Ably, a London, UK-based provider of a platform that powers synchronized digital experiences in realtime, closed a $70m Series B funding.
The round was co-led by Insight Partners and Dawn Capital with participation from existing investors Triple Point, Digital Horizon, Forward Partners, and MMC.
The company intends to use the funds to accelerate:
- growth, adding a further 125 hires to strengthen its core UK team and growing its US presence over the next 15 months, and
- continued platform innovation.
Led by Matthew O’Riordan, CEO and Co-founder, Ably provides a platform that powers synchronized digital experiences in realtime for distributed applications, devices, and hybrid cloud environments. The company currently reaches 250 million devices per month and serves 500 customers across 80 countries including Bloomberg, HubSpot, Hopin, Verizon and Tennis Australia, among others.
Ably currently employs 65 people.
FinSMEs
30/06/2021