NocoDB Raises $10.5M in Funding

NocoDB, a San Francisco, CA-based provider of an open-source, no-code platform that turns any database into a smart spreadsheet, raised $10.5M in funding.

The round was led by Decibel and OSS Capital with participation from Uncorrelated Ventures, Together.Fund, Ram Shriram, Matt Mullenweg, Naval Ravikant, Jeff Hammerbacher, Spencer Kimball, Bob Young, Chad Hurley, Tod Sacerdoti, Bertrand Diard, and Girish Mathrubootham.

The company intends to use the funds to accelerate growth and expand operations.

Led by CEO Naveen Rudrappa, NocoDB is an open-source, no-code database platform that connects to any production data source and transforms it into a smart spreadsheet to allow developers and business users to build no-code applications collaboratively with teams and work directly with live production data. NocoDB supports data stores on MySQL, PostgreSQL, Microsoft SQL Server, SQLite, Amazon Aurora, MariaDB, Snowflake and Oracle DB. Its app store allows users to build business workflows with Slack, Microsoft Teams, Discord, Twilio, WhatsApp, email and third-party APIs and connectors such as Zapier and Integromat.

NocoDB has grown since its launch last year to reach 7 million downloads, 30,000+ GitHub stars, and over 100 contributors, placing it among the top 350 open-source projects in the world. More than 2000+ organizations, including Fortune 500s such as American Express, Google, McAfee, and Walmart use NocoDB open source to empower teams to create applications and workflows on top of existing code infrastructure.

The company has also started building a managed cloud platform, launching a closed beta for early access to Snowflake and Oracle Database support.

FinSMEs

11/10/2022