DevOps.com

  • Latest
    • Articles
    • Features
    • Most Read
    • News
    • News Releases
  • Topics
    • AI
    • Continuous Delivery
    • Continuous Testing
    • Cloud
    • Culture
    • DevSecOps
    • Enterprise DevOps
    • Leadership Suite
    • DevOps Practice
    • ROELBOB
    • DevOps Toolbox
    • IT as Code
  • Videos/Podcasts
    • DevOps Chats
    • DevOps Unbound
  • Webinars
    • Upcoming
    • On-Demand Webinars
  • Library
  • Events
    • Upcoming Events
    • On-Demand Events
  • Sponsored Communities
    • AWS Community Hub
    • CloudBees
    • IT as Code
    • Rocket on DevOps.com
    • Traceable on DevOps.com
    • Quali on DevOps.com
  • Related Sites
    • Techstrong Group
    • Container Journal
    • Security Boulevard
    • Techstrong Research
    • DevOps Chat
    • DevOps Dozen
    • DevOps TV
    • Digital Anarchist
  • Media Kit
  • About
  • AI
  • Cloud
  • Continuous Delivery
  • Continuous Testing
  • DevSecOps
  • Leadership Suite
  • Practices
  • ROELBOB
  • Low-Code/No-Code
  • IT as Code
  • More
    • Application Performance Management/Monitoring
    • Culture
    • Enterprise DevOps

Home » News » Lightbend Closes $20 Million in Series C Funding Led by Intel Capital

Lightbend Closes $20 Million in Series C Funding Led by Intel Capital

By: Miles Blatstein on May 27, 2016 1 Comment

Pioneer in Reactive Systems accelerating growth as more and more Global 2000 enterprises move to cloud-first business models built on microservices

Recent Posts By Miles Blatstein
  • New Alluxio Release Accelerates Cloud Deployments for Analytics and Machine Learning
  • New Survey Identifies Major Gaps in Fast Data Use Despite Large Corporate Investments
  • Quali CloudShell 7.0 Helps Businesses Deliver Applications Faster with Public, Private, and Hybrid Cloud Support and Powerful Sandboxing Features
More from Miles Blatstein
Related Posts
  • Lightbend Closes $20 Million in Series C Funding Led by Intel Capital
  • Humio Drives Real-Time Observability for Lightbend Fast Data Platform
  • Ahana Announces Additional $7.2 Million Funding Led by Liberty Global Ventures and Debuts Free Community Edition of Ahana Cloud for Presto for the Open Data Lakehouse
    Related Categories
  • Latest News Releases
    Related Topics
  • devops
  • intel capital
  • lightbend
Show more
Show less

SAN FRANCISCO, CA – (Marketwired – May 26, 2016) – Lightbend (formerly Typesafe), the company behind the Reactive Platform that includes the Akka, Play and Lagom Frameworks as well as the Scala programming language, today announced it has closed a $20 million Series C funding round led by Intel Capital. Blue Cloud Ventures also joined Intel Capital as a new investor, with full participation from previous investors Bain Capital Ventures, Polytech Ecosystem Ventures and Shasta Ventures. Vibhor Rastogi, Director for Enterprise Software at Intel Capital, will join Lightbend’s board of directors.

DevOps Connect:DevSecOps @ RSAC 2022

Enterprises including Walmart, Verizon, iHeartRadio, William Hill, and Samsung (see case studies) have adopted the Lightbend Reactive Platform to build low latency, fast data applications based on modern microservice architectures. Lightbend’s platform and professional services have become a popular option for enterprises that leverage the Java Virtual Machine (JVM) and JVM-languages like Java and Scala – and that seek the characteristics of application resiliency and extreme scale defined by the Reactive Manifesto.

“Lightbend is very excited that Intel Capital and Blue Cloud Ventures have invested as we continue to deliver technology, services and expertise to Global 2000 companies that are refactoring their application architectures for Agile development cycles and extreme scale on-prem and in the cloud,” said Mark Brewer, CEO of Lightbend. “Enterprises come to Lightbend because of our track record enabling teams to ship better code faster, and in an operations model that stands up to the most extreme scale.”

“Mobile and IoT use cases are driving enterprises to modernize how they process large volumes of data,” said Doug Fisher, Senior Vice President and General Manager of the Software and Services Group at Intel Corporation. “Lightbend provides the fundamental building blocks for developing, deploying and managing today’s large-scale, distributed applications.”

