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SAP.iO Fund Invests in Hasura, Provider of GraphQL Access to Data Sources

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AP.iO Fund, has invested in Hasura, a San Francisco and Bangalore-based company that provides data access and data flow tools and services via GraphQL APIs.

SAP will work with Hasura to enable support for SAP HANA as well as offer native GraphQL capabilities to the SAP Cloud Platform Integration Suite. The Series A round was led by Vertex Ventures and includes existing investors Nexus Venture Partners and Strive VC, among others.

Hasura’s event engine makes it easy to integrate cloud-native/serverless business logic to the GraphQL API. Hasura automatically generates real-time GraphQL APIs using declarative metadata configuration and authorization policies for consumers. Organizations can use GraphQL in production and mission-critical applications alongside existing and modern cloud-native infrastructures without the significant cost of building and maintaining a GraphQL server.

“SAP has a strong community of partners and customers building applications on SAP Cloud Platform,” said Ram Jambunathan, senior vice president at SAP and managing director of SAP.iO. “Together with Hasura, SAP can extend and support data access for GraphQL, helping our customers expand their SAP solution capabilities as part of their intelligent enterprise transformation.”

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Hasura announces new funding for product and data delivery with GraphQL

Hasura has raised $9.9 million in a Series A round of funding. According to the company, the money will go to accelerating product and data delivery using GraphQL. Hsaura provides solutions that automatically creates real-time GraphQL APIs, giving users instant access to data. 

The round of funding was led by Vertex Ventures US with participation from SAP.iO Fund, Nexus Venture Partners and Strive VC.

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Hasura raises $9.9M Series A to simplify GraphQL for developers

Hasura, a startup working to solve developer problems around connecting to databases when using the open-source GraphQL tool, announced a $9.9 million Series A investment today.

Vertex Ventures US led the round, with participation from SAP.iO Fund and existing investors Nexus Venture Partners and Strive VC. A number of angel investors also participated in the round. The company has raised a total of approximately $11.5 million.

GraphQL is an open-source tool originally developed at Facebook in 2012 and open-sourced a few years later. Hasura CEO and co-founder Tanmai Gopal says the company had been working on helping developers to simplify Kubernetes, but over time, it realized that data access was a bigger problem, so it developed an open-source tool that works with GraphQL to help solve that issue.

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Hasura Announces $9.9M in Series A Funding to Accelerate Product & Data Delivery Using GraphQL

Hasura, the San Francisco and Bangalore-based company providing data access and data flow tools and services via GraphQL APIs announced today that it has raised $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).

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