• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to secondary sidebar
  • Skip to footer

3v.org

Venture Capital Matters

  • Pitch a Startup
    • Make a Contribution
  • Market Reports
  • Technologies
    • Technology Events
  • Domain Names for Startups
  • About
  • Contact

Unqork finalizes $131 million Series B funding round to accelerate go-to-market and global expansion

February 26, 2020 By admin Leave a Comment

Unqork, the leading no-code application platform for the enterprise, today announced it has closed $51 million in additional growth funding for its Series B round from existing investor Goldman Sachs, along with new investors Aquiline Technology Growth and World Innovation Lab (WiL).

Unqork is a no-code application platform that helps large enterprises build complex custom software and applications faster, with higher quality, and lower costs than conventional approaches. Since launching in mid-2017, Unqork has earned the trust of some of the world’s leading enterprises including Liberty Mutual, John Hancock and Manulife. Recent customer engagements include HSBC, Pacific Life, and Maimonides Medical Center.

“After spending over 20 years in enterprise IT leadership, I can tell you firsthand that the demands on technology leaders have never been more intense,” said Gary Hoberman, Founder and CEO of Unqork. “Unqork enables progressive enterprises to quickly create and manage the most sophisticated, industrial-strength software using entirely no-code, visual tools. IT leaders are reporting speeds to deploy value-creating technology over one-hundred times faster than traditional coding. This latest funding round provides us with the resources needed to continue empowering these organizations to scale their businesses.”

Today’s funding closes a larger $131 million Series B led by CapitalG, the growth equity investment fund of Google parent company Alphabet, and will help Unqork execute new and existing initiatives such as:

Growing the company’s sales and marketing teams across the U.S. and around the world to meet consistently increasing demand for Unqork’s platform
Investing further in the company’s world-class engineering team
Training and continuing to roll out partnerships with some of the world’s largest services firms and systems integrators including Cognizant, Deloitte, EY, KPMG, and Virtusa
Expanding the Unqork community by hosting large-scale events, including No-code on Tour and Unqork Live, its first-ever user conference, on May 6th 2020 in New York City
Continuing Unqork’s efforts to certify individuals at all levels, with plans to significantly expand the thousands of credentialed Unqork Creators in 2020

“We can say firsthand that Unqork is changing the way the financial services industry thinks about enterprise technology and how it gets built,” said Sarah Shenton, Vice President in the Merchant Banking Division at Goldman Sachs. “Time and time again we see the power of the Unqork platform turn skeptical IT leaders into true believers.”

“No-code in the enterprise has gained massive traction, thanks largely to Unqork’s adoption at the most complex organizations,” said Laela Sturdy, General Partner at CapitalG. “This round is further proof that Unqork has the product, team and customer demand to continue to change the economics of enterprise IT.”

About Unqork
Unqork is the industry pioneer no-code enterprise application platform that helps large companies build, deploy, and manage complex applications without writing a single line of code. Companies like Liberty Mutual, Goldman Sachs, and John Hancock are using Unqork’s drag-and-drop interface to build enterprise applications faster, with higher quality, and lower costs than conventional approaches. To learn more, please visit: https://www.unqork.com.

Filed Under: PR Tagged With: no code

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Market Analysis

Immersive Virtual
Spending on Compute and Storage Infrastructure Grew Strongly Across Cloud and Non-Cloud IT Environments in the First Quarter of 2022, According to IDC
Extended Reality (XR) Technologies
Market Size Matters
The U.S.’s blood supply had dipped to levels that the Red Cross has not seen in 10 years
Support for Vladimir Putin waning in Russia
AfricanInvesting.com (African Investing): Rapid acceleration of the African Tech ecosystem

Market Research Media

UXSDK.com: How to get started in UX design
How do marketers collect data?
1.7 billion people could be affected by the global food crisis
AI will contribute $15.7 trillion to the global economy by 2030
InfluenceMgmt.com (Influence Management): How to get others to adopt your recommendation
Worldwide government IT spending is forecast to total $565.7 billion in 2022, an increase of 5% from 2021
PublicDomain.ai: Public Domain Meets AI

Secondary Sidebar

Technologies

New Greentech Start-Up, Refhuel, to Develop Reversible Fuel Cell Technology
VivaTech, Europe’s number one startup and tech event, makes its big comeback with more than 91,000 participants in Paris
Introducing IonQ Forte, Improving Quantum Performance with a Software-Configurable Dynamic Laser System
AWS Announces General Availability of Amazon EC2 C7g Instances Powered by AWS-designed Graviton3 Processors
Trends in data and analytics

Tech Events

FPGA Conference Europe, July 5 – 7, 2022, NH München Ost Conference Center
DevOps World, September 28-30, 2021, virtual and free
Fira de Barcelona celebrates the extension of MWC Barcelona until 2030
Bid Ops to Host Optimal ’22 Conference, March 23 – 24, 2022 in New York City
MIT Technology Review hosts Future Compute February 10-11, 2021

Footer

Recent Posts

  • Plant-based food innovation company, TMRW Foods, raises C$2 million and prepares for North American launch with Sprouts Farmers Market
  • How to achieving gender balance in management teams
  • When you feel like you’re spiraling
  • After Successful Tax Season, Embedded Tax Platform April Raises $30M Series A from Fintech Veterans
  • Vita Mojo Raises US$30 Million to Help Restaurant and Hospitality Chains in Europe Tackle the Digital Future
  • Nautical Commerce Raises $30M to Scale Multi-Vendor Marketplace Technology
  • Token Announces $13 Million Series B Funding Round and Appointment of New CEO to Disrupt the Authentication Market
  • Konnecto Raises $21M to establish a new category in marketing technology
  • Sharebite, the Leading Food Benefits Platform, Announces Closing of $39 Million Series B Round
  • Illumina Invests in £30M Venture Fund to Advance Breakthroughs in Human Health

Dossier

Deals activity hit record levels in the UK and worldwide last year and plummeted in first half of 2022
Hippo Appoints Richard McCathron as Chief Executive Officer
Xait Acquires Privia To Ramp Up In The Government Contracting Market
Cognizant Wins Multi-Year Contract from National Insurance Company to Accelerate Digital Transformation
Commerzbank and Google Cloud Strengthen Strategic Partnership

Press Media Release

HR Maven Tom Painter Joins System High as Vice President of Human Capital
Clarivate Names World’s Leading Journals with the 2022 Journal Citation Reports
EPPA : New Study Shows That Making Reusable Containers for Takeaway Obligatory Will Undermine the EU’s Environmental Goals
FTX and Mercedes-AMG Petronas F1 Team Announce Long-Term Partnership
VOICE Global 2021

App Coding

How to build a search engine
Configit Introduces Breakthrough System-Level Configuration Solution
Browser innovation has stalled
web3 iteration of the internet
NLP techniques are bridging the gap between text documents

API Coding

Neosec Introduces Industry First Expert Managed Threat Hunting Service for Detecting and Investigating API Abuse and Vulnerabilities
API-based startup that connects African businesses
Apple Provides Developers with Even More Powerful Technologies to Push the App Experience Forward
Apiiro Extends Right from Code to Runtime To Help Developers Fix Risks Faster
WSO2 Completes $93 Million Series E Growth Funding Round with the Investment from Info Edge

Copyright © 2022 3v.org

Technologies, Market Analysis & Market Research

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie SettingsAccept
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT