YugaByte Raises $8M in Series A Funding

YugaByte, a Sunnyvale, CA-based cloud-native database for mission-critical applications, launched from stealth with $8m in Series A funding.

The round was led by Ravi Mhatre of Lightspeed Venture Partners with participation from angels including Jeff Rothschild, former VP of Infrastructure at Facebook. Bipul Sinha, CEO of Rubrik, is a strategic advisor to the company.

Co-founded in 2016 by Kannan Muthukkaruppan, Karthik Ranganathan, and Mikhail Bautin, ex-Facebook engineers who were instrumental in scaling and maturing Apache HBase for massive real-time workloads such as Facebook Messages & Facebook’s Operational Data Store, YugaByte is an open-source cloud-native database for mission-critical applications.
YugaByte DB – whose public beta release is now available – takes the learnings from databases such as Oracle, Apache HBase, Apache Cassandra and Google Spanner to bring SQL and NoSQL paradigms in a unified platform that is purpose built for cloud-native infrastructure agility. It scales up and down on public clouds, on-premises datacenters and across hybrid environments while ensuring zero data loss and always-on data availability, serving as an ideal complement to Docker and Kubernetes.

FinSMEs

02/11/2017

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