Enterprise IT startup Fauna announced it has raised $25 million in Series A financing, led by Point72 Ventures. GV, Costanoa Venture Capital, afore.vc, CRV, Data Collective, Quest Venture Partners, Webb Investment Network, and ULU Ventures also participated.
FaunaDB is an operational database that lets enterprises adapt at scale by combining global distribution, multi-tenancy, and strong consistency with a modern, converged query language. Unlike legacy databases, FaunaDB delivers flexibility, scalability, and safety without compromise. It is available as an elastic cloud service and as an on-premises package with zero infrastructure lock-in.
According to the company, the investment will help the company accelerate product development and scale sales.