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Pipedream Lands $20M To Connect Disparate Apps

May 17, 2022•about 3 years ago

Amount Raised

$20 Million

Artificial IntelligenceScience And EngineeringData And AnalyticsSoftware

Description

Software integrations can be challenging. While serverless functions-as-a-service (FaaS) products like AWS Lambda, Google Cloud Functions, and CloudFlare Workers can help ease the complexity, they aren’t always the right fit for developers looking to deploy and run integrations with other software apps. Just ask the team at BrightRoll, the programmatic video advertising platform acquired by Yahoo! (full disclosure: TechCrunch’s parent company) in 2014, which ran 176 unique data pipelines to manage various app integrations.

Company Information

Company

Pipedream

About

Sacerdoti claims that the company has over 100 enterprise customers including Checkr and Scale AI and sees more than 600 developers sign up every day. Frustrated by the process, Tod Sacerdoti, who co-founded BrightRoll before before a stint at Flux Capital as an investor, teamed up with seven former BrightRoll employees in product and engineering roles to found Pipedream, an integration platform for building workflows and connecting cloud services. For example, Sacerdoti says that many customers use Pipedream to interact with existing AI platforms, building integrations to leverage AI models such as OpenAI’s GPT-3 or a cloud service AI product from Google, Microsoft, or AWS. Pipedream has a number of competitors in the workflow automation space, chiefly Zappier and the aforementioned FaaS products. Founded in 2019, Pipedream is akin to workflow automation platforms like Zapier, Integromat, Workato, and Mulesoft — albeit more developer-focused.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech