Yugabyte reels in $188m Series C

Yugabyte, a provider of open source distributed SQL databases, has closed $188 million in Series C funding.

Yugabyte, a provider of open source distributed SQL databases, has closed $188 million in Series C funding. Sapphire Ventures led the round with participation from other backers that included Alkeon Capital, Meritech Capital, Wells Fargo Strategic Capital, Lightspeed Venture Partners, 8VC, Dell Technologies Capital and Wipro Ventures.

Source: Press Release