Ariga co-founders (company pic by Avi Haimovitch)
Ariga, an Israeli startup that offers a platform for database schema management, raised $18 million in funding led by Tiger Global and TLV Partners. And at the same time Accelerator program Fusion closed its $20 million fund backed by Insight Partners along with 70 serial entrepreneurs and venture capitalists from Israel and the U.S.
Founded in 2017 by Guy Katsovich and Yair Vardi, Fusion holds a twice a year a 10-week intensive boot camp in Tel Aviv, Silicon Valley, New York and Los Angeles. The firm says it looks to work with Israel-led, pre-seed start-ups from all industries that want to grow their company in the U.S. market. Fusion invests in first-time teams that operate in non-traditional markets, and help them find their first customers, hires and investors.
“At a time when investments in Israel have declined by 75% compared to last year, we believe it’s a great time to continue investing in Israeli companies and take risks where other angels and venture capital firms may hesitate or stall,” said Guy Katsovich, Co-founder at Fusion. “In the last five years, we’ve been one of the most active ‘under the radar’ investors, and invested in over 100 companies. We plan to continue at the same pace, as opposed to the trend we’ve seen in the last few years: Raising (too) large funds and deploying the capital (too) quickly.”
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Founded by CEO Ariel Mashraki and CTO Rotem Tamir in 2021, Ariga says the core insight of the DevOps movement is that “quality and velocity are not opposites. On the contrary, the only proven way to achieve high quality is to move fast, very fast.” Ariga provides software engineering teams with the fastest and safest way to manage database schema changes. Ariga was founded by the people behind Ent, a Linux Foundation-backed project that is loved by software engineers in companies of all sizes and shapes. Ent is an entity framework for Go that provides application developers with robust, privacy-aware APIs for working with their data.
“Making database changes part of the DevOps flow was a revolution for application development. But we’ve come a long way in the last 10 years, and database schema management needs to catch up; manual planning and verification does not cut it anymore,” said Ariga CEO Ariel Mashraki.
“Atlas, our popular open-source project, brings the ‘Schema as Code’ approach to life. It lets you define the desired schema of your database, or it can infer it from your code,” he added. “You only define the ‘what’, Atlas takes care of the ‘how.’ Changes are verified during your team’s existing CI/CD pipeline and safely deployed to production.”
He was talking about Ariga’s main offering Atlas, an open-source tool the company says helps developers define and manage their database schemas using modern DevOps principles.
