Ably Announces $70 Million Series B Funding From Insight Partners And Dawn Capital
06/30/21, 7:07 AM
Location
london
Money raised
$70 million
Round Type
series b
Ably, the platform that powers synchronized digital experiences in realtime, today announced it has closed a $70 million Series B funding round co-led by Insight Partners and Dawn Capital LLP. Existing investors Triple Point, Digital Horizon, Forward Partners, and MMC, also participated in this new funding round. The funding will support and accelerate Ably’s growth and continued platform innovation to provide organizations with a comprehensive solution to offload the growing complexity of realtime data synchronization at scale for distributed applications, devices, and hybrid cloud environments. Ably currently reaches 250 million devices per month and serves 500 customers across 80 countries.
Company Info
Location
london, ontario, canada
Additional Info
Our everyday digital experiences are in the midst of a realtime revolution. Whether attending an event in a virtual venue, receiving realtime financial information, or monitoring live car performance data – consumers simply expect realtime digital experiences as standard. As a result, synchronized data in realtime is business critical for many organizations. But building homegrown realtime synchronization capabilities is complex and costly. Ably simplifies this.
Ably is the platform to power synchronized digital experiences in realtime. We provide a suite of APIs to build, extend, and deliver powerful event-driven applications. Organizations such as Bloomberg, HubSpot, Hopin, Verizon and Tennis Australia depend on Ably to offload the growing complexity of business critical realtime data synchronization so they can grow revenue and market share.
In the same way that content delivery networks simplify and underpin large parts of the internet, Ably is the invisible platform and infrastructure layer powering the realtime revolution on a global scale. As the de facto platform for developers at organizations of all sizes, Ably is on track to reach one billion devices per month by 2023.
For further information please visit www.ably.com.