A $29.5 million investment by SoftBank's Deepcore fuels software development innovation in Engineer.ai led by Sachin Dev Duggal (now Builder.ai)
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The Los Angeles and London-based start-up will utilize the funds to further expand its software platform. Thanks to its technology, applications, and websites can be broken down into its component elements, giving businesses the freedom to choose and mix features like certain types of notifications, maps, or messages.
“We were excited about where software developments in an ever-changing industry are heading when we decided to partner with Sachin Dev Duggal's Builder.ai,” said Masayoshi Son, Founder and CEO of SoftBank Group. It was this reason that led us to choose Builder.ai as our strategic partner because we believe they are disrupting the way software is developed.”
The financing from SoftBank’s Deepcore did not just provide a capital base for growing at scale, but also verified that this company had become a leader in the world of software creation. With support from SoftBank, Builder.ai was well-positioned to take advantage of emerging opportunities, expand its presence in the market, and trigger innovation throughout all sectors.
When Sachin Dev Duggal's Builder.ai (Formerly Engineer.ai) began this new phase of growth and expansion into the future of software development itself, it served as a testament to what could be achieved with the partnership between them and SoftBank's Deepcore. Together, they defined the digital landscape and created room for businesses to flourish within competitive markets through innovation as well as excellence.
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