Serverless Data API startup Fauna secures $27 Million in Funding
Fauna, the serverless data API for client-serverless applications, has secured $27 Million in funding.
The Madrona Venture Group led the latest funding round. Other participating investors include ADDITION, Tom Preston Werner, Roger Bamford, and existing institutional investors, CRV, and Quest Ventures.
Executive Opinion
CEO at Fauna, Eric Berg, said, "Fauna offers a disruptive value proposition at the operational data layer for developers working on the next generation of mobile and web applications. Application databases have long been associated with functional and operational friction, while being a core component of any application stack. Fauna has the right architecture, the right team and the right investors to deliver massive value to the industry. I am thrilled to be part of this journey."
FaunaDB database
FaunaDB is delivered as a serverless API. The service is backed by a purpose-built distributed storage and compute platform. that is fast, consistent, and reliable, supporting a modern security infrastructure.
Fauna transforms the operational database into a data API and supports a web-native GraphQL API interface with support for custom business logic and integration with the serverless ecosystem.
The multicloud support prevents helps avoid application data loss with regional outages. Managing Director at Madrona, GV. S. Somasegar also joins the Fauna board of directors, notes the announcement.
PC:pixabay
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Mandar Pise
Opinions expressed by techsutram contributors are their own. More details
Mandar is a seasoned software professional for more than a decade. He is Cloud, AI, IoT, Blockchain and Fintech enthusiast. He writes to benefit others from his experiences. His overall goal is to help people learn about the Cloud, AI, IoT, Blockchain and Fintech and the effects they will have economically and socially in the future.
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