Unqork Raises $51M; Closes $131M Series B Funding Round

Unqork

Unqork, a NYC-based no-code application platform for the enterprise, closed additional $51m in Series B funding round.

Backers included existing investor Goldman Sachs, new investors Aquiline Technology Growth and World Innovation Lab (WiL).

The funding closes a larger $131m Series B led by CapitalG, the growth equity investment fund of Google parent company Alphabet.

The company intends to use the funds to grow sales and marketing teams across the U.S. and around the world invest further in its engineering team, continue to roll out partnerships large services firms and systems integrators including Cognizant, Deloitte, EY, KPMG, and Virtusa, and expand its community by hosting large-scale events, including No-code on Tour and Unqork Live, its first-ever user conference, on May 6th 2020 in New York City.

Led by Gary Hoberman, Founder and CEO, Unqork provides a no-code application platform that allows large enterprises to build, deploy, and manage complex applications. Since launching in mid-2017, the company has served enterprises including Liberty Mutual, John Hancock and Manulife. Recent customer engagements include HSBC, Pacific Life, and Maimonides Medical Center.

FinSMEs

26/02/2020

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