Private Equity PE Fund Investments
Developer tools startup Hasura raises $100-M from Greenoaks, Nexus Ventures, others
Hasura, a Bengaluru- and San Francisco, CA (USA)-based developer tools startup, has raised USD 100 million in a round led by Greenoaks, with participation from existing investors Nexus Venture Partners, Lightspeed Venture Partners and Vertex Ventures. The Series C round brings the total capital raised by Hasura to USD 136.5 million and the company's valuation to USD 1 billion, making it a unicorn.
Hasura plans to use the funding to accelerate R&D and expand go-to-market activities globally for the company's GraphQL Engine.
From the Venture Intelligence PE-VC Deal Database: Between Aug-17 and Sep-20, Hasura raised $36.5 M from SAP.iO, Strive VC, Vertex, Lightspeed Ventures, Nexus Venture Partners, and others. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)