April 2020 Summaries

Ably has secured $7 million in Series A funding led by MMC Ventures and co-invested by Forward Partners. The company aims to provide a new standard of realtime messaging infrastructure for the edge required for a connected future. Ably's platform enables developers to build dependable realtime apps with versatile, easy-to-use APIs. Since its launch in 2016, Ably has streamed over 1.5 trillion realtime messages and experienced 150% year-on-year growth. The funding will be used to scale the team, invest in the core platform, further integrate with other event-driven platforms, and explore more open protocols.