Xano Raises $5M in Funding

USA – Xano, a Los Angeles, CA-based provider of a platform to build a scalable backend for any App using No-Code, raised $5M in funding.

The round was led by MHS Capital, and Engineering Capital.The company intends to use the funds to make the platform easier to use, growing its community, and continuing to build developer features that streamline integration with large organizations.Led by CEO Prakash Chandran, Xano helps users build a scalable backend for apps using No-Code. The platform provides a scalable server, a flexible database, and a No-Code API builder that can transform, filter, and integrate with data from anywhere. Since its initial launch in January 2021, more than 20,000 businesses worldwide have started using Xano as a Backend to power and scale their applications.15/11/2022