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Yugabyte raises $48M for open source SQL database alternative

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Yugabyte, provider of an open source SQL database based on a document database architecture, today announced it has garnered an additional $48 million funding.

The funding will be employed to advance the development and adoption of a database that is compatible with the application programming interfaces (APIs) employed to build and deploy applications on the open source Cassandra database, Yugabyte CTO Karthik Ranganathan said. The query layer provided in the YCQL query layer is compatible with the semi-relational API used in the open source Cassandra database.

At the same time, Yugabyte employs a front end based