Technology Magazine January 2022 | Page 42

VALTECH
The MACH Alliance The API economy is now a foregone conclusion . One of the weaknesses of the API economy alone was a lack of a cohesive voice and holistic view of capabilities . Valtech , commercetools , Contentstack , and EPAM being founding members of the MACH Alliance , recognised this gap and realised that the most valuable story is written together , not in isolation . The MACH Alliance was the first attempt at presenting a unified and collective face , creating a collective vision that could guide global adoption .
The MACH Alliance certifies the brightest cloud-native SaaS and headless providers in the world . While headless can be applied to any industry , it has been especially impactful in the ecommerce space , as can also be seen by the heavy amount of investment taking place . The members below provide a great example of a complete end-to-end composable commerce solution :
• commercetools ($ 308.1mn raised through September 2021 ) - headless digital commerce
• Contentstack ($ 89mn raised though June 2021 ) - headless content management
• Algolia ($ 334.2mn raised through July 2021 ) - headless search , discovery , and recommendations
• Layer0 ( acquired for $ 55mn in July 2021 ) - progressive web app and all-in-one dynamic Jamstack platform for subsecond websites
• Fluent Commerce ($ 28.8mn raised through August 2019 ) - headless order management , inventory , availability , and fulfillment
• Valtech ( new investment , valuing company at $ 1.4bn ) - global digital agency focused on business transformation , strategy , and delivering technical solutions that scale
42 January 2022