Builder.ai, a London, UK-based AI-powered next-generation composable software development platform, received an equity investment and signed a collaboration agreement with Microsoft.
The collaboration will see the two companies collaborate on creating AI-powered solutions that empower businesses to develop applications and become digitally native without the need for any technical expertise.
The deal will accelerate the go-to-market growth of the Builder.ai platform through deep product connections across the Microsoft product ecosystem. This includes integrations across Azure OpenAI Service and other Azure Cognitive Services with Builder.ai’s software assembly line and adoption of the Microsoft Cloud and AI.
“We are thrilled to be working so closely with Microsoft. This collaboration for Builder.ai is centered around the alignment of our core mission. From my first meeting with Microsoft to the moment we agreed to collaborate more strategically, one thing has been really clear-Microsoft’s commitment to helping everyone unlock their true potential,” said Sachin Dev Duggal, Chief Wizard and Founder of Builder.ai. “We are ecstatic that the world’s largest software company chose Builder.ai as a collaborator to lay down deeper roots in helping the next 100m businesses and beyond become digitally native.”
Through this collaboration, Builder.ai will help businesses advance their digital transformation journey in a frictionless manner, offering customers integrated access to cloud services on Azure (payments, infra, messaging, etc) to support the applications they are building.
Company: Engineer.ai Global Limited
Raised: Undisclosed
Round: Equity Investment
Funding Month: May 2023
Lead Investors: Microsoft
Additional Investors:
Company Website: https://www.builder.ai/
Software Category: Software Development Platform
About the Company: Established in 2016 and led by serial entrepreneur Sachin Dev Duggal, Builder.ai is an AI-powered software designed to help build and operate software projects. Its platform and human-assisted AI help enterprises, small businesses, and entrepreneurs to build, run, and scale their software without requiring technical expertise and any lines of code. Builder.ai is reshaping how software is built and operated with a suite of products and services, including BUILDER STUDIO, BUILDER CLOUD, BUILDER NOW, STUDIO STORE, and STUDIO RAPID. Builder.ai is headquartered in London, supported by employees and hubs in Delhi NCR, Singapore, Los Angeles, Salt Lake City, Sophia Antipolis, and Dubai.
Source: https://www.builder.ai/newsroom/press/builder_ai_announces_collaboration_with_microsoft_to_democratize_software_development