YugaByte

YugaByte

Distributed SQL database solutions for enterprises

About YugaByte

Simplify's Rating
Why YugaByte is rated
A
Rated A on Competitive Edge
Rated B on Growth Potential
Rated A+ on Rating Differentiation

Industries

Data & Analytics

Enterprise Software

Company Size

201-500

Company Stage

Series C

Total Funding

$290M

Headquarters

Sunnyvale, California

Founded

2016

Overview

Yugabyte offers a distributed SQL database called YugabyteDB, designed for large-scale applications that require high availability and resilience. It allows businesses to manage extensive data across multiple locations, ensuring accessibility and security, particularly in sectors like finance and healthcare. The company stands out by providing both an open-source version for community engagement and a commercial version with managed services and enterprise support. Yugabyte's goal is to deliver scalable and reliable database solutions for mission-critical applications.

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Simplify's Take

What believers are saying

  • Achieving PCI DSS Level 1 compliance boosts appeal to financial institutions.
  • Growing demand for disaster recovery solutions aligns with YugabyteDB's new features.
  • Shift from AWS Aurora to YugabyteDB indicates strong market positioning.

What critics are saying

  • Competition from CockroachDB and Google Spanner is intensifying.
  • Rapid tech advancements may outpace Yugabyte's current offerings.
  • Open-source reliance could slow innovation if community engagement wanes.

What makes YugaByte unique

  • YugabyteDB offers native disaster recovery orchestration, a first in distributed SQL databases.
  • It provides seamless migration from PostgreSQL, simplifying transitions for existing users.
  • YugabyteDB's multi-region resilience and PostgreSQL compatibility attract enterprises like Scout24.

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Funding

Total Funding

$290M

Above

Industry Average

Funded Over

4 Rounds

Notable Investors:
Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Above Average

Industry standards

$50M
$50M
Medium
$62M
SeatGeek
$100M
Oura
$188M
YugaByte

Benefits

Comprehensive health benefits

Competitive compensation

Flexible hours and time off

Have fun together

Work from home

Opportunities to try, learn, and grow

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

1%
Intellyx
Dec 18th, 2024
Yugabyte Wins 2024 Digital Innovator Award from Intellyx

AMSTELVEEN, NETHERLANDS - December 18, 2024: Intellyx, now celebrating 10 years of thought leadership and analysis dedicated to digital transformation, today announced that Yugabyte has won the Winter 2024 Intellyx Digital Innovator Award.

CIO Influence
Sep 19th, 2024
YugabyteDB Evolves PostgreSQL to a Distributed Architecture for Modern, Cloud-Native Applications

To showcase how easy it is to migrate from PostgreSQL to YugabyteDB, Yugabyte has launched its App Century Challenge.

Business Wire
Apr 30th, 2024
Yugabytedb 2.21 Introduces Industry'S First Native Disaster Recovery Orchestration Solution For A Distributed Sql Database

SUNNYVALE, Calif.--(BUSINESS WIRE)--YugabyteDB, the distributed PostgreSQL database company for cloud native applications, today announced YugabyteDB 2.21 to arm organizations with advanced disaster recovery and resiliency capabilities. This release extends Yugabyte’s xCluster asynchronous replication with disaster recovery orchestration. Further innovations in this release boost data resilience by reducing friction to move existing applications to YugabyteDB, eliminating software upgrade risks, and powering predictable and resilient Kubernetes deployments.New regulations, like DORA in Europe and APPI in Japan, highlight the growing need for robust disaster recovery and operational resilience. Legacy database systems often require complex third-party protection solutions. As a result, they struggle to meet the ever-changing compliance demands.Yugabyte is excited to introduce xCluster Disaster Recovery (DR) for YugabyteDB Anywhere to greatly simplify the end user experience. This new offering represents the first time a distributed SQL database has natively integrated orchestrated DR capabilities into its UI

Business Wire
Apr 30th, 2024
Yugabytedb 2.21 Introduces Industry’S First Native Disaster Recovery Orchestration Solution For A Distributed Sql Database

SUNNYVALE, Calif.--(BUSINESS WIRE)--YugabyteDB, the distributed PostgreSQL database company for cloud native applications, today announced YugabyteDB 2.21 to arm organizations with advanced disaster recovery and resiliency capabilities. This release extends Yugabyte’s xCluster asynchronous replication with disaster recovery orchestration. Further innovations in this release boost data resilience by reducing friction to move existing applications to YugabyteDB, eliminating software upgrade risks, and powering predictable and resilient Kubernetes deployments.New regulations, like DORA in Europe and APPI in Japan, highlight the growing need for robust disaster recovery and operational resilience. Legacy database systems often require complex third-party protection solutions. As a result, they struggle to meet the ever-changing compliance demands.Yugabyte is excited to introduce xCluster Disaster Recovery (DR) for YugabyteDB Anywhere to greatly simplify the end user experience. This new offering represents the first time a distributed SQL database has natively integrated orchestrated DR capabilities into its UI

Business Wire
Apr 18th, 2024
Yugabyte Embraces ‘No Downtime, No Limits,’ As The Theme Of The Upcoming Distributed Sql Summit Asia

SUNNYVALE, Calif.--(BUSINESS WIRE)--Yugabyte, the leading open source distributed SQL database company, today announced the keynote theme and final schedule for the upcoming fourth annual Distributed SQL Summit (DSS) Asia. This year’s virtual summit, taking place on Wednesday, April 24, includes speakers from companies including Airwallex, Helpshift, IMDA, Navi, Airwallex, Rakuten, Singtel, Tagbangers, UL Systems, Yugabyte, and more. DSS Asia is a free event and the latest speaker schedule is available here. DSS Asia is a place for the region’s YugabyteDB community of developers, customers, partners, and industry thought leaders to discuss the challenges and opportunities of database modernization and transformation

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