Tanmai Gopal, June 22 2022

I’m excited to announce our financing of $100M led by Greenoaks along with the participation of Lightspeed’s growth arm, Vertex, Nexus and Strive!

We’ve been careful while building Hasura to make sure that we’re building a sustainable OSS project and a business around it. From project market fit, to product market fit, to scaling GTM and company ops.

Last year was a year of keeping our heads down and building out the foundation of our GTM, which was critical to establishing the long-term foundation of Hasura Inc. While we still have a long way to go, we drove ~4x growth, with ~10x growth on our managed cloud service. It was an incredible year, and with the support of our users and customers, our team delivered massively on building something extremely challenging – delivering on a managed cloud service and on an on premise enterprise product.

We’re excited to double down on all the work we’ve been doing, and continue working alongside partners who share our vision to build a lasting infrastructure company for developers in the next decade and beyond.

We’ve worked with our users and customers to add business value via the applications and APIs they build, and to extract value from even their existing data rapidly, using Postgres and recently SQL Server & Big Query. We’ve also always been guided by the community in our roadmap and these conversations, suggestions, contributions (and frustrations!) have been our compass in navigating the jungle and/or turbulent ocean that is the landscape of a startup creating a New Kind Of Thing.

Ergo, going forward, our growth strategy is really quite simple:

Catalyze Hasura being everywhere, and keep solving for what our users want and need.

We’re building the product and the company that enables our community to:

1. Take Hasura to all the places they wish they had a powerful and lovable data API
2. Further enhance and solve for emerging use-cases, when they’re already using Hasura

Areas of work

• We will enable the community to extend and expand Hasura to the data sources and the use-cases they see.

  • In particular, there is incredible prior work here done in the Postgres (and the broader database) ecosystem with things like Postgres extensions (FDWs!), and UDFs in Postgres that we’ve been taking inspiration from. Watch out for some major announcements at Hasura Con this year, to see what we’ve been up to!

• We will accelerate our ability to respond to what our community wants a