Digibee, a low-code integration platform does what all low-code integration platforms apparently do at the moment: raise funds. The company announced today that it has raised a $25 million Series A round led by SoftBank Latin America Fund. Brazil-based Kinea and G2D Investments also participated in this round.
Launched in 2017, Digibee makes it easy for businesses to build and deploy integration workflows without touching code. While there are plenty of other platforms that are happy to do the same, one thing that sets Digibee apart is that in addition to building integrations, the service also focuses on turning those integrations into reusable business logic. A year ago, the company also launched what it calls “capsules,” that is, packages of common integrations that can be shared by organizations.
Current clients include Accenture, the Brazilian stock exchange B3 and retail chain Carrefour.
“We help global enterprises on their digital journey so they can grow and scale without economically prohibitive upfront costs, while empowering their talent to focus on driving their business forward. We look forward to reaching the world’s most innovative companies in the US and globally,” said Rodrigo Bernardinelli, co-founder and chief executive officer at Digibee.
The company tells me it plans to use the new funding to support its go-to-market strategy in the US.
“Our product solves system integration challenges much better than competitors and our multinational customers are asking us to expand our global business. To do it right, we needed this funding round to hire the best people in each target market,” Bernardinelli told me.
He also noted that the company plans to rapidly expand its workforce in virtually all functions.
“We are very excited about Digibee’s investment. The company is tackling a cost line – integrations – that accounts for more than 50% of software spend, enabling organizations to connect their systems to make digital transformation a reality,” said Rodrigo Baer, Managing Partner of early- internship investments at SoftBank Latin America Fund. . “The company is building a world-class sales force to bring that solution to market, making their product a truly global player.”