Company
Date Published
Author
Evan Weaver Matt Freels
Word count
791
Language
English
Hacker News points
2

Summary

The company Fauna has raised $27 million in funding from investors including Soma Somasegar at Madrona Venture Group and Aaron Schildkrout at Addition Capital, along with existing investors GV, CRV, and others. The new investment will be used to continue building the mission-critical database tier of the client-serverless stack, which is becoming increasingly popular due to its productivity benefits for developers. Fauna has grown to 25,000 developers and is now a foundational technology in this new architecture, with applications running on globally distributed clients that expect low latency and ubiquitously available data services. The company has also brought on additional executive leadership, including Bob Muglia as executive chair and Eric Berg as CEO, who will focus on scaling the business while continuing to innovate and improve the developer experience.