Revert "Revert "Merge pull request #8212 from supabase/blog/series-b""
This reverts commit 545f5c61ae.
No files matched your search
@@ -0,0 +1,181 @@
|
||||
---
|
||||
title: 'Supabase Series B'
|
||||
description: Supabase just raised $80M, bringing our total funding to $116M.
|
||||
author: paul_copplestone
|
||||
image: series-b/supabase-series-b.png
|
||||
thumb: series-b/supabase-series-b.png
|
||||
tags:
|
||||
- supabase
|
||||
date: '2022-08-10'
|
||||
toc_depth: 3
|
||||
---
|
||||
|
||||
Supabase raised $80M in May, bringing our total funding to $116M. This round was around one year after our Series A, and we figured we'd revisit the plans
|
||||
we outlined in our [Series A blog post](https://supabase.com/blog/supabase-series-a) and hold ourselves accountable to some of the promises we made.
|
||||
|
||||
## Where we've been
|
||||
|
||||
We shared a few metrics in our Series A post. Since then we've grown a lot.
|
||||
|
||||
### Database growth
|
||||
|
||||
At Series A we had launched over 50,000 PostgreSQL databases (only on our hosted platform).
|
||||
|
||||

|
||||
|
||||
Since then, we've grown to over 150,000 PostgreSQL databases.
|
||||
|
||||

|
||||
|
||||
### **Developer Signups**
|
||||
|
||||
At Series A we had 40,000 developers.
|
||||
|
||||

|
||||
|
||||
Today we have more than 110,000 developers.
|
||||
|
||||

|
||||
|
||||
### Community
|
||||
|
||||
We've seen a lot of growth in our community:
|
||||
|
||||
- Discord: 4000 → 8000
|
||||
- Twitter: 18,000 → 37,000
|
||||
- GitHub Stars: 19,000 → 36,000
|
||||
|
||||
[Supabase vs React](https://star-history.com/#supabase/supabase&facebook/react&Timeline) (GitHub stars) - it's early days but we're doing well for a database company.
|
||||
|
||||

