Apollo GraphQL announced that it has raised $130 million in Series D funding; led by Insight Ventures with participation from existing investors Andreessen Horowitz and Matrix Partners. The round closes with the company valued at $1.5 billion.
GraphQL is a query language for APIs and a runtime for your data queries, developed by Facebook and open sourced in 2015.GraphQL provides a complete set of easy-to-understand descriptions of the data in your APIs, allowing the client to get exactly the data it needs without any redundancy, and making it easier for APIs to evolve over time. It also makes it easier for APIs to evolve over time, and can be used to build powerful developer tools.
According to the introduction, Apollo Graph’s “Data Graph Platform” was founded in 2011; it is based on the GraphQL query language, which application developers use to build “data graphs” on top of existing application interfaces to speed development and response time. Apollo is positioning GraphQL as a core component of a new technology stack that enterprises are building to unify data and services. It essentially creates a virtual view that can be queried with a single statement. Developers can also get a single view of data types, services and usage patterns.
The announcement states that after the completion of this round of financing, the company will be committed to.
- Building open source software for the GraphQL community: including improvements to current products such as Apollo Client and Federation, as well as investing in developer education and new projects. “We are excited to work with the community on ideas that have not yet been explored to move the graph ecosystem forward.”
- Expanding Apollo Federation to more languages : The company is working with GraphQL server maintainers to add best-in-class support for more languages, such as Java and Ruby.
- And expanding the team .