Several angel investors also participated, including James Tamplin (founder of Firebase), Sam Lambert (VP of Infrastructure Engineering at GitHub), Amod Malvia (co-founder of Udaan, former Flipkart CTO), and Michael Stoppelman (ex-SVP of Engineering at Yelp), Hasura said in a statement.
Hasura will use the capital raised to invest in engineering and product development, notably providing more ready-made integrations with databases and other data sources, in addition to hiring across sales and marketing.
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.”
Hasura provides data access and data flow tools and services via GraphQL APIs. The company claims to make data access easy and accelerates product delivery, by instantly composing a GraphQL API that is backed by databases and services so that the developer team (or API consumers) get immediately productive.
“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.”
Hasura raised $1.6 million in its seed round led by venture capital firms Nexus Venture Partners and GREE Ventures, which has since been renamed STRIVE, in April 2018.