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Deno Raises $21M To Launch A Fully Managed Runtime Service

PRIVATEJun 21, 2022almost 4 years ago

Amount Raised

$21 Million

Description

Deno, the development company behind the eponymous Deno runtime, today announced that it closed a $21 million Series A round led by Sequoia that brings its total raised to $26 million. According to CEO Ryan Dahl, the new cash will be put toward building out Deno’s commercial offering, Deno Deploy, while growing marketing operationd and exploring new lines of business.

Company Information

Company

Deno

About

Deno the company contributes to Deno the open source project, which already has tens of thousands of weekly active users on GitHub. The company currently has 17 employees, and plans to hire 10 more by next year. Deno is a runtime for JavaScript, TypeScript, and WebAssembly based on the Rust programming language and the V8 JavaScript engine initially developed for Google Chrome and Chromium web browsers. Deno is also a member of an initiative between Node.js and Cloudflare to allow the transfer of apps between Cloudflare Workers, Deno, and Node.js without the need for a rewrite, a feat that’s presently beyond reach.“There’s a huge amount of economic pressure to improve the infrastructure around the web — whether that’s browsers themselves or the servers that host websites or the databases,” Dahl said.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies.

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