ToolJet, India's open-source low-code platform for developers, announced on July 17 that it has received funding from M12, Microsoft's venture fund, and GitHub through the M12 GitHub Fund to fuel its next stage of growth.
The investment will be critical to ToolJet's strategic initiatives, which include expanding its workforce and advancing the platform's artificial intelligence capabilities, according to a statement from the company.
ToolJet is poised to bolster its talented team with this infusion of resources by attracting top-tier talent across multiple domains.
ToolJet aims to improve the intelligence of its platform by leveraging the power of artificial intelligence (AI), allowing developers to leverage advanced algorithms and automation to further streamline their development workflows.
This strategic investment will allow ToolJet to accelerate innovation, furthering its mission to revolutionise software development and provide unparalleled value to its ever-growing user base.
"We're thrilled to have Microsoft and GitHub join us on our journey," said Navaneeth Padanna Kalathil, Chief Executive Officer of ToolJet. "Their investment is a testament to the strength of our platform, community, and our vision to democratise software development by making it more accessible to everyone."