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The Venture Codex

Polybit

2390 30th Ave, San Francisco, CA, 94116, United States

Overview

Polybit, founded in 2016 by Keith Horwood and Jacob Lee in San Francisco, operates StdLib, a serverless platform aimed at commoditizing compute and standardizing API development. The company offers developer-facing tooling, including the newly released Code.xyz, an in-browser code editor and embeddable development environment for building APIs, webhooks, and workflow automation tasks that run on StdLib. Polybit emphasizes serverless technologies to simplify how companies create and deploy APIs and integrations. The company intends to use recent financing to accelerate StdLib’s product and API ecosystem development. To date Polybit has raised $4M in total funding, including a strategic $2M investment from Stripe. Polybit has also received a major investment from Slack and maintains an API partnership with YC-backed MessageBird. Polybit, operating as StdLib, offers a Function-as-a-Service (FaaS) platform and library available to developers worldwide. The platform lets developers ship Slack applications without managing servers and plug those apps into server-less APIs within StdLib. The company intends to use new funds to solidify Slack as the “operating system of businesses.” Polybit was founded in 2016 and is based in San Francisco, CA. Its technology focuses on enabling rapid Slack app development and seamless integration with other server-less services. Recent financing activity followed a $2M seed round announced weeks earlier.

Total raised
$2M
Funding rounds
2
Latest round
Seed
Latest activity
May 2018

Industries

  • Developer Tools
  • Information Technology
  • Internet
  • PaaS
  • Software
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Recent funding

  1. Seed

    May 2018

    $2M

Team