{"id":24045,"date":"2021-04-27T05:22:25","date_gmt":"2021-04-27T05:22:25","guid":{"rendered":"https:\/\/rbsitsoftwaresolution.com\/blog\/n8n-raises-12m-for-its-fair-code-approach-to-low-code-workflow-automation.html"},"modified":"2021-04-27T05:22:25","modified_gmt":"2021-04-27T05:22:25","slug":"n8n-raises-12m-for-its-fair-code-approach-to-low-code-workflow-automation","status":"publish","type":"post","link":"https:\/\/www.rbsitsoftwaresolution.in\/blog\/n8n-raises-12m-for-its-fair-code-approach-to-low-code-workflow-automation.html","title":{"rendered":"n8n raises $12M for its \u2018fair code\u2019 approach to low-code workflow automation"},"content":{"rendered":"<p id=\"speakable-summary\">As businesses continue to look for better ways to work more efficiently, a pioneer in the space of low-code tools to help automate how apps work together is announcing a round of funding on the back of impressive early traction.<\/p>\n<p>Berlin-based <a href=\"javascript:void(0)\">n8n<\/a> \u2014 which provides a framework for both technical and non-technical people to synchronize and integrate data and workflows \u2014 has raised $12 million in a Series A round of funding.<\/p>\n<p>The startup plans to use the money to continue expanding its team, which now numbers 60 people, and to expand its platform and the services it provides to users.<\/p>\n<p>Currently, n8n can help link up and integrate data and functions between more than 200 established applications, as well as any custom apps or services that you might be using in your specific organization. And since launching in October 2019, the startup has picked up an impressive 16,000 users \u2014 including both developers and \u201ccitizen developers\u201d (those whose jobs might be described as non-technical but they are not afraid to be more hands-on in trying to build in ways to work better).<\/p>\n<p>Now it wants to make the service easier for more of the latter group to get stuck in with using it.<\/p>\n<p>\u201cWe are still seen as a technical product and less of one for citizen developers,\u201d founder and CEO Jan Oberhauser said in an interview. \u201cOur plan is to make n8n simpler to use, so that it\u2019s much easier to adopt. We want to give everyone technical superpowers, whether it\u2019s the marketing team or the IT department.\u201d That means for example building not just chatbots but more intelligent ones, or creating new ways of visualizing data in Slack or something else altogether. And n8n\u2019s platform can also be used to build automation within products, for example to monitor performance and flag when something might need maintenance.<\/p>\n<p>The round is being led by\u00a0Felicis Ventures, with Sequoia Capital, firstminute Capital and Harpoon Ventures also participating. Sequoia and firstminute <a href=\"javascript:void(0)\">co-led n8n\u2019s seed round about a year ago<\/a>, which also included participation from Eventbrite\u2019s Kevin Hartz, Supercell\u2019s Ilkka Paananen and unnamed early employees of Google and Zendesk, among others. The startup has now raised around $14 million and is not disclosing valuation.<\/p>\n<p>There are a number of low-code and no-code startups on the market today and many of them have been seeing a surge of in interest in the last year. It\u2019s a trend I suspect was brought about in no small part by the arrival of COVID-19.<\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"8sNloOXbPA\">\n<p><a href=\"javascript:void(0)\">n8n, a \u2018fair code\u2019 workflow automation platform, raises seed from Sequoia as VC firm steps up in Europe<\/a><\/p>\n<\/blockquote>\n<p \/>\n<p>The pandemic not only led to more people working remotely and relying on apps and other cloud-based services to get what they needed to do done, but in many cases it led organizations to refocus on how they were working, and what could be improved. In some cases, it also has meant a severe tightening of belts, and so companies are needing to do more with less human power, another factor leading to more proactive efforts to use software to get more out of\u2026 software.<\/p>\n<p>That\u2019s meant more strain on IT teams, and that too has led to more people within departments themselves getting proactive in improving their own workflows.<\/p>\n<p>Other startups in the space include <a href=\"javascript:void(0)\">Bryter<\/a> (which <a href=\"javascript:void(0)\">raised a $66 million Series B<\/a> earlier this month) and <a href=\"javascript:void(0)\">Genesis<\/a> (which <a href=\"javascript:void(0)\">raised $45 million in March<\/a>), along with <a href=\"javascript:void(0)\">Zapier<\/a>, <a href=\"javascript:void(0)\">Airtable<\/a>, <a href=\"javascript:void(0)\">Rows<\/a>, <a href=\"javascript:void(0)\">Gyana<\/a>,\u00a0<a href=\"javascript:void(0)\">Ushur<\/a>,\u00a0<a href=\"javascript:void(0)\">Creatio<\/a>, <a href=\"javascript:void(0)\">EasySend<\/a> and <a href=\"javascript:void(0)\">CapivateIQ<\/a>, some of which are coming to the market with a variety of solutions targeting a set of generic tools, while others are building solutions for more narrow use cases.