Development Management Platform Convex Closed $26 Million Series A Funding Round Led by a16z

Convex, a development management platform, has closed a $26 million Series A round of funding led by a16z. Martin Casado, Partner at a16z, is reportedly joining the Convex board. The platform will open its beta version to developers in the coming weeks. Convex is a global state management platform for web developers designed to simplify the storage and synchronization of shared state in applications. Developers can use JavaScript or TypeScript functions to interact with their shared state and bind that state to reactive applications.