Adalo, a no-code builder that allows anyone to create mobile and web apps, announced it has raised $8 million in Series A financing round, allowing the company to expand into fully-responsive web apps as well as to extend their marketplace beyond 3rd party components to include templates and integrations.
According to the vendor, this is the second largest Series A fundraising round for a no-code app builder.
The round was led by private equity firm, Tiger Global, with other prominent investors, including Wade Foster of Zapier, Jason Warner of Github, Ben Tossell of Makerpad, Oceans Ventures, and OldSlip Group.
Adalo enables users to create desktop and mobile apps without writing a single line of code and it is one of the few no-code development platforms that allows direct publishing to both Apple & Android stores, as well as to your own website.
With an additional focus on education, Adalo also plans to create an Academy to help its users throughout the entire app development process; from strategy to design, and everything in between.
“We have only just begun when it comes to no-code app development,” said David Adkin, Adalo co-founder and CEO. “With this investment, we will be able to increase both the power and simplicity of creating apps with no-code—empowering anyone to create meaningful software by themselves.”
For more information about this news, visit www.adalo.com.