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Synopsis
Addition, a venture capital firm, Transpose Platform, a digital company, and Together Fund, an investment firm, led a $15m Series A round in Uiflow, a no-code platform that allows its users to build production applications using their enterprise data. “Software-as-a-service platforms face the challenge of scaling their third-party development initiative to empower their customers to expand and customize their platform to meet customers’ own needs. The software backlog for every company is also getting longer by the day due to pandemic and skill shortage. Most enterprise software development platforms require months of training and certifications before anyone can build, which is why majority of the revenue for these platform companies are from services,” Sol Eun Uiflow CEO.
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