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

Feb 03, 2022over 3 years ago

Amount Raised

$25 Million

Round Type

series a

Financial ServicesAppsMobileSoftware

Description

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 Information

Company

Digibee

About

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

Funding Insights

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