Low Code Application Platform (LCAP) Startup Dextcloud Receives Strategic Investment from Citi
Summary
LONDON--(BUSINESS WIRE)--Dextcloud, an API “Low Code Application Platform” (LCAP) startup based in the UK, announced today that it has received a strategic investment from Citi. Dextcloud’s technology rapidly develops and deploys API and Event-driven business applications to streamline enterprise service creation and increase efficiency. Dextcloud provides companies with a Low Code framework to bring together pre-existing application components that are dispersed across a firm’s back-end, internal infrastructure. “This strategic investment underlines Citis commitment to backing new innovation and embracing Low Code and API-driven orchestration as a strategic initiative, and it provides an important launchpad for Dextcloud to grow and expand further into other large environments.” With Citi’s investment, Dextcloud will be able to continue to build and enhance their products at a faster pace that will support adoption of the technology across the financial services industry. Dextcloud operates globally, currently supporting customers in Fintech and Retail as well as medium to large organisations looking after reducing costs, enhancing developer productivity and increasing efficiency.
Funding
Review available funding amount, funding date, investors, and linked company information related to Low Code Application Platform (LCAP) Startup Dextcloud Receives Strategic Investment from Citi in the interactive ISVWorld profile.