Appsmith, a San Francisco CA and Bengaluru, India-based company focused on open source low code software helping developers build internal tools, raised $8M in Series A funding.
The round was led by Canaan Partners, with participation from Accel Partners, Bessemer Venture Partners, OSS Capital and angel investor Prasanna Sankar and Rippling. It follows an earlier seed round from Accel of $2.5m, bringing the total funding to $10.5m.
The company intends to use the funds to accelerate growth and expand operations.
Led by Abhishek Nayak, CEO, Appsmith provides open-source low code software that helps developers build custom internal and CRUD (create, read, update, and delete) type applications quickly. The company was founded in mid-2019 and its open source software has been downloaded over 5 million times with users at over 1,000 enterprises in 100-plus countries.
FinSMEs
05/10/2021