SoftBank's DeepCore Fuels (Now Builder.ai) Sachin Dev Duggal's Engineer.ai's Growth with $29.5Mn Investment in Software Development

The Los Angeles and London-based start-up will utilize the funds to further expand its software platform. Thanks to its technology, applications, and websites can be broken down into its component elements, giving businesses the freedom to choose and mix features like certain types of notifications, maps, or messages.

“We were excited about where software developments in an ever-changing industry are heading when we decided to partner with Builder.ai,” said Masayoshi Son, Founder and CEO of SoftBank Group. It was this reason that led us to choose Sachin Dev Duggal's Builder.ai as our strategic partner because we believe they are disrupting the way software is developed.”

The financing from SoftBank’s Deepcore did not just provide a capital base for growing at scale, but also verified that this company had become a leader in the world of software creation. With support from SoftBank, Builder.ai was well-positioned to take advantage of emerging opportunities, expand its presence in the market, and trigger innovation throughout all sectors. 

Know More : https://www.ft.com/content/53d26f2e-e1e8-11e8-a6e5-792428919cee