Crowdbotics, a platform that helps developers build applications from modular code, has raised $40 million in Series B funding.
The round was led by RRE Ventures, with participation from Radian Capital and 8VC. This brings the company’s total funding to $73 million.
Crowdbotics’ platform lets developers assemble applications from pre-built, tested, and reusable components. This speeds up the development process and helps ensure that applications are of high quality.
The company says that its platform is used by developers at companies of all sizes, including Microsoft, That’s why the Crowdbotics team decided to focus on helping enterprises with their digital transformation efforts.
The funding will be used to expand the company’s sales and marketing efforts, as well as to invest in research and development.
“We’re at an inflection point in the software development industry where enterprises are starting to fully appreciate the value of modular code,” said Crowdbotics CEO and co-founder Sanjay Dastur.
“Our platform enables them to move faster and respond to market changes with agility, without sacrificing quality or security. This new round of funding will help us accelerate our growth so that we can help even more enterprises embrace digital transformation.” Crowdbotics raises $40M to help devs build apps from modular code
Crowdbotics, a San Francisco-based startup that helps developers build and scale applications from modular code, has raised $40 million in a Series B funding round.
The round was led by Stride.VC, with participation from previous backers Accel Partners and Y Combinator. This brings the company’s total funding to $64 million since it was founded in 2013.
The funding will be used to further develop the Crowdbotics platform, which provides a managed workflow for building and scaling apps from pre-built code modules.
The company says its platform is used by developers of all levels of experience, from those who are just starting out to those who build and manage complex applications.
Crowdbotics says its platform offers a number of advantages over traditional development approaches, including faster development times, lower costs, and reduced risk.
The company also says its platform is well-suited to the needs of the modern enterprise, which is increasingly reliant on digital applications and services.
In a blog post announcing the funding, Crowdbotics CEO and co-founder Sanjay Kumaran said the company’s goal is to make it easier for developers to build and deploy digital applications.
“We want to make it so easy to build and deploy digital applications that anyone can do it,” Kumaran said. “Our mission is to make sure that the code that power’s today’s digital world is accessible to everyone.”