Prisma, a Berlin, Germany-based open-source ORM for Node.js and TypeScript that helps developers build faster and make fewer errors, announced that it raised a $40 million Series B funding round to build the Application Data Platform for development teams and organizations.
The round was led by Altimeter, with participation from existing major investors Amplify Partners and Kleiner Perkins.
This funding will also allow us to continue to significantly invest in the development of the open-source ORM to add new features and make the developer experience even better.
Company: Prisma
Raised: $40.0M
Round: Series B
Funding Month: May 2022
Lead Investors: Altimeter
Additional Investors: Amplify Partners, and Kleiner Perkins
Company Website: https://www.prisma.io/
Software Category: Database Management Software
About the Company: Prisma is an open-source ORM for Node.js and TypeScript that helps developers build faster and make fewer errors. Prisma supports JavaScript & TypeScript, and supported databases include PostgreSQL, MySQL, MariaDB, SQL Server, SQLite, and more recently, MongoDB. Prisma is a server-side library that helps your app read and write data to the database in an intuitive and safe way.
Source: https://www.prisma.io/blog/series-b-announcement-v8t12ksi6x