Monday, December 23, 2024

Hasura: Raises $100M in Series C Funding at $1 Billion Valuation

Hasura Raises $100M in Series C Funding at $1 Billion Valuation

  • Hasura, a San Francisco, CA-based GraphQL innovation leader, raised $100M in Series C funding at a $1 Billion valuation
  • The round was led by Greenoaks with participation from existing investors Nexus Venture Partners, Lightspeed Venture Partners and Vertex Ventures
  • The company intends to use the funds to accelerate research and development and expand go-to-market activities globally for its GraphQL Engine
  • The company provides the GraphQL Engine, which makes it fast and easy for even those with zero GraphQL expertise to compose a GraphQL API from existing APIs and databases
  • The company has been downloaded more than 400M times and has earned more than 25,000 GitHub stars since its introduction in 2018

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