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Image Credit: Siliconangle

Supabase reels in $200M for its open-source relational database

  • Supabase, an open-source relational database developer, has raised $200 million in funding at a $2 billion valuation.
  • The round included participation from Accel, Coatue, Y Combinator, Craft Ventures, and Felicis, along with several angel investors.
  • Supabase's platform offers an alternative to Google's Firebase database, claiming to be faster and easier to set up.
  • The company has seen rapid growth, with a user base of over 2 million developers and more than 3.5 million database environments.

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