Fauna, Inc., the San Francisco, CA-based company behind FaunaDB, an adaptive operational database, closed a $25M Series A funding.
The round was led by Daniel Gwak at Point72 Ventures, with participation from GV (formerly Google Ventures), Costanoa Ventures, Afore Capital, and others and existing investors CRV, Data Collective, Quest Venture Partners, the Webb Investment Network, and Ulu Ventures.
The company inrends to use the funds to build the product and expand operations.
Created in 2012 by Evan Weaver, CEO, and Matt Freels, CTO, FaunaDB is a transactional, globally distributed database enable digital businesses manage modern cloud applications at security and speed.
FaunaDB is offered as a serverless cloud product spanning AWS, GCP, and soon Azure, as well as an on-premises/hybrid-cloud package for the enterprise.
FinSMEs
14/09/2017