In 2007, when Kannan Muthukkaruppan joined Facebook, now Meta, the social media giant’s operational database tier was a software called MySQL. While efficient, it had its limitations, especially for a company as large as Facebook.
It was around this time when Kannan, along with Karthik Ranganathan and Mikhail Bautin, who were the core engineering team, and creators Prashant Malik and Avinash Lakshman, built Cassandra and HBase. Today, Cassandra is one of the biggest NoSQL database management systems used by tech giants in the Valley like Netflix, Meta-owned Instagram, and Apple.
Soon, Kannan, Ranganathan, and Bautin found themselves working at Nutanix, but the essence of what they wanted to do still lay in building database solutions. This led them to start Yugabyte in 2016. It is a high-performance transactional distributed SQL database for cloud native applications.
Kanna Muthukkaruppan, Co-founder, Yugabyte
Making use of the cloud
Cloud computing is extremely powerful. Today, anyone could scale businesses from millions to billions in a matter of months. Recognising this potential, Kannan, Karthik, and Mikhail decided to take the best of both worlds and put them together.
It’s been a few years and Yugabyte has come a long way since 2016. Today, it is a high-performance transactional distributed SQL database for cloud native applications.
This idea fetched the startup about $188 million in October last year, with Meritech Capital Partners, Lightspeed Venture Partners, Sapphire Ventures, Wells Fargo Strategic Capital, 8VC, and Dell Technology Capital, participating in the round.
“We then focused on building databases that were inherently capable of running across a large set of servers, were capable of data resiliency, and replicate data across servers,” says Kannan. He adds there was a huge camp of app developers that were then familiar with MySQL that was easy to build in terms of replication of data.
Given that distributed databases are complex in nature, they have to be built keeping in mind data resiliency that can replicate data across servers.
“What if we could bring in the cloud native properties of distributed databases, but without giving up on relational database feature sets like SQL, and the support for transactions,” says Kannan.
As it is, Yugabyte is a high-performance transactional distributed SQL database for cloud native applications.
Yugabyte US Team
The Yugabyte Way
According to Kannan, databases should have the flexibility of expanding when required. Take this example: if your database was supporting 20,000 transactions per second, but six months later, you wanted to support 40,000 transactions per second, you just want to be able to add that extra capacity and let the database do its magic for you.
These ideas of scalability are not present in databases of the past, and perhaps also what sets Yugabyte apart.
“Cloud native is more of a paradigm, which means that you want your infrastructure to be highly resilient, highly elastic. It has to tolerate the failure of an entire data centre, and you still need to be able to service your users. Those are all things that the modern cloud is making possible. The modern cloud today allows you to bring new capacities at will. And you need a database that can take advantage of that elasticity,” says Kannan.
Yugabyte is vertical and sector agnostic. Most organisations begin with building complex infrastructures. They start with monolithic or single node databases like MySQL. Normally, to divert this overload onto the single node databases, organisations tend to add a caching tier that helps divert some of the workload on the primary server.
In this process, the functionality of the entire operation can get affected. This is what Yugabyte solves for, explains Kannan.
“By moving to Yugabyte, this complexity is significantly reduced. The functionality is reduced to less moving parts. If there are no caching tier databases, and multi datacenter replication and rebalancing, and sharding. If a single database can take care of all of that, for me, there’s much less complexity for the organisations for their ops teams and for the developers. It helps faster time to market at lower cost, and higher uptime,” he says.
Yugabyte India team
In it for the long haul
Bhaskar Ghosh, Partner and Chief Technology Officer (CTO) at 8VC, explains that building a database infrastructure product and business is fundamentally difficult. However, he believes that Yugabyte is the one to make it happen.
“Yugabyte is well on its way to building a disruptive and generational business as part of the journey to become the de-facto cloud data-tier for next-generation data-driven applications, as well as for legacy applications that need to be modernised for the cloud-native enterprise,” he says.
There is no doubt it is well placed to make it happen. According to news reports, the global cloud database market size is projected to touch $68 billion by 2027. The companies that work in cloud database management other than Yugabyte include MongoDB, Amazon Redshift, Oracle, DataStax Enterprise and others.
Last fiscal year (ending in Jan 2022), Yugabyte had an ARR growth of over 500 percent year-on-year. The company, while refusing to share its revenue details, states that it charges based on per core licence agreement of the server. The chargers are purely based on the licence agreement in the retail sector. Kroger in the US is one of the early adopters of Yugabyte. While the company currently operates out of the US and India, it is looking to expand operations to other markets.
