Digibee, an integration platform as a service (iPaaS) company that helps organizations build flexible, highly scalable integration architecture, has received $60 million in Series B funding.
The Growth Equity business within Goldman Sachs Asset Management (Goldman Sachs) is the lead investor in the Series B round, which also includes Leadwind, a growth fund at K Fund, a leading venture capital firm in Southern Europe, Vivo Ventures, the corporate venture capital (CVC) arm of Brazilian telco Vivo, Kinea and G2D, two of Latin America’s largest Private Equity investment firms.
The Series B round follows a $25 million Series A round led by Softbank Latin America Fund (later renamed to Upload Ventures).
“We believe the enterprise integration platform market is one of the most promising globally. This partnership announcement with Digibee reinforces the commitment of our Growth Equity business in Latin America and the United States,” said Hillel Moerman, a managing director at Goldman Sachs.
“The solution developed by Digibee has been supporting large clients in relevant sectors, such as retail and banking. With the investment, the company will aim to expand market share in Latin America and the United States,” said Natan Reinig, a vice president at Goldman Sachs.
Digibee will use the Series B funding for product enhancements, expansion of go-to-market initiatives, customer support in the United States and for support of its ongoing success in Latin America.
The Series B round will help Digibee advance its mission of revolutionizing the way IT delivers business value with modern integration technology.
The Digibee integration platform allows enterprises to compete and excel in today’s changing digital environment. The technology is cloud native, low code, fully recyclable, and discoverable — connecting applications, processes, and people for faster time to market without a major investment.
