Apollo makes open-source graph technology that makes app development faster and more accessible for everyone.
They are the leading open-source GraphQL implementation with 17M downloads per month and the only end-to-end cloud management solution for GraphQL.
GraphQL is an open-source data query and manipulation language for APIs, and a runtime for fulfilling queries with existing data. GraphQL was developed internally by Facebook in 2012 before being publicly released in 2015.
The $130M Series D was led by Insight Ventures, with participation from existing investors Andreessen Horowitz and Matrix Partners.
This new round values Apollo at over $1.5B.
Be on the lookout for an Apollo IPO in a couple of years 👀