Convex Raises $57M To Build Reliable AI-Native Backend Platform
Convex Raises $57M To Advance AI Backend Infrastructure Convex has raised $57 million in Series B funding and plans to utilize the new capital to scale development on its AI-native The post Convex Raises $57M To Build Reliable AI-Native Backend Platform appeared first on Ventureburn .
Convex, an AI-native backend platform provider, has secured $57 million in Series B funding from Insight Partners and other notable investors. The company plans to use the capital to enhance its platform, develop agentic development tools, and expand its workforce. Founded in 2021 by ex-Dropbox engineers, Convex offers developers a comprehensive backend solution, integrating databases, functions, workflows, search, synchronization, authentication, and file storage.
The platform supports AI-generated applications, addressing data corruption issues often encountered with traditional databases. Convex's platform features include ACID transactions, end-to-end type safety, real-time subscriptions, and TypeScript support, ensuring application reliability. With nearly two million applications powering AI-driven software and support from over 500,000 developers worldwide, Convex continues to grow in popularity.
The company's customers span industries such as AI, technology, and software development, utilizing Convex to simplify backend development and ensure dependable performance at scale.
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