ToolJet Raises Funding

ToolJet

ToolJet, a San Francisco, CA-based provider of an open-source low-code platform for developers, raised an undisclosed amount of funding.

The round saw participation form M12, Microsoft’s venture fund, and GitHub via the M12 GitHub Fund.

The company intends to use the funds to accelerate its next stage of growth, and to enhance its team across various domains.

Led by CEO Navaneeth Padanna Kalathil, ToolJet is an open-source low-code platform for developers across Fortune 500 companies, scaleups, and startups worldwide. By harnessing AI, ToolJet aims to enhance its platform’s intelligence, enabling developers to leverage advanced algorithms and automation to streamline their development workflows further by integrating JavaScript-based plugins, enabling endless possibilities for customization and extensibility.

The solution is popular among developers, with close to 20,000 stars and 350 contributors on GitHub.

FinSMEs

17/07/2023