Supported by Heavyweight and Angel funds
Hasura, the San Francisco and Bangalore-based company providing data access and data flow tools and services via GraphQL APIs, has raised US$9.9 million in Series A funding led by Vertex Ventures US.
The round also saw participation from SAP.iO Fund, the early-stage venture arm of SAP, existing investors Nexus Venture Partners and Strive VC. Several angels also participated, including James Tamplin (founder of Firebase), Sam Lambert (VP of Infrastructure Engineering at GitHub), Amod Malvia (co-founder of Udaan, ex CTO Flipkart), and Michael Stoppelman (ex-SVP of Engineering at Yelp).
GraphQL has emerged as an API solution to accelerate product and data delivery and is beloved by API consumers and application developers. Hasura automatically generates a real-time GraphQL API using declarative metadata configuration and authorization policies that gives consumers instant use.
Hasura’s event engine makes it easy to integrate cloud-native/serverless business logic to the GraphQL API. This allows organizations and teams to use GraphQL in production and mission-critical applications (alongside existing and modern cloud-native infrastructure) without the significant cost of building and maintaining a GraphQL server.
Building GraphQL APIs in enterprise (where a majority of use-cases are platform-centric and data-centric) has been challenging. It creates complexity for engineers who struggle to keep databases from being swamped by malformed queries which can cause outages and delays, not to mention security/privacy concerns.
Hasura’s technology, powered by a highly concurrent just-in-time compiler, can process GraphQL queries and efficiently map them into queries to multiple underlying systems (like SQL databases, REST APIs etc).
This approach allows Hasura to perform user-given transformations, apply security policies and implement caching requirements in an efficient and scalable way that is cloud-native. Front end engineers, often the consumers of a GraphQL API, truly feel the power of ‘serverless’ design with GraphQL+Hasura.
Hasura’s enterprise product also adds GraphQL API management and governance features, including monitoring, traffic management and testing, and integrations for SSO and APM vendors.
Stoplight, an API Design Management Platform, moved their boilerplate GraphQL and authorization into Hasura from their own GraphQL server. “Hasura has significantly reduced the time our engineers spend writing boilerplate GraphQL code.
However, what really drove adoption of Hasura at Stoplight is the powerful and flexible permissions system it provides out of the box, and how easy it is to incrementally introduce to an existing tech stack,” said Marc MacLeod, Founder & CEO at Stoplight.
“Hasura’s out-of-the-box support for real-time data via GraphQL subscriptions, granular access-control system and support for geospatial data has dramatically accelerated our efforts to modernize our data access layer for internal API consumers,” said Dr. Andreas Sindlinger, Solution Architect at Jeppesen, a Boeing Company.
Hasura’s open-source traction and developer adoption has grown steadily, crossing over 28M downloads and 15k GitHub stars. The Hasura GraphQL engine was one of last year’s fastest-growing projects as per the 2019 JavaScript Rising Stars report. Hasura has seen widespread adoption across some of the world’s most exciting organizations, from fast-growing startups to Fortune 500 enterprises, including some of the largest healthcare and financial services organizations.
“Hasura makes it possible for front-end teams to use GraphQL and move fast without breaking things on the back-end,” said Sandeep Bhadra, Partner at Vertex Ventures US.
“We invested because of the incredible velocity of their product engineering, the tremendous community the founders built in such short order, and the pull from enterprises who want to empower their engineers to move with FAANG-like agility while supporting ops teams with performance management, security, and data access,” said Bhadra.
With this funding, Hasura will invest heavily in engineering and product development, notably providing more ready-made integrations with databases and other data sources, in addition to hiring across sales and marketing.
“Hasura has an amazing fit with Postgres and the Postgres vendor ecosystem including new age distributed SQL Postgres vendors,” said Tanmai Gopal, CEO and co-founder at Hasura.
“While we double down on the Postgres ecosystem, these funds will help us bring the Hasura and GraphQL experience to other databases to mobilize data in organizations by making high-performance and secure data access a reality,” said Gopal.
Hasura is a San Francisco and Bangalore-based company providing data access and data flow tools and services via GraphQL APIs. Hasura makes data access easy and accelerates product delivery, by instantly composing a GraphQL API that is backed by databases and services so that the developer team (or API consumers) get immediately productive. fiinews.com
