Lightbend raises $20M in Series C

What does Lightbend do?

Lightbend, is the company which helps developers build reactive applications on the JVM. This is the company which is behind the Reactive Platform that includes Play, Akka and Lagom Frameworks and the Scala programming language. With this company’s platform, developers can create message driven apps which scale on cloud computing and multicore architectures by using projects such as Scala, Lagom, Akka, Apache Spark, Play Framework and Java.The company partners with tech pioneers such as Bain Capital Ventures,Databricks, Mesosphere and IBM. This company is backed by Juniper Networks, Shasta Ventures and Greylock Partners.

How much Lightbend was funded?

The company raised $20M in Series C on May 26, 2016 from Bain Capital Ventures, Intel Capital, Polytech Ecosystem Venture, Shasta Ventures and Blue Cloud Ventures.

Previous funding

• $3M in Series A on May 12, 2011 from Greylock Partners
• $14M in Series B on August 22, 2012 from Shasta Ventures, Greylock Partners, Juniper Networks, Polytech Ventures and François Stieger. Lightbend has a new investor Intel Capital and as a result of the latest investment from the company, its Director for Enterprise software, Vibhor Rastogi, will join the company’s board of directors. Lightbend, was founded in May, 2011 by Martin Odersky and Jonas Bonér. It has its headquarters in San Francisco, California. The company helps customers in succeeding by partnering with tech pioneers. Many enterprises approach this company because of its ability to enable teams to ship better code faster and in an operations model which if of the highest scale. IoT and mobile use cases are boosting companies to modernize large amounts of data processing and this company provides the fundamental building blocks for development, deployment and management of the present day’s scale, distributed applications. Application requirements are changing and this company is providing the software architectures for the changing requirements.

What is next for Lightbend?

Lightbend has a new investor Intel Capital and as a result of the latest investment from the company, its Director for Enterprise software, Vibhor Rastogi, will join the company’s board of directors.

More about Lightbend

Lightbend, was founded in May, 2011 by Martin Odersky and Jonas Bonér. It has its headquarters in San Francisco, California. The company helps customers in succeeding by partnering with tech pioneers. Many enterprises approach this company because of its ability to enable teams to ship better code faster and in an operations model which if of the highest scale. IoT and mobile use cases are boosting companies to modernize large amounts of data processing and this company provides the fundamental building blocks for development, deployment and management of the present day’s scale, distributed applications. Application requirements are changing and this company is providing the software architectures for the changing requirements.