Appsmith, a San Francisco, CA-based open-source low code software program for builders to construct inner instruments, raised $41m in Sequence B funding.
The spherical, which introduced complete funding to $51.5m, was led by Perception Companions, with participation from Accel, Canaan, OSS Capital, and angel buyers together with Jeff Hammerbacher, co-founder of Cloudera, and Abhinav Asthana, co-founder of Postman.
The corporate intends to make use of the funds to proceed constructing out its open supply software program whereas delivering help companies in addition to a paid model of the software program with further safety features wanted by enterprises.
Led by Abhishek Nayak, co-founder and CEO, Appsmith supplies open-source low code software program that helps builders construct inner and CRUD (create, learn, replace and delete) kind purposes inside hours. Software program engineers construct the consumer interface with pre-built parts, code the enterprise logic by connecting utility programming interfaces (APIs) together with any database, then check and deploy an internet utility the place customers are authenticated utilizing a dashboard.
Since being launched lower than two years in the past, the open supply software program has greater than 10 million downloads, and is used at over 10,000 organizations.
Final yr, the corporate launched greater than 150 enhancements, together with main options like JS Editor, model management, and 30-plus new widgets and variations. In complete, 184 options had been launched. Appsmith additionally now has greater than 18,000 group members with 192 contributors.