Yugabyte expands its fully managed enterprise cloud service with $188M

Yugabyte, the company behind the distributed Structured Query Language (SQL) database YugabyteDB, today announced that it raised $188 million in a series C round, bringing the company’s total raised to $291 million with a $1.3 billion valuation. CEO Bill Cook says that the capital will be used to further grow Yugabyte’s field and engineering teams and support the company’s expansion into new markets, seven months after Yugabyte’s previous financing round.

Link: Yugabyte expands its fully managed enterprise cloud service with $188M
via venturebeat.com

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