Today we're announcing that Betty Blocks has secured a €3 million funding, backed by ING. This speeds up our international expansion, builds on our leadership position in the market, accelerates the growth of the sales and marketing teams globally, and further enhances our high productivity platform. The platform enables companies to develop web, mobile and business applications very easily and efficiently. ING were convinced by Betty Blocks' enterprise capabilities and endless potential in such a way that they decided to back our rapidly growing company.
“Unlike other players in the market we are completely independent. This unique construction allows us to further stimulate our international growth, maintain our differentiating company culture and further develop our product. With this we can completely focus on our customers, without having to please investors.” - Chris Obdam, CEO
Further international expansion
This funding speeds up our already impressive international growth. Betty Blocks manages a year-on-year triple digit growth, and this €3 million funding comes at the exact right time for us to tap into more international markets. We have been expanding into the UK, US, Germany, Belgium and Japan with great success. Our innovative development platform helps companies like KPMG, BDO, Tele2 and The City Of Amsterdam increase productivity and drive innovation. We believe that the future of application development lies in the hands of humans, instead of software.
Betty Blocks, world’s leading no-code platformWith Betty Blocks you can build complex, enterprise grade applications, surprisingly easy, fast and fun. In a world where speed prevails, Betty Blocks swiftly enables innovation and digital transformation for your company. Empowering people to look for the right solutions themselves without being constrained by programming or technology. With the Betty Blocks platform, applications can be developed 8 to 10 times faster.
Betty Blocks is growing with triple digits each quarter and is on track for a 182% annual growth for 2017. We have been included in Gartner’s Magic Quadrant, and are the first ever no-code platform to have obtained the ISO 27001 certification. Last month, Betty Blocks featured at the Midmarket CIO Forum in Austin, and CEO Chris Obdam will be a speaker at the Gartner Symposium/ITxpo in Barcelona on November 8th.
We have received 4 consecutive nominations in the past period: Computable Awards, CEO of the Year and Most Outstanding Cloud Provider, the NHN Business Award, and Digital Transformation Innovator of the Year Award by the Dutch IT Channel.