'A long haul' from bootstrapping to $45M in funding: The sag

'A long haul' from bootstrapping to $45M in funding: The saga of Durham's no-code ProcessMaker


DURHAM – Success did not come overnight for Durham-based ProcessMaker, which just raised $45 million from Aldrich Capital Partners in its first outside investment for its open source automated workflow product.
“It was a long haul,” said CEO Brian Reale in an interview with WRAL TechWire. “We took a lot of different paths. Most people don’t do that.”
The funding is big news in the emerging field of no-code/low-code that ProcessMaker has helped pioneer.
“The promise of no-code platforms is that they’ll make software development just as easy as using Word or PowerPoint so that the average business user can move projects forward without the extra cost (in money and time) of an engineering team,” notes VentureBeat.

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