Ably, a London, UK-based data streaming platform, raised $7m in Series A funding.
The round was led by MMC Ventures, with participation from Forward Partners.
The company intends to use the funds to scale operations and its business reach and expand investment in the platform to build more features.
Co-founded in 2013 by Matthew O’Riordan and Dr Paddy Byers, Ably provides the software and infrastructure required to power the daily digital experiences such as instant messaging, transit updates, and live scores, which take significant background engineering complexity to deliver, especially at scale.
Customers include HubSpot, Lightspeed Systems, MobyMax, BlueJeans, Tennis Australia, etc.