Wednesday, December 25, 2024

Hasura: Raises $9.9M Series A to simplify GraphQL for developers

Hasura: Raises $9.9M Series A to simplify GraphQL for developers

  • Vertex Ventures US led the round, with participation from SAP.iO Fund and existing investors Nexus Venture Partners and Strive VC
  • A number of angel investors also participated in the round
  • The company has raised a total of approximately $11.5 million
  • GraphQL is an open-source tool originally developed at Facebook in 2012 and open-sourced a few years later
  • The company hopes to make money with an enterprise version that is currently in testing and should be ready soon
  • The startup hopes to expand the capabilities of the tool, while supporting a wider range of database types

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