UPDATE — IBM Participates in Strategic Investment in

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
537
UPDATE — IBM Participates in Strategic Investment in Lightbend

SAN FRANCISCO, July 13, 2017 (GLOBE NEWSWIRE) -- Lightbend — the provider of the world's leading Reactive Application development platform for building distributed applications — today announced the close of a $15 million funding round. Investors participating in the round include Bain Capital Ventures, Blue Cloud Ventures, IBM, Intel Capital, Juniper Networks and Shasta Ventures.

IBM, which is participating in the round, in June announced a strategic collaborative development initiative with Lightbend to help advance the development of artificial intelligence (AI) and cognitive solutions in the enterprise. The resulting joint solutions will be designed to provide a complete toolchain for Java and Scala developers to easily build and deploy AI and cognitive applications in both on-premise and cloud environments. The Lightbend Reactive Platform is anticipated to be available in the coming weeks through IBM’s Marketplace as an integrated bundled solution with WebSphere Application Server.

Enterprises including Credit Karma, Hootsuite, iHeartRadio, LinkedIn, Norwegian Cruise Lines, UniCredit Group, Verizon, Walmart, Weight Watchers, William Hill, and many more ( see case studies ) have adopted the Lightbend Reactive platform to build low latency, fast data applications based on modern microservice architectures. Lightbend’s platform and professional services have become a popular option for enterprises that leverage the Java Virtual Machine (JVM) and JVM-languages like Java and Scala – and that seek the characteristics of application resiliency and extreme scale defined by the Reactive Manifesto .

The Lightbend Reactive Platform is powered by an open source core and brings developers important capabilities across reactive programming, data streaming and microservices. IBM will integrate these capabilities across its cloud platform and portfolio of cloud services, including data analytics, cognitive and machine learning, and collaborative data science tools, which will be designed to extend new capabilities to Java and Scala communities. Developers in both enterprises and startup businesses will be able to take advantage of the latest cognitive and AI technologies and to leverage existing Websphere investments.

“This investment from IBM and the development work we’re embarking upon is a natural progression of our work to support advanced cognitive application development. As the leader in cognitive and AI, IBM brings important code and tools to our customers and the Java and Scala communities,” said Mark Brewer, President and CEO, Lightbend. “IBM’s support of Lightbend and the Reactive Platform is a validation of our shared vision for helping developers build distributed applications for the new world of cloud computing architectures.”

“The use of the Lightbend Reactive Platform is essential to building today’s modern infrastructures. Lightbend represents IBM’s continuous commitment to the Java and Scala communities. Java and Scala are the languages of cognitive and AI development, and cognitive development is the future,” said Bob Lord, Chief Digital Officer, IBM. “The collaboration between IBM and Lightbend will help enterprise developers build cognitive applications and accelerate the era of cognitive computing.”

The strategic investment includes a collaboration in which IBM and Lightbend will create new code, tools and documentation that will help developers build Java- and Scala-based applications on the Lightbend Reactive Platform. It is anticipated to integrate WebSphere and key offerings across IBM Cloud, including app management services, the Watson Data Platform and the more than 150 services across cognitive intelligence, data analytics, Internet of Things, security, DevOps, and blockchain available to developers through the IBM Cloud. IBM and Lightbend have a history of collaboration and this strategic investment will allow enterprise developers to both reap the benefits of the Lightbend Reactive Platform while integrating IBM’s leading cognitive development tools, resources and support.

About Lightbend Lightbend (Twitter: @Lightbend) provides the leading Reactive application development platform for building distributed applications. Using microservices and fast data on a message-driven runtime, enterprise applications scale effortlessly on cloud computing architectures. Many of the most admired brands around the globe are transforming their businesses with our platform, engaging billions of users every day through software that is changing the world. For more information on Lightbend, visit: https://www.lightbend.com .

IBM Media Contact Amanda M. Carl IBM Corporate Communications P. 570.236.4032 amcarl@us.ibm.com Twitter.com/AmandamCarl Lightbend Media Contact Lonn Johnston Flak42 P. +1 650.219.7764 lonn@flak42.com

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Teamsters Secure Landmark Deal for SF Parking Workers

Updated Category News Views 3

Major Win for San Francisco's Parking Professionals Parking lots and garages across San Francisco might not be the first places you’d look for labor triumphs, but that’s exactly what almost 1,000 members of Teamsters Local 665 have achieved. Under a newly ratified four-year master contract, these parking pros snagged one of the richest deals the industry has seen. A...

Continue Reading
Mexico's Beaches Shine in 2026 Best America Rankings

Updated Category News Views 4

Mexican Shores Turning Heads in 2026 This isn’t just another wave in tourism news; it’s a tidal shift towards Mexico’s sizzling beaches claiming some prime spots on the global travel stage. If you’ve got an eye for tourism dynamics, listen up because Mexico’s sun-soaked shores just snagged six spots among the top 20 beaches in the Americas, according to the...

Continue Reading
Ajman Tourism Department Hits Internal Audit Milestone

Updated Category News Views 2

A Nod to Standards in Ajman's Tourism Department Folks, it's not every day you see a government department get this kind of spotlight in the internal audit arena, yet here we are. The Ajman Department of Tourism, Culture and Media has snagged Full Conformance with Internal Audit Quality Standards. That’s not just some random feather in their cap but a signal flare in...

