Yugabyte, the open source distributed SQL databases platform, has announced that it has closed $188 million in an oversubscribed Series C funding round. The round, led by Sapphire Ventures, includes participation from Alkeon Capital, Meritech Capital, and Wells Fargo Strategic Capital, as well as existing investors Lightspeed Venture Partners, 8VC, Dell Technologies Capital, Wipro Ventures,…
Tag: Yugabyte
Yugabyte adds $48 mn in funding round led by Lightspeed Venture Partners
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•Yugabyte, the leader in open source distributed SQL databases, announced a $48 million funding round led by Lightspeed Venture Partners with additional participation by Greenspring Associates, Dell Technologies Capital, Wipro Ventures and 8VC. Till now, the startup raised a total of $103 million in funding. The funding will be used to expand Yugabyte’s R&D, sales…