Yugabyte lands $30M Series B as open source database continues to flourish

Yugabyte lands $30M Series B as open source database continues to flourish

3 years ago
Anonymous $-9GJQVHNr8

https://techcrunch.com/2020/06/09/yugabyte-lands-30m-series-b-as-open-source-database-continues-to-flourish/

It’s been a big period of positive change for Yugabyte, makers of the open source, cloud native YugabyteDB database. Just last month they brought on former Pivotal CEO Bill Cook as CEO, and today the company announced it has closed a $30 million Series B.

8VC and strategic investor WiPro led the round with participation from existing investors Lightspeed Venture Partners and Dell Technologies Capital. Today’s investment brings the total raised to $55 million, according to the company.