Lightbend Closes $20M Series C Funding

lightbendLightbend (formerly known as Typesafe), a San Francisco, CA-based provider of a production-grade JVM runtime and toolset for building reactive systems, closed a $20m Series C funding.

The round was led by Intel Capital with participation from new investor Blue Cloud Ventures and previous investors Bain Capital Ventures, Polytech Ecosystem Ventures and Shasta Ventures. In conjunction with the funding, Vibhor Rastogi, Director for Enterprise Software at Intel Capital, will join Lightbend’s board of directors.

The company will use the funds to continue to expand operations.

Led by Mark Brewer, CEO, and Jonas Bonér, founder and CTO, Lightbend provides developers with a platform that features the Java Virtual Machine (JVM) and JVM-languages like Java and Scala to create message-driven applications on multicore and cloud computing architectures by using technologies like Lagom, Play Framework, Akka, Apache Spark, Scala, and Java.
The company, which partners with Databricks, IBM, and Mesosphere, serves enterprises including Walmart, Verizon, iHeartRadio, William Hill, and Samsung (see case studies), which have adopted the Lightbend Reactive Platform to build low latency, fast data applications based on modern microservice architectures.



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