Announcing Restate 1.0, Restate Cloud, and our Seed Funding Round
Blog post from Restate
Restate has launched version 1.0 of its platform, providing a unique approach to building resilient distributed applications by simplifying workflows through its innovative workflows-as-code model. The platform is characterized by low latency, lightweight operation, and seamless integration with serverless platforms, allowing developers to manage asynchronous logic and state management without complex infrastructure code. Additionally, Restate Cloud offers early access to a fully serverless environment, enabling users to create and manage applications without handling clusters or queues. Alongside these developments, Restate announced a $7 million seed funding round led by Redpoint Ventures, with participation from other investors and industry leaders, to further expand its capabilities and support for additional programming languages. The funding is aimed at enhancing the company's infrastructure, expanding its team, and continuing the development of Restate Cloud, promising more features like distributed deployments and a comprehensive UI for task management.