LocalStack receives 25 million dollars in fresh capital

LocalStack has secured 25 million dollars in Series A financing. The round was led by the Californian investment firm Notable Capital from Menlo Park. Existing investors CRV and Heavybit from San Francisco have also participated. "This milestone marks a pivotal moment for LocalStack," it said in a statement, "as we continue our mission to put developers in control of cloud development and help organizations develop faster, better and more efficiently."

Founded in 2021, the Zurich-based start-up has so far made it possible to run complete AWS environments on its platform on local computers, thereby increasing developers' speed and reducing cloud dependencies. According to the data, this platform is used for 8 million sessions per week, has 280 million Docker calls and over 900 paying customers, from start-ups to Fortune 500 companies, including SiriusXM and Chime.

According to the press release, this funding opens up "new opportunities to expand LocalStack's capabilities and go beyond AWS". For example, "current insights into Snowflake and our roadmap for an Azure emulator" would enable LocalStack to support multi-cloud strategies. "The expansion beyond AWS will strengthen LocalStack's role as the de facto platform for local cloud development and enable new use cases such as developing cross-cloud integrations or testing cloud migrations." ce/mm