WSO2 secures USD 90 million in capital from Goldman Sachs Asset Management

Monday 15 November 2021 15:00 CET | News

US-based open source technology provider WSO2 has received USD 90 million in financing from client vehicles advised by Goldman Sachs Asset Management for its expansion.

WSO2 will use the funding from Goldman Sachs to deliver a new generation of platform-as-a-service offerings that democratise the adoption of its cloud-native technologies for API management, integration, and customer identity and access management.

The new solutions, powered by Ballerina, will offer a seamless blend of low code and pro code experience for enterprises, and deliver the support of DevOps and modern SDLC practices including integrated reuse within the organisation and beyond. 

Choreo is WSO2’s first commercial solution to take advantage of Ballerina in enabling employees at various skill levels to collaborate in creating new apps and digital services via code, low-code, and no-code.

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Keywords: Goldman Sachs, funding, API, expansion, cloud services, PaaS
Categories: Payments & Commerce
Countries: United States
This article is part of category

Payments & Commerce