The database platform developer will embark on international expansion with funding raised from investors including Dell Technologies Capital and Wipro Ventures.
US-based database software producer Yugabyte has raised $48m in a round led by venture capital firm Lightspeed Venture Partners and backed by computer technology provider Dell and IT services firm Wipro.
Dell and Wipro participated in the round through corporate venturing units Dell Technologies Capital and Wipro Ventures respectively, alongside VC firms Greenspring Associates and 8VC. It is an extension to the company’s series B round, which stood at $30m as of June 2020, according to TechCrunch.
Founded in…
