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Paris-based Platform.sh, which offers tools to build web apps, raises a $140M Series D, bringing its total raised to $187M, and says ARR is up 50% YoY to $45M (Kyle Wiggers/TechCrunch)

Kyle Wiggers / TechCrunch:
Paris-based Platform.sh, which offers tools to build web apps, raises a $140M Series D, bringing its total raised to $187M, and says ARR is up 50% YoY to $45M  —  The growing complexity of web infrastructure is a challenge that many organizations face today.