ToolJet, an open-source platform for low-code developers, has received money from GitHub and M12, Microsoft's venture arm, the business announced. The investment's dollar sum has not been made public. Prior to its establishment in 2021, ToolJet raised $6.1 million from venture capitalists and angel investors including Nexus Venture Partners, Ratio Ventures, Better Capital, January Capital, and others.

ToolJet will use the funding to expand its personnel and develop its artificial intelligence (AI) capabilities within the platform. At ToolJet, Navaneeth Padanna Kalathil serves as both founder and CEO. Prior to that, Kalathil cofounded MobioPush, which Freshworks acquired in 2015.

The M12 GitHub Fund cofounder and partner Priyanka Mitra stated, "We are committed to supporting ToolJet in their mission and are impressed by Navaneeth and the Tooljet team and their approach to low-code enterprise app building via the engagement of the open source community. We believe that low-code development is a key way for businesses to accelerate their innovation.

On GitHub, ToolJet has around 20,000 stars and 350 contributors, and it is well-liked by developers and teams working for Fortune 500 businesses, scaleups, and startups all over the world. Users may control their data even without internet connectivity thanks to the platform's safe on-premise installation option. JavaScript-based plugins are integrated into its open-source technology for customization and extensibility.