By Xano | November 1, 2022
Since our launch in January 2021, more than 20,000 businesses have started using Xano as a Backend to power and scale their applications. We could not have achieved such fast growth without an amazing and supportive community of builders.
Today, we are excited to announce that we've raised a $5M round led by MHS Capital, joined by Engineering capital and a handful of amazing angel investors.
This funding marks an important milestone on the road to accomplishing our broader mission: To empower anyone to create scalable, world-class software.
Today, Xano is the de-facto Backend that the No-Code community turns to when they want to build without limits. This community is rapidly growing as more and more businesses turn to No-Code to solve their needs.
We believe this growth is due to a few key factors, including the developer shortage and the reality that today's software demand far outpaces the number of developers that can build. This trend has given rise to a group called the citizen developer - namely business users who can develop applications for themselves and others using No-Code tools.
Even with this demand, many believe that No-Code should only be used for small-scale apps or to build an MVP.
This reputation is largely due to the failure of existing No-Code tools to address a few key areas that Xano offers its customers:
Xano is part of a new generation of No-Code tools that will enable the creators of tomorrow to build any app to any scale without constraint. To establish ourselves as the best infrastructure for people to rely on, we're concentrating our efforts on a few central themes:
Xano has grown to tens of thousands of users purely through word of mouth, and it's because we're proving that with Xano, No-Code can be Scalable, Secure, and ready for the Enterprise.
We're just getting started and there's still lots of work to do. If you're excited about what we're doing, we're always looking for awesome people to join our team. Tell us how you can help by shooting us a note at jobs at xano dot com.