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§ Private Profile · Greater London, United Kingdom
Real-time data delivery platform and edge messaging infrastructure for developers to build live app features and global data streaming.
Ably Realtime has raised $81.0M across 3 funding rounds.
Key people at Ably Realtime.
Ably Realtime has raised $81.0M in total across 3 funding rounds.
Based in London, Ably Realtime provides a cloud computing infrastructure with APIs that enable developers to integrate real-time data streaming, chat, and multiplayer collaboration features into their applications. The company operates a global edge messaging network that currently delivers over 600 billion messages monthly to approximately 350 million active users and 300 million devices worldwide. Operating on a usage-based subscription pricing model, the platform serves enterprise engineering teams across the software, mobility, media, and global logistics sectors. Ably Realtime has raised $82 million in total venture funding and employs approximately 150 people, backed by lead investors including Insight Partners, Dawn Capital, and MMC Ventures. The enterprise software provider supports a diverse portfolio of corporate customers, including recognizable global brands such as Toyota and HubSpot. The company was founded in 2013 by Matthew O’Riordan and Dr. Paddy Byers.
Key people at Ably Realtime.
Ably Realtime has raised $81.0M across 3 funding rounds. Most recently, it raised $70.0M Series B in June 2021.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jun 1, 2021 | $70M Series B | Dawn Capital, Insight Partners | Blackbird Ventures Australia, Index Ventures, Morpheus Ventures, Bill TAI, Alan Vaksman, Forward Partners, MMC Ventures, Triple Point Ventures | Announced |
| Apr 1, 2020 | $10M Series A | DAN Bailey | Dawn Capital, Insight Partners, Kinnevik, Kreos Capital, Navitas Capital, MAX Tatton Brown, Munish Varma, Will Brooks, Will Martin, Forward Partners | Announced |
| Jul 13, 2017 | $1M Venture Round | Forward Partners | — | Announced |
Ably Realtime is a serverless infrastructure platform providing realtime data streaming capabilities, enabling developers to build instant, reliable, and scalable applications like chat, collaboration, notifications, and live updates.[1][2][3] It serves engineering teams and enterprises across sectors including gaming, IoT, healthcare, eCommerce, sports, media, automotive, and logistics, solving the challenges of maintaining global data streams with guarantees on low latency (6.5ms median), 100% uptime for five years, and 99.999999% message survivability.[1][3][4] Trusted by companies like HubSpot, NASCAR, and Webflow, Ably powers over 2 billion devices monthly across 80 countries, handling 2T+ API operations with simple APIs and SDKs for every tech stack.[1][3]
Ably was founded in 2016 by CEO Matthew O'Riordan and CTO Paddy Byers, following three years of research and development starting around 2013 to address gaps in existing realtime platforms that only met basic data update needs.[1][2] The idea emerged from a core belief that realtime infrastructure would become foundational for modern digital experiences, especially as more devices connect and AI demands instant, stateful interactions.[1] Early milestones included launching with multi-protocol interoperability and integrations for scalable device-to-server data streams, quickly gaining traction by powering billions of messages daily for startups to global enterprises.[1][2]
Ably rides the surge in realtime demands driven by AI agents, collaborative apps, IoT proliferation, and data-intensive services requiring constant motion of high-value data exchanges.[1][2] Its timing aligns with the shift from basic pub/sub to foundational infrastructure for the "internet of today and tomorrow," where existing platforms fall short on global scale and guarantees, enabling businesses to monetize streaming data via B2B APIs.[1][5] Market forces like exploding connected devices (billions online) and sectors like sports (e.g., NASCAR telemetry) and finance favor Ably's edge in reliability over competitors, influencing the ecosystem by simplifying developer access to realtime via open standards like OpenAPI and fostering innovation in logistics, gaming, and media.[3][4][5]
Ably is positioned to dominate as realtime becomes non-negotiable for AI-driven, stateful interactions and edge computing growth, potentially expanding via deeper AI integrations and DSX for enterprise data monetization.[1][2] Trends like multimodal AI agents and 5G/IoT expansion will amplify demand for its guarantees, evolving its influence from backend enabler to core layer in digital experiences—much like how it transformed basic updates into scalable, global realities since 2016.[1][5]
Ably Realtime has raised $81.0M in total across 3 funding rounds.
Ably Realtime's investors include Dawn Capital, Insight Partners, Blackbird Ventures Australia, Index Ventures, Morpheus Ventures, Bill Tai, Alan Vaksman, Forward Partners, MMC Ventures, Triple Point Ventures, Dan Bailey, Kinnevik.
