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Software Startup StdLib Raises $2 Million

Software Startup StdLib Raises  Million

StdLib (The Standard Library of the Internet) announced it has closed $2 million in seed financing. Eight investors participated in the round, including AngelPad, BlueYard Capital, and Nordic Ventures.

Based in San Francisco, CA, StdLib was founded in February, 2016, by Keith Horwood. It is a software company that offers automated cloud deployment and scaling solutions. The company’s flagship product, Nodal, is an open source software solution that enables developers to build APIs for web, mobile, and IoT applications. It also offers automated infrastructure management, PostgreSQL hosting services, and cloud services for payment.

The company revealed that the funds will further StdLib’s mission to connect the executive functions of businesses by introducing the first dedicated function-as-a-service (FaaS) platform and library.