All posts tagged:

Modular app-building platform raises 0 million Series D funding

Modular app-building platform raises $250 million Series D funding

[ad_1] It was only recently that we reported had signed a strategic collaboration with and undisclosed investment from Microsoft. Builder’s “Natasha” AI will be shortly available to users of Teams. But it appears the startup is on a something of a roll. It’s now announced a $250 million Series D funding led by the Qatar Investment Authority (QIA). The Series D round included participation from additional existing and new investors including Iconiq Capital, Jungle Ventures & Insight Partners. That means has now raised over $450 million in total and it claims 2.3x revenue growth. The company says it’s now going to focus on employing human conversation to allow people to build apps on its platform rather than the “expert-laden white-canvas systems” that are typical of the no-code/low-code space. The company now has offices in the UK, USA, the UAE, Singapore, and France.  Founder and CEO Sachin Dev Duggal said in a statement: “We are entering an incredible time in history where the very notion of software is changing; from something that had a …