NEA, a global venture capital firm, led a $40m Series B funding round in Crowdbotics, with participation from Homebrew, JSV, Harrison Metal and Cooley. “By reusing standardized, well-supported architectures and quickly snapping together modules of interoperable code, customers can build stable apps quickly, or have applications built to their specifications. By decreasing development time and budget, and facilitating code reuse at scale, while playing nice with an organization’s own standards, there are benefits to the CTO, CIO and other IT department heads that directly impact their performance and their department’s bottom line,” Anand Kulkarni, Crowdbotics CEO.