Thursday, Apr 25 2024 | Time 17:20 Hrs(IST)
image
Business Economy


Hasura raises USD25 million Series B and adds MySQL support to its GraphQL service

Hasura raises USD25 million Series B and adds MySQL support to its GraphQL service

Mumbai, Sep 9 (UNI) Hasura, a service that provides developers with an open-source engine that provides them a GraphQL API to access their databases on Wednesday said that it has raised a USD25 million Series B round led by Lightspeed Venture Partners. Previous investors Vertex Ventures US, Nexus Venture Partners, Strive VC and SAP.iO Fund also participated in this round.

Hasura is using the funding to accelerate its hiring and investment in its open source and commercial product development to support its millions of users.

In addition to the new funding, Hasura also announced that it has added support for MySQL databases. Until now, the company’s service only worked with PostgreSQL databases.

Hasura now supports three of the most popular database technologies. A great deal of valuable data lives inside existing MySQL and SQL Server databases, and developers want to access that data to build new applications. By expanding its support to more database types, Hasura makes it easy for developers to access that data with a modern GraphQL-based API with inbuilt security, scalability and governance.

“Data lives in lots of places, and in many different databases. We want our users to be able to access that data instantly with Hasura’s secure, scalable data access infrastructure so adding support for MySQL and SQL Server was our obvious next step. It opens up huge potential for all the developers who need to access the vast amounts of data that lives in MySQL and SQL Server today. Now they can enjoy instant data access with a modern GraphQL API, and Hasura’s built-in security, governance and scalability features will get their applications into production quickly and safely,” said Hasura co-founder and CEO Tanmai Gopal

'We’re very impressed by how developers have taken to Hasura and embraced the GraphQL approach to building applications,”'said Gaurav Gupta, partner at Lightspeed Venture Partners and Hasura board member. 'Particularly for front-end developers using technologies like React, Hasura makes it easy to connect applications to existing databases where all the data is without compromising on security and performance. Hasura provides a lovely bridge for re-platforming applications to cloud-native approaches, so we see this approach being embraced by enterprise developers as well as front-end developers more and more.”

UNI JS SB 1235

More News

Rupee ends flat at 83 32 against USD

25 Apr 2024 | 4:50 PM

Mumbai, April 25 (UNI) The rupee on Thursday ended steady at 83.32 against the USD on selling US dollars by bankers and exporters, dealers at the foreign exchange said.

see more..

Shree Cement joins RE100

25 Apr 2024 | 4:32 PM

Mumbai, Apr 25 (UNI) Shree Cement, one of India's largest cement producers with an installed capacity of over 56 MTPA, has announced its membership in the esteemed RE100 initiative, a global initiative led by Climate Group, advocating for businesses to convert to 100 per cent renewable electricity for all their operations.

see more..

Vedanta net down 27 pc in Q4

25 Apr 2024 | 4:26 PM

Mumbai, Apr 25 (UNI) Indian mining company Vedanta, with its operations in iron ore, aluminium, zinc, oil and gas, on Thursday reported 27 per cent dip in net profit at Rs 2,273 crore for the fourth quarter (January-March) of FY 24 from Rs 3,132 crore in same period a year ago.

see more..

India’s John Distilleries ‘Nirvana’ wins at London Spirits Competition

25 Apr 2024 | 3:25 PM

New Delhi, April 25 (UNI) John Distilleries Ltd’s Paul John single malt whiskey ‘Nirvana’ has been awarded a “Gold” medal in the prestigious London Spirits Competition 2024. JDL’s two other offerings, Roulette London Dry Gin and Paul John XO Brandy, have also won ‘Silver’ medals. JDL is the only Indian company to have been awarded in three different categories: whiskey, gin, and brandy.

see more..
Dr Reddy’s Lab and Nestlé India enter into definitive agreement to form JV company

Dr Reddy’s Lab and Nestlé India enter into definitive agreement to form JV company

25 Apr 2024 | 2:40 PM

Hyderabad, April 25 (UNI) Dr. Reddy’s Laboratories and Nestlé India have entered into a definitive agreement to form a joint venture company to bring innovative nutraceutical brands to consumers in India and other agreed territories.

see more..
image