tl;dr - Laravel took a $57M Series A investment from Accel, Taylor Otwell continues to lead as CEO, & Laravel is doubling down on building powerful products for Web Artisans.
I’m excited to announce that Laravel has raised a $57M Series A in partnership with Accel.
I believe that Laravel is the most productive way to build full-stack web applications, and Laravel Cloud will be the platform for shipping those applications that this community deserves.
Since partnering with Accel, we’ve started building a world-class engineering and leadership team to shape the future of shipping and monitoring Laravel and PHP applications. This has already resulted in Laravel Cloud (see my demo from Laracon) and another exciting product to-be-announced at Laracon AU in November.
This is a big change for Laravel, but here are some important take-aways:
First, I’m not going anywhere. I’m still leading Laravel as CEO, and I’m working closely with all of our teams to ensure we’re building the best products possible for our community.
Second, we remain committed to open source. Since partnering with Accel, we’ve hired additional engineering support dedicated to open source development. I also remain the primary curator of all features in the Laravel framework. Inertia 2.0 and our first-party VS Code extension are a direct result of our increased open source engineering capacity. Accel deeply understands open source and developer focused tooling, with previous investments in Sentry, Vercel, and Linear.
I share more thoughts about this investment and what Laravel Cloud means for me and the community in this video.
Thank you.
