萝莉视频

San Francisco-based on Wednesday announced its largest venture-backed round of funding to date.

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The funding will accelerate growth of the company鈥檚 data application platform interface that helps developers build company applications faster and easier on any cloud.

led the $27 million Series A extension round of funding, with participation from , as well as developer tools leader , database pioneer and existing institutional investors, including and . With the new funds, the company has of $57 million since it was founded in 2011. Fauna鈥檚 last raise, a , was three years ago.

As part of the investment, , managing director at Madrona, will join the Fauna board of directors. He said in a written statement that the company has rightly identified serverless as 鈥渢he next frontier鈥� and is building a database to cater to the new demand.

鈥淒evelopers are moving en masse to serverless architectures for new applications, marking the dawn of serverless as the next tool chain for building global, hyperscale apps,鈥� Somasegar said.

Fauna also announced new leadership, including as its new CEO. He was formerly the chief product officer at . In addition, veteran and former CEO, , joined Fauna as executive chair and investor. Fauna co-founder will take on the role of CTO.

Berg told 萝莉视频 News that opportunities to create good companies come when there is a shift in the marketplace. In Fauna鈥檚 case, he saw the company trying to take advantage of an architectural shift in developers wanting to build applications in a serverless environment.

Fauna鈥檚 technology eliminates the manual effort, operational complexity and administrative costs typically associated with the use of databases. It also enables developers to set up a complete and powerful data back end in minutes.

Last year, the company gained traction being product-led and developer-first, growing its revenue by four times, Berg said. Therefore, Fauna will use the new funding to increase its research and development on that front.

鈥淚t takes a lot of R&D to start a database,鈥� he added. 鈥淲e will also be experimenting with our go-to-market strategy, emphasizing the community adoption of our product, working with subscribers to manage the usage of Fauna and to get them buying more services.鈥�

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