Ably secures $7M funding to set a new standard in realtime messaging
Ably has secured $7 million in Series A funding led by MMC Ventures and co-invested by Forward Partners. The company aims to provide a new standard of realtime messaging infrastructure for the edge required for a connected future. Ably's platform enables developers to build dependable realtime apps with versatile, easy-to-use APIs. Since its launch in 2016, Ably has streamed over 1.5 trillion realtime messages and experienced 150% year-on-year growth. The funding will be used to scale the team, invest in the core platform, further integrate with other event-driven platforms, and explore more open protocols.
Company
Ably
Date published
April 6, 2020
Author(s)
Matthew O'Riordan
Word count
490
Language
English
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