Manifold launches out of stealth with $18.5 million Series A

manifold

Halifax and San Francisco-based Manifold has launched with $18.5 million CAD from OMERS Ventures, Boldstart Ventures, Version One Ventures, Amplify Partners, and Leaders Fund. The funding also includes investment from angel investors Alex Bard, Daniel Debow, Matt Wyndowe, and Gavin Uhma, according to Entrevestor.

Manifold’s platform allows developers to find, buy, and manage several services – from email to logging – without being locked into a single cloud platform. The company launched with dev platforms Scout, Mailgun, LogDNA, and RedisGreen.

With Manifold, developers can manage all of these services in a single platform as they focus on building their apps.

“The modern development stack is complex. Until now, there has been no easy way for developers to discover and manage the mix of services needed to create modern applications without resorting to the one-size-fits-all offerings of the monoclouds,” said Jevon MacDonald, CEO and co-founder of Manifold. MacDonald is also notable for being the former CEO of GoInstant, which sold to Salesforce for over $70 million.

“This has stifled developer freedom and creativity, while also limiting the opportunity for innovative service providers looking to reinvent the way we build applications. Manifold has set out to change this, by providing a simple way for the best developers to connect with their favourite service providers.”

The funding will allow Manifold to build out its team, which already includes developers from Heroku, Salesforce, and Red Hat. It’s also working on expanding its roster of essential services.

“The opportunity in the developer services market is huge, and none of the major cloud players are focused on fostering the developer services ecosystem like the team at Manifold is,” said Brian Kobus, Partner at OMERS Ventures. “We are investing in Manifold because we believe their vision for the future of the industry is the right one, and this launch will be the first step in creating a new category of businesses within the cloud economy.”

Jessica Galang

Jessica Galang

Jessica Galang is BetaKit's News Editor.