8base, a Miami, FL-based leading low-code development platform for building digital products, internal applications, and more, announced the completion of a $10.6 million Series A funding round.
The oversubscribed funding round was led by Foundry Group, with participation by Techstars, Firebrand Ventures, MongoDB PaaS Accelerator, 11 Tribes Ventures, Argonautic Ventures, LAGO Innovation Fund, and Strawberry Creek Ventures, an Alumni Ventures fund; and comes on the back of accelerated customer and technical growth in the last 12 months.
8base will use the funds to continue the rapid expansion of its product capabilities while ramping up its go-to-market team.
Company: 8base Inc.
Raised: $10.6M
Round: Series A
Funding Month: April 2022
Lead Investors: Foundry Group
Additional Investors: Techstars, Firebrand Ventures, MongoDB PaaS Accelerator, 11 Tribes Ventures, Argonautic Ventures, LAGO Innovation Fund, and Strawberry Creek Ventures
Company Website: https://www.8base.com/
Software Category: low-code Development Platform
About the Company: Founded in 2017, 8base, a Techstars-backed company, is a full-stack low-code development platform for building, running, and scaling powerful, feature-rich digital products such as SaaS solutions and marketplaces, internal tools, and other web and mobile applications. 8base is a leader in providing a better, faster, and more affordable way to develop applications through low-code development. 8base is on a mission to make developers' and innovators' lives easier by continually removing redundant and low-value-add work from the application development life-cycle. 8base is headquartered in Miami, Florida, and is an alum of Techstars Austin 2020.
Source: https://www.prnewswire.com/news-releases/8base-announces-10-6-million-series-a-funding-round-301519215.html