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YugaByte

YugaByte

Distributed SQL database solutions for enterprises

About

Yugabyte offers a distributed SQL database called YugabyteDB, designed for large-scale applications that require high availability and resilience. This database allows businesses to manage vast amounts of data across multiple locations, ensuring accessibility and security. Yugabyte stands out by providing both open-source and commercial versions, fostering community engagement while also offering managed services for enterprises. The company's goal is to deliver scalable and reliable data management solutions for mission-critical applications.

Company Stage

Series C

Employees

201-500

Industries

Data & Analytics, Enterprise Software

Total Funding

$298M

Headquarters

N/A

Founded

2016


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Simplify's Take

What believers are saying

  • Achieving PCI DSS Level 1 compliance positions Yugabyte as a secure and scalable option for financial institutions, enhancing its appeal in the fintech sector.
  • The introduction of xCluster Disaster Recovery for YugabyteDB Anywhere simplifies disaster recovery, making it easier for organizations to ensure data resilience and compliance.
  • Recognition in the Gartner Magic Quadrant and Hype Cycle underscores Yugabyte's growing influence and credibility in the cloud database market.

What critics are saying

  • The rapidly evolving cloud database market requires continuous innovation to stay ahead of competitors, posing a challenge for Yugabyte.
  • Dependence on the open-source community for contributions could lead to variability in the quality and pace of development.

What makes YugaByte unique

  • Yugabyte offers the first native disaster recovery orchestration solution for distributed SQL databases, setting it apart from competitors relying on third-party solutions.
  • The company's dual offering of open-source and commercial versions fosters a large community while providing enterprise-grade support and advanced features.
  • Yugabyte's focus on high availability, resilience, and multi-region deployment makes it particularly suitable for mission-critical applications in sectors like finance and healthcare.

Growth & Insights
Headcount

6 month growth

-5%

1 year growth

-11%

2 year growth

0%

Benefits

Comprehensive health benefits

Competitive compensation

Flexible hours and time off

Have fun together

Work from home

Opportunities to try, learn, and grow

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