YugaByte Secures $16 Million in Funding

Creator of YugaByte DB, a cloud native transactional database for globally distributed applications, YugaByte Inc., secured $16 million in an investment round co-led by Dell Technologies Capital and previous investor Lightspeed Venture Partners.

YugaByte DB converges the operational database needs of mission-critical applications into an easy-to-manage, unified platform, allowing enterprises to focus on growing their business rather than managing complex infrastructure. Founded in 2016 by former Facebook engineers and database experts, YugaByte is headquartered in Sunnyvale, California.