positive
Supabase hits $5B valuation in fresh funding round
Open-source database platform Supabase secured new funding that values the company at $5 billion, according to Reuters. The financing underscores strong investor support for backend developer tools amid the AI-driven software boom. Supabase provides developers an alternative to Google Firebase, integrating AI-enabled APIs, real-time sync, and PostgreSQL support. The funds will expand its global infrastructure and developer ecosystem, marking a major milestone for open-source data platforms in enterprise adoption.
Companies:
- Supabase
Tags:
- Supabase
- funding
Reuters• By Harsh Ranjan
Explore:Mutual Fund Tools
positive
Supabase hits $5B valuation in fresh funding round
Open-source database platform Supabase secured new funding that values the company at $5 billion, according to Reuters. The financing underscores strong investor support for backend developer tools amid the AI-driven software boom. Supabase provides developers an alternative to Google Firebase, integrating AI-enabled APIs, real-time sync, and PostgreSQL support. The funds will expand its global infrastructure and developer ecosystem, marking a major milestone for open-source data platforms in enterprise adoption.
Companies:
- Supabase
Tags:
- Supabase
- funding
Reuters• By Harsh Ranjan
Explore:Mutual Fund Tools
1 min read
69 words
Supabase reached a $5B valuation in its latest funding, reinforcing demand for open-source developer and AI-integrated backend tools.
Open-source database platform Supabase secured new funding that values the company at $5 billion, according to Reuters. The financing underscores strong investor support for backend developer tools amid the AI-driven software boom. Supabase provides developers an alternative to Google Firebase, integrating AI-enabled APIs, real-time sync, and PostgreSQL support. The funds will expand its global infrastructure and developer ecosystem, marking a major milestone for open-source data platforms in enterprise adoption.
Open-source database platform Supabase secured new funding that values the company at $5 billion, according to Reuters. The financing underscores strong investor support for backend developer tools amid the AI-driven software boom. Supabase provides developers an alternative to Google Firebase, integrating AI-enabled APIs, real-time sync, and PostgreSQL support. The funds will expand its global infrastructure and developer ecosystem, marking a major milestone for open-source data platforms in enterprise adoption.
Companies:
- Supabase
Tags:
- Supabase
- funding
- Supabase
- funding
- open-source
- developer tools
- AI infrastructure