“These changes are happening because application requirements have changed dramatically in recent years,” said Jonas Bonér, founder and CTO at Lightbend, and creator of Akka. “Only a few years ago a large application had tens of servers, seconds of response time, hours of offline maintenance and gigabytes of data. Today, applications are deployed on everything from mobile devices to cloud-based clusters running thousands of multi-core processors. Users expect millisecond response times and 100% uptime. Today’s demands are simply not met by yesterday’s software architectures.”

About Lightbend

Lightbend (Twitter: @lightbend) is dedicated to helping developers build Reactive applications on the JVM. With the Lightbend Reactive Platform, developers can create message-driven applications that scale on multicore and cloud computing architectures by using technologies like Lagom, Play Framework, Akka, Apache Spark, Scala, and Java. To help our customers succeed, Lightbend partners with technology pioneers such as Databricks, IBM, and Mesosphere. Lightbend is venture backed by Intel Capital, Blue Cloud, Bain Capital and Shasta Ventures with headquarters in San Francisco.

About Intel Capital

Intel Capital, Intel’s strategic investment and M&A organization, backs innovative startups targeting computing and smart devices, cloud, datacenter, security, the Internet of Things, wearable and robotic technologies and semiconductor manufacturing. Since 1991, Intel Capital has invested US$11.7 billion in 1,445 companies in 57 countries, and 595 portfolio companies have gone public or been acquired. Through its business development programs, Intel Capital curates thousands of introductions each year between its portfolio executives and Intel’s customers and partners in the Global 2000. For more information on what makes Intel Capital one of the world’s most powerful venture capital firms, visit www.intelcapital.com or follow @Intelcapital.

Filed Under: Latest News Releases Tagged With: devops, intel capital, lightbend

Sponsored Content
Featured eBook
Hybrid Cloud Security 101

Hybrid Cloud Security 101

No matter where you are in your hybrid cloud journey, security is a big concern. Hybrid cloud security vulnerabilities typically take the form of loss of resource oversight and control, including unsanctioned public cloud use, lack of visibility into resources, inadequate change control, poor configuration management, and ineffective access controls ... Read More
« IBM Offers Watson Services on Twilio Marketplace
Another Bad Executive Decision »

TechStrong TV – Live

Click full-screen to enable volume control
Watch latest episodes and shows

Upcoming Webinars

Continuous Deployment
Monday, July 11, 2022 - 1:00 pm EDT
Using External Tables to Store and Query Data on MinIO With SQL Server 2022
Tuesday, July 12, 2022 - 11:00 am EDT
Goldilocks and the 3 Levels of Cardinality: Getting it Just Right
Tuesday, July 12, 2022 - 1:00 pm EDT

Latest from DevOps.com

Rust in Linux 5.20 | Deepfake Hiring Fraud | IBM WFH ‘New Normal’
June 30, 2022 | Richi Jennings
Moving From Lift-and-Shift to Cloud-Native
June 30, 2022 | Alexander Gallagher
The Two Types of Code Vulnerabilities
June 30, 2022 | Casey Bisson
Common RDS Misconfigurations DevSecOps Teams Should Know
June 29, 2022 | Gad Rosenthal
Quick! Define DevSecOps: Let’s Call it Development Security
June 29, 2022 | Don Macvittie

Get The Top Stories of the Week

  • View DevOps.com Privacy Policy
  • This field is for validation purposes and should be left unchanged.

Download Free eBook

The State of the CI/CD/ARA Market: Convergence
https://library.devops.com/the-state-of-the-ci/cd/ara-market

Most Read on DevOps.com

What Is User Acceptance Testing and Why Is it so Important?
June 27, 2022 | Ron Stefanski
Rust in Linux 5.20 | Deepfake Hiring Fraud | IBM WFH ‘New No...
June 30, 2022 | Richi Jennings
Chip-to-Cloud IoT: A Step Toward Web3
June 28, 2022 | Nahla Davies
DevOps Connect: DevSecOps — Building a Modern Cybersecurity ...
June 27, 2022 | Veronica Haggar
The Two Types of Code Vulnerabilities
June 30, 2022 | Casey Bisson

On-Demand Webinars

DevOps.com Webinar ReplaysDevOps.com Webinar Replays
  • Home
  • About DevOps.com
  • Meet our Authors
  • Write for DevOps.com
  • Media Kit
  • Sponsor Info
  • Copyright
  • TOS
  • Privacy Policy

Powered by Techstrong Group, Inc.

© 2022 ·Techstrong Group, Inc.All rights reserved.