Lightbend, a San Francisco, CA-based provider of a reactive application development platform for building distributed applications, closed a $15m funding round.
Backers included Bain Capital Ventures, Blue Cloud Ventures, IBM, Intel Capital, Juniper Ventures and Shasta Ventures.
Led by Mark Brewer, President and CEO, Lightbend provides the Reactive application development platform for building distributed applications using microservices and fast data on a message-driven runtime.
The platform is powered by an open source core and brings developers important capabilities across reactive programming, data streaming and microservices. IBM will integrate these capabilities across its cloud platform and portfolio of cloud services, including data analytics, cognitive and machine learning, and collaborative data science tools, which will be designed to extend new capabilities to Java and Scala communities.
Enterprises including Credit Karma, Hootsuite, iHeartRadio, LinkedIn, Norwegian Cruise Lines, UniCredit Group, Verizon, Walmart, Weight Watchers, William Hill, etc., have adopted the Lightbend Reactive platform to build low latency, fast data applications based on modern microservice architectures.