PlanetScale Raises $3m in Seed Funding

planetscalePlanetScale, a San Francisco, CA-based relational database platform aimed at helping companies horizontally scale data in the cloud, raised $3m in seed funding.

The round was led by SignalFire with participation from a dozen top tech and infrastructure veterans, including:
– YouTube Founder Steve Chen;
– Dropbox’s ex-CTO Aditya Agarwal;
– Google’s ‘Security Princess’ (now ‘Browser Boss’) and Director of Engineering Parisa Tabriz;
– Affirm Co-Founder & CEO Max Levchin;
– MuleSoft Founder & CTO Ross Mason;
– Quora CEO Adam D’Angelo;
– GitHub Head of Platform Sam Lambert;
– Prasanna Srikhantha;
Coda Co-Founder and CEO Shishir Mehrotra;
Investor, Advisor and former SVP of Engineering at Yelp Mike Stoppelman;
Start Smart Labs Founders Ellen Salisbury and Raymie Stata;
South Park Commons Founder Ruchi Sanghvi; and
Box Group.

The company is now launching out of stealth.

Founded by the creators of Vitess, PlanetScale provides a database sharding solution which allows businesses to operationalize Vitess*, which powers companies like YouTube, Square Cash, Slack and GitHub, to scale, protect, access, and derive insights from their data.
The company manages database deployments inside Kubernetes, enabling seamless scaling, and providing automated operations of databases. Based on industry-standard MySQL, it does not require users to make major changes to infrastructure.

*Today, companies founded on data like Github, Square, Slack and JD.com have already scaled with Vitess, an open source project for scaling large MySQL databases founded by PlanetScale’s CTO Sugu Sougoumarane at Youtube in 2010 and Mike Solomon and hosted by CNCF (Cloud Native Computing Foundation), which also hosts Kubernetes and many other prominent cloud native projects.

PlanetScale’s CEO is Jitendra Vaidya.

FinSMEs

19/12/2018

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