Supabase Raises $80 Million in Series B Funding
- Supabase, a Pleasanton, Calif.-based open-source Database-as-a-Service (DBaaS) company, raised $80 million in Series B funding
- The round, which brings total capital raised to $116m, was led by Felicis, with participation from existing investors Coatue and Lightspeed
- The company is building an open-source Database-as-a-Service platform to help developers build their applications without repeating the same tasks
- Developers use it to manage their application’s database, authentication, storage, and edge functions
- The community surpassed 80,000 developers, with many signups from cloud-native, enterprise and Fortune 500 companie
