UPDATE — IBM Participates in Strategic Investment in Lightbend

UPDATE — IBM Participates in Strategic Investment in Lightbend

Leading provider of Reactive and Fast Data platforms, Lightbend closes $15
million round

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
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