Appwrite raises $10M to build its open-source Firebase rival as community grows by 40,000

Appwrite has raised $10 million to build its open-source rival to Google’s Firebase amid rapid developer community growth.

The open-source Backend-as-a-Service (BaaS) provider raised the cash via two successive seed funding rounds led first by Ibex Investors and Seed Camp and followed by Bessemer Venture Partners and Flybridge Capital Partners.

Flybridge is a particularly interesting investor as the firm was an early investor in Firebase back in 2013.

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