Nx secures $16M to advance 'monorepo' tooling for software devs

Nx, a startup specializing in simplifying software development within a single code repository, has successfully raised $16 million in a Series A funding round from Nexus Venture Partners and a16z.

The funding will be directed towards enhancing Nx Cloud, their fully managed product, positioning it as an attractive alternative to established continuous integration tools like Jenkins.

The pandemic forced many development teams to work remotely, shedding light on the challenges of siloed development and the benefits of using 'monorepos' that consolidate codebases.

Founded by Jeff Cross and Victor Savkin, former members of Google's Angular team, Nx aims to simplify the storage of interconnected apps and libraries within a shared code repository. Nx and Nx Cloud, the cloud-hosted version, focus on accelerating product development by consolidating all aspects into a single repository. Their intelligent build processes optimize performance, reduce build times, and boost developer efficiency.

While monorepos have various advantages, including the ability to reuse code and improve collaboration, they also face challenges such as increased storage requirements and limited access control.

Nx recognizes that monorepo may not be right for every organization, but notes the significant demand for it. The company boasts hundreds of subscribers and more than 15 million monthly installations of its open source Nx project, indicating a growing interest in the practice of monorepo development.