Webiny secures £2.6m in seed funding led by M12 to expand its engineering team
The Y Combinator-backed open-source framework secured backing from M12, Samsung Next, Episode 1 and Cota Capital to scale its developer tooling.
Webiny provides an open-source serverless application framework designed to help developers build, manage and deploy applications. The company was founded in 2019 and operates as a Y Combinator-backed enterprise.
Webiny has secured £2.6m in seed funding to expand its engineering team and refine its developer tools. The round was led by Microsoft venture arm M12, with participation from Samsung Next, Episode 1 and Cota Capital. Founded in 2019, the company aims to simplify serverless architecture and application development for enterprise engineering teams. The fresh capital will also support the rollout of new commercial and software-as-a-service offerings.
From the founder
"We see the mandate inside organisations to adopt serverless is coming from the top. The technical executives see serverless as a competitive advantage for their business. It’s the same market motion we saw several years ago when organisations moved from on-premise solutions to the cloud. This wasn’t a bottom up adoption, but rather a top-down approach. This same is now happening with serverless and it is our goal at Webiny to enable this new wave of infrastructure transformation."
Sven Al Hamad
CEO, co-founder at Webiny
Investor perspective
"Webiny simplifies the complexities involved with migrating cloud applications to a serverless architecture"
Andy Duong
investor, Samsung Next
Use of funds
- 01Grow the team
- 02Continue product development
