Saturday, May 21, 2022
  • Events
  • Interviews
  • Jobs
  • Opinion
  • Whitepapers
  • Glossary
  • Community Forum
  • Web Hosting Directory
  • Login
  • Register
Cloud7 News
  • Cloud Computing
  • Web Hosting
  • Data Center
  • Linux
  • Cybersecurity
  • More
    • How-Tos
    • Network/Internet
    • Windows
    • Software
    • Hardware
    • Blockchain
    • Policy/Legislation
    • Video
No Result
View All Result
Cloud7 News
  • Cloud Computing
  • Web Hosting
  • Data Center
  • Linux
  • Cybersecurity
  • More
    • How-Tos
    • Network/Internet
    • Windows
    • Software
    • Hardware
    • Blockchain
    • Policy/Legislation
    • Video
No Result
View All Result
Cloud7 News
No Result
View All Result

Home > Cloud Computing > Lightbend completed $25 million investment round

Lightbend completed $25 million investment round

Cloud-native applications company Lightbend completed the financing round led by Dell Technologies with $25 million.

Seda Nur Cinar by Seda Nur Cinar
March 12, 2020
in Cloud Computing
2 min read
0 0
0
Lightbend completed $25 million investment round
1
SHARES
4
VIEWS
Share on FacebookShare on TwitterShare on EmailFollow on Google News

Lightbend announced the closing of a $25M investment round led by Dell Technologies Capital. With this financial round, the company has collected more than $85 million in funding to this date. Tyler Jewell, a managing director at Dell Technologies Capital, participated in the Lightbend board of directors.

Flexible and advanced frameworks

Jewell talked about the role of Lightbend in Reactive programming:

Tyler Jewell, Managing Director, Dell Technologies Capital
Tyler Jewell, Managing Director, Dell Technologies Capital

“As a pioneer in the concepts of Reactive programming a decade ago, Lightbend has been extraordinarily prescient and has built some of the most flexible and advanced frameworks and runtimes for cloud-native computing on the market today.

Their industry vision aligns with Dell Technologies Capital’s view of the future. Lightbend is well positioned to take advantage of two key trends that will dramatically change the enterprise computing landscape – they are the leader in Reactive architecture and enable serverless computing in a way unmatched by other vendors.”

The integration of cloud-native applications into a company’s infrastructure is a need for digital-first enterprises. The company allows developers to create cloud-native applications, which are high TPS, real-time, resilient, stateful, and consistent for offline/online scenarios through the Lightbend Platform.

Lightbend’s cloud-native application platform was designed for optimizing resource consumption and scale dynamically by leveraging Kubernetes, microservices, and containers. Mark Brewer, CEO of Lightbend said:

“The rise of serverless, Reactive systems and real-time streaming data pipelines mean wholesale changes in how organizations and systems work with software. This funding from Dell Technologies Capital solidifies our plans to take advantage of this market opportunity, remaining cash flow positive while further scaling our business.

As the founding member of the newly-established Reactive Foundation, we look forward to helping empower developers within the Kubernetes ecosystem and beyond, and bringing our vision for Reactive architecture to developers worldwide.” 

Jonas Bonér (creator of Akka) and Martin Odersky (creator of the Scala Programming Language), founded Lightbend in 2010. It has become an important vendor for Reactive Architecture in the last 10 years.

See more Cloud Computing News


Tags: Dell TechnologiesLightbend
Share1TweetSendShare
Get free daily newsletters from Cloud7 News Get the Cloud7 Newsletter

Check your inbox or spam folder to confirm your subscription.

By subscribing, you agree to our
Copyright Policy and Privacy Policy
Previous Post

Cologix adds Microsoft Azure ExpressRoute onramp

Next Post

DE-CIX Frankfurt reaches 9.1 Tbps

Seda Nur Cinar

Seda Nur Cinar

Seda Nur Cinar is the news editor of the Cloud7 News. With more than 8 years of Linux and cloud experience, Seda is a Linux and opensource enthusiast, security researcher and a web application developer.

Related News

Microsoft has released February security patches

Microsoft is releasing a sustainability reporting tool

May 19, 2022 5:15 pm
Jupiter theme and plugins for WordPress are critically vulnerable

Jupiter theme and plugins for WordPress are critically vulnerable

May 19, 2022 12:35 pm

Aiven raises $210 million

May 17, 2022 7:31 pm
Komodor raises $42 Million Series B funding round

Komodor raises $42 Million Series B funding round

May 16, 2022 5:30 pm
Next Post
DE-CIX Frankfurt reaches 9.1 Tbps

DE-CIX Frankfurt reaches 9.1 Tbps

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

Editor's Choice

Interview with Igor Seletskiy on AlmaLinux

7 best hosting control panels

How to update Linux Kernel without rebooting?

7 best Linux mail servers for 2022

7 best cPanel alternatives for 2022

7 best Linux web browsers for 2022

cPanel Security: 7 steps to secure cPanel

7 best CentOS alternatives

7 best Linux server distros for 2022

How to scan your server for Log4j (Log4Shell) vulnerability

Best web hosting service providers

AlmaLinux 8.6 Stable is ready to download

Ubuntu 22.04 LTS is available for download. What is new?

Advertisement

Recent News

  • Snap app of the week: Glate
  • Weekly tips & tricks: Linux #4
  • [Event] Live Webinar – WordPress: Don’t Underestimate the Power of Plugins
  • Oracle Linux 8.6 is ready to download
  • Imunify Security has announced Dashboard PRO

Our Latest Interview

Interview: Erez Barak, Vice President Observability of Sumo Logic
Interview

Interview: Erez Barak, Vice President Observability of Sumo Logic

by Atalay Kelestemur
November 25, 2021 3:23 am


Cloud7 News is a news source that publishes the latest news, industry news and exclusive interviews on web hosting, cloud computing, data center, cybersecurity and linux.

News Categories

  • Web Hosting
  • Cloud Computing
  • Data Center
  • Cybersecurity
  • Linux
  • Network/Internet
  • Software
  • Hardware
  • Blockchain

Our Free Modules

  • Events
  • Interviews
  • Jobs
  • Opinion
  • Whitepapers
  • Glossary
  • Community Forum
  • Web Hosting Directory

Get the Cloud7 Newsletter

Get FREE daily newsletters from Cloud7 delivering the latest news and reviews.

  • About Us
  • Privacy & Policy
  • Copyright Policy
  • Contact

© 2022, Cloud7 News. Latest Cloud Computing, Web Hosting, Data Center Industry and Tech News

No Result
View All Result
  • Cloud Computing
  • Web Hosting
  • Data Center
  • Linux
  • Cybersecurity
  • More
    • How-Tos
    • Network/Internet
    • Windows
    • Software
    • Hardware
    • Blockchain
    • Policy/Legislation
    • Video
  • Events
  • Interviews
  • Jobs
  • Opinion
  • Whitepapers
  • Glossary
  • Community Forum
  • Web Hosting Directory

© 2022, Cloud7 News. Latest Cloud Computing, Web Hosting, Data Center Industry and Tech News

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

*By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.