Lightbend, a San Francisco, CA-creator of a cloud-native Reactive Architecture platform called Akka, closed a $25m financing round.
The round was led by Dell Technologies Capital with participation from previous investors Bain Capital Ventures, Blue Cloud Ventures, Greylock Partners, IBM, Intel, Juniper Networks, and Shasta Ventures also participated. Tyler Jewell, a Managing Director at Dell Technologies Capital, joins the Lightbend board of directors.
The company, which has raised more than $85 million in funding to date, intends to use the funds to continue to expand operations and its business reach.
Led by Jonas Bonér and Mark Brewer, CEO, Lightbend provides a cloud-native application platform for developers to meet the demand for applications that optimize resource consumption and scale dynamically by leveraging Kubernetes, microservices, and containers.
The company provides scalable, high-performance microservices frameworks and streaming engines for building data-centric systems that are optimized to run on cloud-native infrastructure like Red Hat OpenShift.
Akka is used by more than one million developers at companies such as Capital One, Fortnite, LinkedIn, PayPal and Verizon. Lightbend is also the company behind OSS application frameworks Play and Lagom, streaming data pipelines framework Cloudflow, the next-generation serverless project Cloudstate and the Scala programming language.
The company also maintains offices in New York, Atlanta, Quebec, Switzerland, and Sweden.
FinSMEs
09/03/2020