ToolJet, a Bengaluru, India-based open-source low-code platform for developers, has secured an investment from Microsoft's M12 GitHub Fund.
The investment will fuel ToolJet's next stage of growth and support its strategic initiatives, including expanding its workforce and advancing the platform's artificial intelligence capabilities.
With the investment, ToolJet aims to attract top-tier talent across various domains and enhance its platform's intelligence using artificial intelligence algorithms and automation. The company seeks to streamline development workflows for developers and deliver unparalleled value to its user base.
“We’re thrilled to have Microsoft and GitHub join us on our journey, their investment is a testament to the strength of our platform, community and our vision to democratize software development by making it more accessible to everyone,” said Navaneeth Padanna Kalathil, Chief Executive Officer of ToolJet.
Leveraging open-source technology, ToolJet enables customers to enhance the platform's capabilities by integrating JavaScript-based plugins, providing extensive customization and extensibility options.
Company: ToolJet Solutions, Inc.
Raised: Undisclosed
Round: Unknown
Funding Month: July 2023
Lead Investors: Microsoft's M12 GitHub Fund
Additional Investors:
Company Website: https://blog.tooljet.com/
Software Category: Low Code Development Platforms (LCDP) Software
About the Company: ToolJet is an open-source low-code platform for building and deploying internal tools with minimal engineering efforts. Its low-code platform enables organizations to create powerful tools without extensive coding, saving time and resources. The platform has gained popularity among developers, with close to 20,000 stars and 350 contributors on GitHub. ToolJet is trusted by innovative teams across Fortune 500 companies, scaleups, and startups worldwide.
Source: https://technode.global/2023/07/17/indian-open-source-low-code-platform-tooljet-raises-funding-from-microsofts-m12-fund-github/