Crowdbotics, a software development platform with a library of prebuilt app architectures, today announced that it raised $40 million in a Series B round led by NEA with participation from Homebrew, JSV, Harrison Metal and Cooley. The new cash will be put toward expanding Crowdbotics’ enterprise presence, CEO Anand Kulkarni told TechCrunch in an email interview, as well as growing the company’s product offerings and invest in helping increasing its current customer base.
Kulkarni founded Crowdbotics in 2017 after launching LeadGenius, which used AI to crawl the web and discover sales leads. With Crowdbotics, he sought to create a catalog of reusable modules of code to simplify the process of planning and deploying software.
“Because up to 80% of requirements are similar between software applications — things like single sign-on flows or payment gateways don’t vary much between products — customers can build applications usi...