Tray.io, a San Francisco, CA-based low-code automation and integration company, raised $40M in funding.
New investor Canada Pension Plan Investment Board (CPP Investments) joined current investors True Ventures, GGV Capital, Spark Capital, Meritech Capital Partners and Stepstone Group in extending Tray.io’s $50m Series C funding round.
The company intends to use the funds to accelerate its product development and go-to-market initiatives.
Led by CEO Rich Waldron, Tray.io is a low-code automation platform that can turn business processes into repeatable and scalable workflows that evolve whenever business needs change. The platform empowers both non-technical and technical users to create workflow automations that streamline data movement and actions across multiple applications. It makes it simple to build integrations using any API and connect enterprise applications at scale without incremental costs.
FinSMEs
27/09/2022