Fauna Inc., a San Francisco, CA-based operational database company, completed a $25M Series A funding round.
Capital One Growth Ventures, the venture capital arm of the financial-services giant, joined GV (formerly Google Ventures), Point72 Ventures, Afore Capital and Costanoa Ventures in the round, along with LINE, NHN and Naver.
The company will use the funds to scale operations and to continue building the database.
Led by Evan Weaver, co-founder and Chief Executive Officer, Fauna provides FaunaDB, a NoSQL database for mission critical data, which combines a high performance distributed transactional query engine with global scalability and policy-based security.
FaunaDB is infrastructure agnostic and is available today for use on-premises as well as a managed cloud service for a wide range of applications across many industries, from financial services firms that demand ACID-compliant databases for their massive amount of transactions to video game developers.
Designed for all types of workloads, large or small, and ran on commodity hardware in private data centers, public cloud environments or a combination of the two, FaunaDB is in active use at global leaders such as NVIDIA, as well as small teams building complex mobile products with hundreds of teams using the FaunaDB Cloud.
Fauna launched in 2012 and has raised $29.5m, including the $25m Series A round.
FinSMEs
21/03/2018