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Low-Code Integration Platform Digibee Raises $25M Series A

Low-Code Integration Platform Digibee Raises $25M Series A

02/03/22, 2:00 PM
Money raised
$25 million
Industry
financial services
apps
mobile
software
Round Type
series a
Digibee, a low-code integration platform is doing what all low-code integration platforms are apparently doing right now: raising funding. The company today announced that it has raised a $25 million Series A round led by SoftBank Latin America Fund. Brazil-based Kinea and G2D Investments also participated in this round.

Company Info

Company
Digibee
Additional Info
Digibee, a low-code integration platform is doing what all low-code integration platforms are apparently doing right now: raising funding. The company today announced that it has raised a $25 million Series A round led by SoftBank Latin America Fund. A year ago, the company also launched what it calls ‘Capsules,’ that is, packs of common integrations that can be shared across organizations. The company tells me that it plans to use the new funding to support its U.S. go-to-market strategy.“Our product is solving system integration challenges much better than competitors and our multinational customers are asking us to expand our global operation. He also noted that the company plans to quickly grow its employee base across virtually all functions. The company tackles a cost line – integrations – that accounts for over 50% of software spend, enabling organizations to connect their systems to turn the digital transformation into reality,” says Rodrigo Baer, Managing Partner of early-stage investments at SoftBank Latin America Fund. “The company is building a world-class salesforce to take that solution to market, which will turn their product into a really global player.”Time-strapped IT teams can use low-code software to drive quick growth