Yugabyte joined the Unicorn Club after raising $291 million across multiple funding rounds, reaching a $1.3 billion valuation. Founded in 2016 and headquartered in Sunnyvale, California, United States, Yugabyte develops a cloud-native, distributed SQL database that supports global applications with high performance, horizontal scalability, and strong consistency.
The company’s platform enables enterprises to deploy resilient, high performance databases on cloud, hybrid, and multi-cloud environments.
Keep reading to learn how Yugabyte scaled into a $1.3 billion cloud database unicorn.
What Is Yugabyte and What Does It Do?
Founded in 2016, Yugabyte is an enterprise database company that builds YugabyteDB, a cloud-native, distributed SQL database designed for global applications. The platform combines transactional capabilities with high availability, enabling developers and organizations to run mission-critical workloads with strong consistency and performance.
YugabyteDB supports both SQL and NoSQL models, offering compatibility with PostgreSQL and scalable geo-distribution. Its solutions address modern data infrastructure needs across hybrid and multi-cloud deployments for digital transformation initiatives.
How Much Funding Has Yugabyte Raised?
1. Series A Round
- Amount Raised: $8 million
- Date: 2017
- Lead Investors: Lightspeed Venture Partners, angel investors
- Purpose: Expand engineering efforts and accelerate product development
2. Series B Round
- Amount Raised: $30 million
- Date: 2020
- Lead Investors: 8VC, Lightspeed Venture Partners, Dell Technologies Capital, Wipro Ventures
- Purpose: Scale engineering and enterprise adoption of the distributed database
3. Series B Extension Round
- Amount Raised: $48 million
- Date: 2021
- Lead Investors: Lightspeed Venture Partners, Greenspring Associates, Dell Technologies Capital, Wipro Ventures, 8VC
- Purpose: Accelerate global expansion, enhance performance, and invest in cloud offerings
4. Series C Round
- Amount Raised: $188 million
- Date: 2021
- Valuation: Approximately $1.3 billion
- Lead Investors: Sapphire Ventures, Alkeon Capital Management, Meritech Capital Partners, Wells Fargo Strategic Capital, Lightspeed Venture Partners, Dell Technologies Capital, Wipro Ventures, 8VC
- Purpose: Expand go-to-market operations, scale product development, and fuel enterprise adoption
Total Funding Raised: $291 million Latest Funding Date: 2021 Latest Known Valuation: $1.3 billion TexAu
Key Investors
- Lightspeed Venture Partners
- Details: Global venture capital firm backing growth stage technology
- Focus Areas: Enterprise software, cloud platforms, and developer infrastructure
- Sapphire Ventures
- Details: Technology focused investment firm supporting scaling companies
- Focus Areas: Cloud computing, enterprise software, and data infrastructure
- 8VC
- Details: Venture capital firm investing in technology innovation
- Focus Areas: Data infrastructure, cloud software, and enterprise innovation
- Dell Technologies Capital
- Details: Strategic investment arm of Dell Technologies
- Focus Areas: Cloud, data platforms, and enterprise infrastructure
- Wipro Ventures
- Details: Corporate venture arm of Wipro
- Focus Areas: IT services, cloud computing, and data platforms
Where Is Yugabyte’s Headquarters?
Yugabyte is headquartered in Sunnyvale, California, United States, serving as the central hub for its engineering, product strategy, and global database platform operations.
What’s Next for Yugabyte?
Yugabyte plans to deepen enterprise adoption of its distributed SQL database and grow the Yugabyte Cloud managed service offerings. The company is focused on expanding global partnerships, enhancing multi-cloud support, and developing advanced features that improve scalability, performance, and developer experience across hybrid and public cloud environments.
Get Investor and Funding Insights with TexAu
TexAu helps you track verified investor activity, funding rounds, and company growth signals across high growth startups like Yugabyte. Discover actionable insights on cloud infrastructure companies, distributed databases, and enterprise data trends.
Sign up for Free to unlock real time investor and funding intelligence.