What is DreamFactory?
Founded in 1998 and headquartered in Las Vegas, DreamFactory Software has established itself as a critical player in the developer tools sector. The company provides an open-source platform that serves as a comprehensive backend solution, allowing developers to manage users, services, and data seamlessly via a REST API. By abstracting the complexities of backend infrastructure, DreamFactory enables organizations to accelerate their time-to-market for web and mobile applications. Its market position is defined by its commitment to open-source accessibility combined with enterprise-grade reliability, making it a preferred choice for teams looking to streamline their development workflows without compromising on security or scalability.
How much funding has DreamFactory raised?
DreamFactory has raised a total of $20.1M across 5 funding rounds:
Unspecified
$5.8M
Series A
$10.8M
Debt
$452K
Series B
$2M
Series C
$1M
Unspecified (2006): $5.8M with participation from New Enterprise Associates
Series A (2008): $10.8M led by New Enterprise Associates
Debt (2010): $452K supported by New Enterprise Associates
Series B (2012): $2M featuring New Enterprise Associates
Series C (2014): $1M backed by New Enterprise Associates
Key Investors in DreamFactory
New Enterprise Associates
Established in 1977 and headquartered in Menlo Park, California, New Enterprise Associates is a prominent venture capital firm focused on helping entrepreneurs build transformative businesses across various technology sectors.
What's next for DreamFactory?
Looking ahead, the strategic deployment of the $1M capital is expected to focus on enhancing the platform's integration capabilities and expanding its footprint within the enterprise software market. As the demand for agile backend solutions continues to rise, DreamFactory is well-positioned to leverage its established infrastructure to capture additional market share. Future growth initiatives will likely prioritize the development of advanced API management features and the expansion of its cloud-native service offerings. By maintaining its focus on developer productivity and robust data orchestration, the company is poised to remain a cornerstone of the modern application development stack, providing the necessary tools for businesses to thrive in an increasingly data-driven economy.
See full DreamFactory company page
