The startup raised $26 million in a Series B funding round led by Full In Partners. The new cash will be put toward product development and expansion of the workforce, according to the CEO.
Vishnu Datla founded the company in 2015 with the goal of creating a suite of tools for companies that use customer relationship management (CRM) products. TechShopy, a business process management solutions vendor, was launched by Datla, a former consultant to the company.
Bell said in an email interview that Fortune 1000 companies in regulated industries need to manage their environments and development with the same rigor and vigilance they have learned to apply to the rest of their more traditional IT apps and systems.
Version control, deployment, testing, data loading and sandbox management are some of the features offered by the tooling platform. It is possible to use a rules-based system to identify and commit code from across teams, and it is also possible to use a rules-based system to find and fix vulnerabilities in the code.
The image is called Auto Rabit.
Beyond this, autorabit can back up and recoverSalesforce data, Metadata, file Attachments, chats, knowledge articles and custom datasets. Bell claims that it can handle the transfer of millions ofSalesforce records while ensuring data integrity between source and destination environments, and the platform's subscription plans include daily unlimited backups.
Customers might be wary of storing their data in a third-party cloud. There are self-hosted plans, isolated cloud instances, and packages specific to industries like healthcare, life sciences, and banking and finance.
The standard suite of development tools are missing becauseSalesforce was created to be aCRM, not a development platform.
There is an appetite for tools and services built on top of the platform. According to Forbes, the company has a large share of the market. According to one report, the market for third-partySalesforce services alone reached $9.12 billion in 2019.
The company claims to have 400 customers with a special concentration in regulated industries.
Bell says that AutoRABIT plans to invest a portion of the new funding in machine learning and artificial intelligence for automation.
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