ChiselStrike

ChiselStrike in its $7 million seed funding round

Client

ChiselStrike

Value

$7 million

Service

Emerging and High Growth Companies

Date Closed

July 2022

Industry

Technology

Lead Office

Toronto

 

On July 27, 2022, ChiselStrike announced it had raised $7 million in seed funding led by Norwest Venture Partners, with participation from new investors Blumberg Capital and Netlify's Jamstack Innovation Fund and return investors Essence VC, First Star Ventures and Mango Capital. This funding will allow ChiselStrike to accelerate the development of its open source serverless backend developer platform.

ChiselStrike provides an open source backend development platform that can manage backends from prototype to production, with built-in security, compliance and scaling.

Osler, Hoskin & Harcourt LLP advised ChiselStrike with a team consisting of Gary Marshall, Chad Bayne and Jordana Corber-Tovel (Emerging and High Growth Companies).