Dell, Wipro and Wells Fargo participated in a series C round which lifted the database platform developer's overall funding to over $290m.
US-based database software producer Yugabyte has secured $188m in a series C round featuring computing technology producer Dell, IT services provider Wipro and financial services firm Wells Fargo.
The round was led by Sapphire Ventures at a valuation of more than $1.3bn and also backed by Alkeon Capital, Meritech Capital, Lightspeed Venture Partners and 8VC.
Dell, Wipro and Wells Fargo invested through their respective corporate units: Dell Technologies Capital, Wipro Ventures and Wells Fargo Strategic Capital.
Founded in 2016, Yugabyte…
