Yugabyte Raises $48 Million Funding Round to Accelerate Distributed SQL Enterprise Adoption and Fuel Global Expansion
Coming on the heels of a $30 million capital raise announced in June 2020, the round brings Yugabytes total funding to $103 million.
- Coming on the heels of a $30 million capital raise announced in June 2020, the round brings Yugabytes total funding to $103 million.
- To turbo-charge these efforts, it recently acquired India-based Falarica.io to accelerate its development and recruiting efforts in the APAC region.
- This new round of funding will position Yugabyte to meet this increased enterprise demand and power our global expansion into key markets.
- Yugabyte is the company behind YugabyteDB, the open source, high-performance distributed SQL database for building global, internet-scale applications.