Continue Reading
Raken Debuts Change Orders: A Game-Changer for Builds

Updated Category News Views 2

Construction Gets a Streamlined Boost with Raken's New Tool In construction, chaos often partners seamlessly with progress. But Raken is stepping in to shake things up a bit. This isn’t just another run-of-the-mill software update; this is Raken flexing its muscles in the construction tech arena. They’ve rolled out Change Orders, enhancing their project management...

Continue Reading
Hexaware Teams with Anthropic for Game-Changing AI Move

Updated Category News Views 3

A Bold AI Partnership on the Horizon Mutual back-slapping or a deal with authentic grit? Hexaware’s latest tango with Anthropic might just be the jolt enterprises need. Announced under the flickering fluorescent lights of Mumbai, London, and Iselin, Hexaware’s multi-year partnership with Anthropic thrusts Claude, their razor-sharp AI, right into the mix of...

Continue Reading
Aspen Dental Brings Comprehensive Care to Whiteville

Updated Category News Views 4

Bringing Dentistry Closer to Home Now, Whiteville's dental game just got a power-up, with Aspen Dental setting up shop in town. This isn't just another practice popping up—it's a full-on dental hub offering everything from regular cleanings to emergency tooth fixes. And let’s face it, this area's diverse population needs it. The Man Behind the Chair Guess who’s at...

Continue Reading
Lupin Secures FDA Nod for Key Injectable Drug

Updated Category News Views 2

Lupin's FDA Approval: A Strategic Play in Pharmaceuticals Ah, the thrill of a new approval! Lupin Limited has landed U.S. FDA approval for their Phytonadione Injectable Emulsion, marking a significant stride into the lucrative realm of vitamin K treatments. This approval isn't just a feather in Lupin's cap—it's a calculated move to corner a piece of the estimated $52.3...

Continue Reading
Ardelyx Securities Fraud Suit: Key Investor Moves

Updated Category News Views 4

Fraud Allegations: Ardelyx Under the Microscope Looks like Ardelyx has found itself neck-deep in trouble, facing a class action lawsuit over alleged securities fraud. This isn't just a storm in a teacup. We're talking about accusations of false and misleading statements tied to their commercial performance—statements that might have left investors holding the bag with...

Continue Reading
CME Group Unveils First Baseball Futures Market

Updated Category News Views 4

A New Pitch in the Financial Ballpark Alright, listen up: CME Group is stepping up to the plate with a game-changer. They’re rolling out the world’s first baseball futures, launching October 12, assuming regulators give the green light. Now, this isn’t just some novelty act; it’s based on the solid groundwork of their FutureSports Performance Indexes (CME FSPI),...

Continue Reading
Full Sail University Bags Billboard Music School Honor

Updated Category News Views 4

Full Sail Scores a Billboard Nod — What's the Big Deal? Alright, Full Sail University just snagged a spot on Billboard Magazine's 2026 Top Music Business Schools list. That's no small fry, folks. This Florida institution has been carving out a niche in the music business education scene with a hands-on learning approach that hits the nail right on the head. The Recipe...

Continue Reading

Top 5 Most Recently Viewed Articles

Tralent Unveils Competitive Trading Platform with Rewards

Updated Category News Views 223

Revolutionizing Trading through Skill-Based Competitions Tralent, an innovative trading platform, has recently introduced its brand-new capability for traders around the globe to participate in skill-based tournaments. This exciting platform enables traders to engage in real-time competitions that reward top participants with substantial cash prizes on a daily basis....

Continue Reading
Liquidity Services to Showcase Innovations at IDEAS Conference

Updated Category News Views 119

Liquidity Services Excited to Participate in Leading Conference Liquidity Services (NASDAQ:LQDT), a prominent player in the global commerce landscape, is gearing up for an exciting opportunity at the renowned IDEAS Conference. Bill Angrick, the Co-Founder, Chairman, and CEO of the company, will take the stage at this major event, occurring Wednesday at a key venue....

Continue Reading
Revolutionary Ginsenoside Redsenol-1 Plus Gains NCI Accreditation

Updated Category News Views 164

Redsenol-1 Plus Officially Recognized by the National Cancer Institute Significant Progress in Botanical Therapeutics Canada Royal Enoch Phytomedicine Ltd., a pioneer in ginseng and ginsenoside research, is thrilled to announce that its innovative supplement, Redsenol-1 Plus Noble Ginsenosides, has achieved a remarkable milestone. This ginsenoside supplement has been...

Continue Reading
2025 Conference on Stormwater Resilience Set to Transform Infrastructure

Updated Category News Views 277

2025 Collection Systems & Stormwater Conference Announcement The Water Environment Federation (WEF) and the Water Environment Association of Texas (WEAT) are thrilled to present the upcoming Collection Systems & Stormwater Conference 2025. This event is set to take place in July, merging WEF's expansive knowledge with WEAT's local expertise to tackle the urgent matters...

Continue Reading
Understanding the Treasury Bonds Auction Results for RIKB 27 0415 and RIKB 38 0215

Updated Category News Views 260

Overview of the Treasury Bonds Auction Results In recent financial activities, the auction results for two important Treasury Bonds, specifically RIKB 27 0415 and RIKB 38 0215, were released. These results are critical for investors and analysts as they provide insights into market sentiment and the performance of government securities. Detailing the Auction Results The...

Continue Reading