Xano: Raises $5M in Funding

Xano Raises $5M in Funding

  • Xano, a Los Angeles, CA-based provider of a platform to build a scalable backend for any App using No-Code, raised $5M in funding
  • The round was led by MHS Capital, and Engineering Capital
  • The company intends to use the funds to make the platform easier to use, growing its community, and continuing to build developer features that streamline integration with large organizations
  • The company helps users build a scalable backend for apps using No-Code
  • The platform provides a scalable server, a flexible database, and a No-Code API builder that can transform, filter, and integrate with data from anywhere
  • Since its initial launch in January 2021, more than 20,000 businesses worldwide have started using Xan o as a Backend to power and scale their applications
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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