Minute Lab Raises $1.75M in First Funding Round

minutelabMinute Lab, a Tel Aviv, Israel-based provider of a software development platform, raised $1.75M in its first funding round.

Glilot Capital Partners made the investment.

The company intends to use the funds to improve its existing product and expand sales.

Founded by CEO Rami Shalom and Moshe & Daphna Litvin, Minute Lab offers a containers-based virtual labs for developers to enable agile development by making interactive and automated code development in a live environment. Over the past 12 months, the company has built an alpha release of its product, enabling individual developers to setup their own labs locally or remotely on co-tenant servers.
Minute Lab will offer its virtual lab solution as a service for a variety of team sizes and projects (for free for individual developers and open source projects).

FinSMEs

17/05/2016

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