Hasura, a GraphQL developer startup, has raised $100 million in a Series C funding round led by Greenoaks.
The Series C round brings the total capital raised by Hasura to $136.5 million and the company’s valuation to $1 billion, making this startup the tenth unicorn of 2022.
Hasura, which has offices in Bengaluru and San Francisco, plans to use the fresh capital to accelerate research and development and expand go-to-market activities globally for the startup's GraphQL Engine, which makes it fast and easy for even those with zero GraphQL expertise to compose a GraphQL API from existing APIs and databases. GraphQL is a data query language and helps APIs run faster.