Frontegg Announces $5M Seed Round for First of Its Kind SaaS-as-a-Service Platform Aimed at Accelerating Global SaaS Innovation

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TEL AVIV, Israel, Oct. 14, 2020 /PRNewswire/ — Frontegg, creators of the first platform for fast-tracking SaaS development and innovation, today announced a $5M Seed round led by Pitango, with backing from i3 Equity and Global Founders Capital. Frontegg liberates dev teams from the burden of building SaaS capabilities that have become de-facto standards in the landscape of modern SaaS products. The company is set out to accelerate innovation in the global SaaS market, projected to reach over $116 billion in 2020[1], with over 80 percent of companies planning to offer SaaS by 2022[2].
Frontegg provides a set of pre-built, essential SaaS product capabilities that easily integrate within any new or existing SaaS application. By seamlessly plugging Frontegg into their apps, dev teams can focus on perfecting the truly differentiating and valuable features at the heart of their SaaS offering. As a result, Frontegg’s “SaaS Essentials” as a Service platform empowers organizations of all sizes to accelerate the delivery and the on-going enhancements of enterprise-grade SaaS applications.
“Before AWS, engineering teams had to scale their own infrastructure. Before Kubernetes, DevOps teams were confined to assembling their own container orchestration and management solutions. These platforms liberated software organizations from dealing with these non-core, yet critical tasks while …

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