Bengaluru and Silicon Valley startup Hasura raises $25 million

CHENNAI: Data access infrastructure enterprise Hasura has raised $25 million in Series B funding in a round led by Lightspeed Venture Partners (US) with participation from existing investors Vertex Ventures US, Nexus Venture Partners, Strive VC and SAP.iO Fund.New angel investors, including John Thompson who is the chairman of Microsoft, also invested in the round, which now takes the total fundraise to $36.5 million.Hasura says it plans to use the funding to accelerate hiring and investment in its open source and commercial product development.Hasura has announced that it now supports three of the most popular database technologies. "A great deal of valuable data lives inside existing MySQL and SQL Server databases, and developers want to access that data to build new applications," the company said.Hasura was founded by Tanmai Gopal, CEO, and Rajoshi Ghosh, COO, to make access to data easier for application developers struggling with outdated approaches to API development. Organisations already have data they want to use but it is trapped in silos. Rather than trying to use outdated approaches to overcome this problem, Hasura provides them with an option to connect applications using a modern API-based approach.“Data lives in lots of places, and in many different databases. We want our users to be able to access that data instantly with Hasura’s secure, scalable data access infrastructure so adding support for MySQL and SQL Server was our obvious next step," Hasura co-founder and CEO Tanmai Gopal, said.“Hasura provides a lovely bridge for replatforming applications to cloud-native approaches, so we see this approach being embraced by enterprise developers as well as front-end developers more and more,” Gaurav Gupta, partner at Lightspeed Venture Partners and Hasura board member, said.