|
||||
|
||||
## About the round
|
||||
|
||||
Our Series B is lead by [Felicis](https://www.felicis.com/), an amazing team of people who support about the long-term approach we're taking to build an open source business.
|
||||
|
||||
<Quote img="aydin.jpeg" caption="Aydin Senkut, Founder and Managing Partner of Felicis.">
|
||||
<p>
|
||||
We are super excited to be investing in Supabase and partner with the team on their next phase
|
||||
of growth.
|
||||
</p>
|
||||
<p>
|
||||
Supabase's team is made up of 15% former founders and 70% developers, and they deeply understand
|
||||
the pain points that developers overcome to rapidly develop products. Supabase truly enables
|
||||
developers to build their applications without repeating the same tedious tasks and manage their
|
||||
application's database, authentication, storage, and edge functions.
|
||||
</p>
|
||||
</Quote>
|
||||
|
||||
Joining the round are Coatue (who also lead our Series A & Seed round), [Lightspeed](https://lsvp.com/), and [Square Peg Capital](https://www.squarepegcap.com/).
|
||||
|
||||
## Giving back
|
||||
|
||||
Supabase is a collaborative company. We aim to support existing open source tools before developing anything ourselves.
|
||||
When we do develop ourselves, we try to include our community as maintainers in a variety of ways. We've been experimenting
|
||||
with several models to support the open source ecosystem.
|
||||
|
||||
<iframe
|
||||
className="video-with-border w-full"
|
||||
width="640"
|
||||
height="385"
|
||||
src="https://www.youtube-nocookie.com/embed/k03mZzoAhkg"
|
||||
frameBorder="1"
|
||||
allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture"
|
||||
allowFullScreen
|
||||
></iframe>
|
||||
|
||||
<small>
|
||||
<i>
|
||||
Founder Chat: Paul Copplestone and Ant Wilson discuss the several ways we give back to the
|
||||
community, and what Open Source means for Supabase.
|
||||
</i>
|
||||
</small>
|
||||
|
||||
### Open collective
|
||||
|
||||
To date, we've [paid over $80,000](https://opencollective.com/supabase#category-BUDGET) to contributors and maintainers through our open collective.
|
||||
This is for everything from maintaining our libraries to moderating our Discord.
|
||||
|
||||
We've had some amazing open source stories like [Isaiah](https://github.com/Isaiah-Hamilton), a 15-year old who started contributing after his school day.
|
||||
Or [Olyno](https://github.com/Olyno), who created a Supabase Discord on their own initiative and is now an official moderator.
|
||||
Or [Zernonia](https://github.com/zernonia/), who created [madewithsupabase.com](https://www.madewithsupabase.com/) which is now central to every Supabase Hackathon.
|
||||
|
||||
### PostgREST
|
||||
|
||||
[PostgREST](https://postgrest.org) is a tool we use to automatically generate RESTful APIs from your Postgres schema. As well as being a gold sponsor,
|
||||
Supabase hired [Steve](https://github.com/steve-chavez/), the maintainer of PostgREST in 2020 to work primarily on PostgREST.
|
||||
This model has been surprisingly successful and we hope that more companies will consider this approach for supporting open source projects.
|
||||
|
||||
### Elixir Type support
|
||||
|
||||
Elixir is a functional programming language that enables huge horizontal scalability. We use it at Supabase for our Realtime
|
||||
engine and our logging infrastructure. Recently [announced by José](https://twitter.com/josevalim/status/1535008937640181760?s=20&t=BLqeO2YpdhYfCZxgsmlNug) at ElixirConf EU,
|
||||
the Elixir team is investigating a type system. Supabase is sponsoring this research and development.
|
||||
|
||||
### Deno
|
||||
|
||||
[Functions](https://supabase.com/edge-functions) was one of the most demanded features of Supabase, and we explored a huge number of options before settling on Deno.
|
||||
Deno checked all the boxes - most important for us was their approach to open source. Both Supabase and Netlify now support Deno Edge Functions,
|
||||
and we hope that our backing will help convince others to adopt the Deno runtime too.
|
||||
|
||||
### Database encryption
|
||||
|
||||
A teaser for next week's [Launch Week](https://supabase.com/launch-week) - a few months ago we hired [Michel](https://github.com/michelp),
|
||||
the maintainer of [pgsodium](https://github.com/michelp/pgsodium), to re-think what a modern database encryption system and
|
||||
database secrets management would look like. Since then he has released two major versions of
|
||||
pgsodium: [2.0](https://www.postgresql.org/about/news/pgsodium-200-modern-cryptography-for-postgresql-2389/)
|
||||
and [3.0](https://github.com/michelp/pgsodium/releases/tag/v3.0.0) to
|
||||
support [Transparent Column Encryption](https://github.com/michelp/pgsodium#transparent-column-encryption).
|
||||
|
||||
## Where we're going
|
||||
|
||||
In our Series A post, we outlined our plans for Supabase [in three phases](https://supabase.com/blog/2021/10/28/supabase-series-a#building-supabase):
|
||||
|
||||
- Phase 1: [Start with scalability](https://supabase.com/blog/supabase-series-a#phase-1-start-with-scalability)
|
||||
- Phase 2: [Postgres Tooling](https://supabase.com/blog/supabase-series-a#phase-2-postgres-tooling)
|
||||
- Phase 3: [Cloud-native PostgreSQL](https://supabase.com/blog/supabase-series-a#phase-3-cloud-native-postgresql)
|
||||
|
||||
We're now moving into Phase 3, with the same goals that we outlined in 2021:
|
||||
|
||||
- **Branching:** <br />
|
||||
Developers should be able to "fork" a database at any point. This is particularly important for Jamstack developers who run deployments for every Git branch.
|
||||
- **Scalable storage:** <br />
|
||||
Storage should grow and shrink without the user needing to provision more space themselves.
|
||||
- **Distributed:** <br />
|
||||
An entire fleet of databases, distributed around the world, should feel like a single database (and even better if all nodes can accept read/write workloads).
|
||||
- **Ephemeral compute:** <br />
|
||||
Developers don't want to be charged for a database which isn't doing anything. Likewise - if they are running huge computation then the database should scale up seamlessly, and scale down to zero when it's unused.
|
||||
- **Snapshots and time-travel:** <br />
|
||||
Developers should be able to roll back to any point in time, or take a copy of their database with just a click of a button.
|
||||
|
||||
We have a lot of work ahead of us, but we're excited to announce one of the ways that we're supporting the community is through our investment into OrioleDb.
|
||||
|
||||
OrioleDb is a [PostgreSQL extension](https://github.com/orioledb/orioledb) which solves a lot
|
||||
of [“wicked” problems](https://www.socallinuxexpo.org/sites/default/files/presentations/solving-postgres-wicked-problems.pdf) with Postgres.
|
||||
|
||||
While it _currently_ requires some modifications to the Postgres core (about 1000 lines), the goal is to upstream the requisite core code so
|
||||
that _anyone_ can build a Storage extension like OrioleDb. Giving developers low-level access to the underlying storage capabilities of
|
||||
Postgres will unlock a slew of new capabilities in Postgres.
|
||||
You can read more about OrioleDb's plans for Snapshots and Branching [in their wiki](https://github.com/orioledb/orioledb/wiki/Database-branching).
|
||||
|
||||
Supabase has invested $500K into Oriole to support their efforts, and we've hired a developer at Supabase to work full-time on OrioleDb, with more to come.
|
||||
[Apply here](https://boards.greenhouse.io/supabase/jobs/4307456004) if you're interested in working on Postgres full time.
|
||||
|
||||
<div className="bg-gray-300 rounded-lg p-6 italic">
|
||||
Note: we are not running Oriole on the Supabase platform. Our promise to you is “no vendor-lockin”, and therefore we will never run a fork of Postgres.
|
||||
In the future, if all of the Oriole core changes are up-streamed, then we might offer it on the platform.
|
||||
|
||||
If you want to try out Oriole today, you can switch the Postgres docker image to Oriole in the [self-hosted setup](https://github.com/supabase/supabase/blob/ec6085b8f852a903f2f45e715add1377cf89d850/docker/docker-compose.yml#L159).
|
||||
|
||||
</div>
|
||||
|
||||
## Join us
|
||||
|
||||
Achieving the goals we've outlined above will be a long journey requiring collaboration from many companies besides Supabase.
|
||||
|
||||
If you want to help build the future of cloud-native Postgres, [join us](https://boards.greenhouse.io/supabase/jobs/4307456004) at Supabase.
|
||||
If you're already working towards the same goals, reach out and let's do it together.
|
||||
|
||||
## By the way
|
||||
|
||||
Next week is Launch Week, where we will launch one new feature every day for a week. If you want to follow along check out [supabase.com/launch-week](https://supabase.com/launch-week).
|
||||
|
After Width: | Height: | Size: 116 KiB |
|
After Width: | Height: | Size: 82 KiB |
|
After Width: | Height: | Size: 90 KiB |
|
After Width: | Height: | Size: 85 KiB |
|
After Width: | Height: | Size: 88 KiB |
|
After Width: | Height: | Size: 92 KiB |
|
After Width: | Height: | Size: 26 KiB |