Tech startup Hasura raises $9.9 Mn funding led by Vertex Ventures US

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Hasura, a San Francisco, CA and Bangalore, India-based company providing data access and data flow tools and services via GraphQL APIs, raised $9.9m in Series A funding.

Bengaluru, 27 Feb, 2020. RedNewswire/-

The round of funding was led by Vertex Ventures US with participation from SAP.iO Fund, Nexus Venture Partners and Strive VC.

Several angels including James Tamplin (founder of Firebase), Sam Lambert (VP of Infrastructure Engineering at GitHub), Amod Malvia (co-founder of Udaan, ex CTO Flipkart), and Michael Stoppelman (ex-SVP of Engineering at Yelp). also participated in the round.

GraphQL is an open-source tool originally developed at Facebook in 2012 and open-sourced a few years later.

Hasura will use the funds to invest in engineering and product development, providing ready-made integrations with databases and other data sources, in addition to hiring across sales and marketing.

“Hasura makes it possible for front-end teams to use GraphQL and move fast without breaking things on the back-end,” said Sandeep Bhadra, partner at Vertex Ventures US. “We invested because of the incredible velocity of their product engineering, the tremendous community the founders built in such short order, and the pull from enterprises who want to empower their engineers to move with FAANG-like agility while supporting ops teams with performance management, security, and data access.”

Tanmai Gopal, CEO and co-founder at Hasura, said, “While we double down on the Postgres ecosystem, these funds will help us bring the Hasura and GraphQL experience to other databases to mobilise data in organizations by making high-performance and secure data access a reality.”