Company
Date Published
Author
Kiersten Nordin
Word count
566
Language
English
Hacker News points
None

Summary

Retool has announced significant updates to its free plan, allowing developers and teams of up to five people to build unlimited apps without cost, aimed at empowering small teams and startups to create internal tools efficiently. The platform offers a comprehensive UI component library, seamless integration with a variety of databases and APIs, and the ability to store and manage data in a Retool-hosted PostgreSQL database. Existing functions such as query reuse and custom React component integration are also enhanced, making it easier for teams to develop and scale applications. Additionally, Retool has expanded its trial period for paid plans and offers startups the opportunity to apply for a year of free access, encouraging more users to harness the platform's capabilities. The announcement coincides with Retool's Series C2 fundraising success, raising $45 million at a valuation of $3.2 billion, highlighting its growth and commitment to supporting developers globally.