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April 25, 2024
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London-based Webiny that builds serverless solutions in minutes picks £2.5M

London-based Webiny is an open-source platform providing developer tools, libraries, ready-made apps and processes created for serverless development. In a recent development, the company has raised €2.9 million (nearly £2.5 million) in a seed funding round led by Microsoft’s venture arm M12 alongside participation from Samsung Next, Cota Capital, Episode 1 and YCombinator.

The company will use the fund to develop its platforms further, and improve their documentation and developer experience. Currently, the company has nine employees and is in plans to add about six more to its team in 2021.

Sven Al Hamad, CEO and co-founder, commented in a recent statement: “None of this would have been possible without a team that truly believes in our mission supported by our existing investors and advisors. It’s a combination of many great things that came together at the right point in time, fueled by the amazing support and feedback coming from our amazing community.”

Serverless CMS platform

Webiny was initially founded in 2019 as a serverless content management system. However, as users and customers began requesting to use its serverless platform for purposes such as building full-stack applications, scalable and performant APIs and fully control the security aspects, it became a platform meant to help companies adopt serverless within their organisations.

From the feedback they received from hundreds of organisations that tried out the platform, it was split into two products. One is the serverless CMS and the other is a new serverless application framework focusing on building full-stack apps and GraphQL APIs.

Webiny’s serverless application framework provides developers with a performant and ready-made architecture running on fault-tolerant serverless infrastructure. It is designed to handle millions of users on its platform. Previously, to reach this level of performance, scalability and redundancy, organisations had to have entire teams of experts to build and manage such a solution. Now, these capabilities are available in minutes.

The post London-based Webiny that builds serverless solutions in minutes picks £2.5M appeared first on UKTN (UK Tech News).

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