<\/p>\n<p>In the case of n8n, the company might be considered a \u201cpioneer\u201d in the space not just because of its focus on the growing area of low-code tools, but because of how it views the world of software.<\/p>\n\n<p>The basic approach n8n is taking is around the idea of \u201cfair code.\u201d This is somewhat similar to open-source, and is analogous to a freemium-style model for the concept. The code is available in a <a href=\"javascript:void(0)\">public repository<\/a> and the idea is that this will never disappear (one issue many enterprises face on the bleeding edge of tech: companies and their services sometimes shut down). However, n8n itself limits how much it can be used for free, before users start to pay to use it so that n8n can monetize its work, which it does in the form of consulting and integration services. (In the case of n8n, that limit <a href=\"javascript:void(0)\">looks to be up to a limit of $30,000<\/a> in support services revenues.)<\/p>\n<p>Oberhauser was an early proponent of the concept of n8n and he <a href=\"javascript:void(0)\">runs a site<\/a> dedicated to spreading the word. (You can also read about the different approaches to fair code, and some of what led to the creation of the concept, <a href=\"javascript:void(0)\">here<\/a>.)<\/p>\n<p>While basic and limited access to the code will remain free, and even as a company like n8n aims to make it easier and easier for non-developers to build integrations, there will be areas that need attention to make those services accessible to the people within an organization. For starters, there is the issue of setting up the basic integration connectors, especially in cases where the software a company is using is proprietary or customized.<\/p>\n<p>There is also another issue that is likely to become more prominent as low-code and no-code tools continue to grow in popularity, and that is security. While IT departments may not have oversight of every single integration, neither will the security teams, which means that new data vulnerabilities might well become more commonplace, too. For all of these reasons, n8n is betting that there will still be some integration and consulting involved in implementation.<\/p>\n<p>\u201cAlmost every company needs help connecting outside and internal systems, to make it easier for people to get started,\u201d Oberhauser said.<\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"rHxUW3EfdO\">\n<p><a href=\"javascript:void(0)\">As low-code startups continue to attract VC interest, what\u2019s driving customer demand?<\/a><\/p>\n<\/blockquote>\n<p \/>\n<p>Aydin Senkut, founder and managing partner of Felicis Ventures, who led the round, said that what attracted him to n8n was the extensibility of the platform \u2014 that it could be applied not just for app integration and workflow automation in those apps but a much wider set of use cases \u2014 and the very early traction of 16,000 users that it\u2019s picked up with very little fanfare, a sign that the service has some stickiness and usefulness to it.<\/p>\n<p>And the fact that it lets developers \u2014 \u201ccitizen\u201d or otherwise \u2014 play with so many options is also a key part of it.<\/p>\n<p>\u201cW<span>e feel that data is the new oil, and one of the special things here is not just low or no-code <em>per se<\/em>, but how n8n is making it seamless and easy to connect tens or even hundreds of apps.\u201d Senkut said that it reminded him a little of Felicis\u2019 early investment in Plaid. \u201cEssentially, the more data and APIs you have the more valuable the company can be. I think to measure the potential of a company, look at the APIs. If you can connect disparate things together, that is key.\u201d<\/span><\/p>\n<p>Article source: http:\/\/feedproxy.google.com\/~r\/techcrunchIt\/~3\/OKyYJfgujs8\/<\/p>","protected":false},"excerpt":{"rendered":"<p>As businesses continue to look for better ways to work more efficiently, a pioneer in the space of low-code tools to help automate how apps work together is announcing a <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[19],"tags":[25],"class_list":["post-24045","post","type-post","status-publish","format-standard","hentry","category-enterprise-software","tag-enterprise"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 5.0.3 - aioseo.com -->\n\t<meta name=\"description\" content=\"As businesses continue to look for better ways to work more efficiently, a pioneer in the space of low-code tools to help automate how apps work together is announcing a round of funding on the back of impressive early traction. 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