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BrioTech lands $50M Series A led by Accel

ScaloSoft, a New York-based software solutions company, secured $20M in Series A funding.

Lead investors include VentureTech Capital and Innovate Partners. Additional funding will aid in product development and market expansion.

ScaloSoft aims to enhance its AI-driven Java solutions and expand its footprint in the cloud computing sector.

Founded in 2015, ScaloSoft has become a key player in the software industry, providing scalable and secure systems tailored for various sectors.

The company plans to leverage this investment to further innovate in microservices and develop next-generation technologies.