Apollo GraphQL, a San Francisco, CA-based developer of open source and commercial GraphQL API technologies, raised $130m in Series D funding.
The round was led by Insight Partners with participation from existing investors Andreessen Horowitz, Matrix Partners, Trinity Ventures, Next47 and Hatim Shafique, Chief Customer Officer at DataBricks.
Led by Geoff Schmidt, cofounder and CEO, Apollo GraphQL is a provider of open source and commercial GraphQL technologies which allow engineering teams to build unified graphs to accelerate application development and deliver cohesive experiences. Its open-source GraphQL client, server, and gateway are downloaded more than 17M times per month and used in production by over 30% of the Fortune 500. Customers like Walmart, Expedia, Glassdoor, Audi, and PayPal, use the Apollo Graph Platform to unify their GraphQL efforts, collaborate on graph development, and safely iterate on their graphs.
Today, Apollo processes over 6 billion queries daily on its platform and enterprise annual recurring revenue (ARR) nearly tripled over the last 12 months.
FinSMEs
17/08/2021