Hasura Bags $9.9 Million in Series A to Expedite Product & Data Delivery using GraphQL

Hasura Bags $9.9 Million in Series A to Expedite Product & Data Delivery using GraphQL

CEO Insights team, Press Release

Hasura, a San Francisco and Bangalore-based company providing data access and data flow tools and services via GraphQL APIs, announces an influx of $9.9 million in Series A funding led by Vertex Ventures US. The round also witnessed participation from SAP.iO Fund, the early-stage venture arm of SAP, existing investors Nexus Venture Partners and Strive VC. Many high-spirited souls also participated, including James Tamplin (founder of Firebase), Sam Lambert (VP of Infrastructure Engineering at GitHub), Amod Malvia (co-founder of Udaan & ex-CTO of Flipkart), and Michael Stoppelman (ex-SVP of Engineering at Yelp).

GraphQL has grown as an API solution to expedite product and data delivery and is revered by API consumers and application developers. Hasura automatically generates a real-time GraphQL API using declarative metadata configuration and authorization policies that provides consumers instant use. Hasura’s event engine makes it easy to integrate cloud-native/serverless business logic to the GraphQL API. This empowers organizations and teams to use GraphQL in production and mission-critical applications (alongside existing and modern cloud-native infrastructure) without the exceptional 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 lead to outages and delays, not to mention security/privacy concerns.

Powered by a highly concurrent real-time compiler, Hasura’s technology can process GraphQL queries and efficiently map them into queries to multiple underlying systems (like SQL databases, REST APIs, and others). This approach lets 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, generally 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 & testing, and integrations for SSO & APM vendors.
Stoplight, an API Design Management Platform, moved their boilerplate GraphQL and authorization into Hasura from their own GraphQL server. Marc MacLeod, Founder & CEO at Stoplight says, “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.”

“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,” avers Dr. Andreas Sindlinger, Solution Architect at Jeppesen (A Boeing Company).

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’s open-source traction and developer adoption has grown steadily, crossing over 28M downloads and 15k GitHub stars.

Front end engineers, generally the consumers of a GraphQL API, truly feel the power of ‘serverless’ design with GraphQL+Hasura

Sandeep Bhadra, Partner at Vertex Ventures US says, “Hasura makes it possible for front-end teams to use GraphQL and move fast without breaking things on the back-end.” He adds further, “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.”

With this funding, Hasura will majorly invest in engineering and product development, especially providing more ready-made integrations with databases and other data sources, in addition to hiring across sales and marketing.

Tanmai Gopal, CEO & Co-Founder, Hasura, states, “Hasura has an amazing fit with Postgres and the Postgres vendor ecosystem including new age distributed SQL Postgres vendors.” Tanmai adds, “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.”
Source : Press Release