VC Fund Investments
Open source software maker Appsmith raises $8-M from Canaan, Accel, Bessemer, others
Bangalore- and San Francisco, CA (USA)-based Appsmith, which provides open source software that helps companies quickly build internal applications, announced a USD 8 million Series A round of funding. Canaan Partners led the funding round. Accel India and Bessemer participated, among other investors. Earlier, Appsmith had raised USD 2.5 million. Appsmith targets traditional developers with its service, which provides user-interface components that can be connected to business data sources. Those data-infused interface modules can be combined to build calendars, dashboards and other apps. Appsmith claims that its open source project has over 100 external contributors.
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