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Supabasepaul_copplestoneAnnouncement
Supabase Series F
Summary
Supabase has raised a $500M Series F at a $10B pre-money valuation, led by GIC. Existing investors participated, Stripe invested again, and Georgian and Salesforce Ventures joined as new investors; the funding will accelerate open-source and Postgres tooling, support growth, and provide employee liquidity. Supabase is also releasing Multigres v0.1 alpha, an open-source, self-hostable scalable operating system for Postgres designed to provide high availability and operational simplicity; a future release is intended to add Vitess-grade horizontal scaling. The alpha is ready to try but not production-ready, with production-readiness expected in a few months. Over the past year, database launches grew 600%, more than 60% of new databases came from AI tools, and nearly 10 million developers built on Supabase.
Context
Supabase says Postgres is hard to run at scale, including challenges involving bloat, connection pooling, and high availability. The company is also managing infrastructure at growing scale, with database launches up 600% over the past year, and is providing employees liquidity through stock sales.
Approach / What changed
The funding will support open-source and Postgres tooling, platform performance and reliability, customer support, autonomous database tooling, and employee liquidity. Supabase is releasing Multigres v0.1 alpha as an open-source, self-hostable operating system for Postgres, alongside work on OrioleDB; Multigres is intended to add Vitess-grade horizontal scaling in a future release.
Takeaways
Multigres v0.1 alpha is open source and self-hostable, with high availability and operational simplicity as its stated goals.
The alpha is ready for experimentation but is not production-ready; Supabase says it expects to reach production readiness in a few months.
More than 60% of new Supabase databases are launched by some sort of AI tool, while nearly 10 million developers build on the platform.
Source and freshness
- Source
- supabase.com
- Published
- Added to Yomu
- Last updated
Summaries are generated from the original by a language model. Check the original before relying on it.
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