Laravel is one of the PHP frameworks that are offered as open source and for free in developing various web applications. It is widely used worldwide by developers, and today, Laravel announced that it has received a $57 million funding injection to further expand their offering.
This injection of funds is expected to be used mainly in the development and offering of Laravel Cloud. It's a recently announced offering, making it easier for developers to continue publishing their Laravel applications as quickly as possible.
Unlike Laravel Forge or Vapor which use an external infrastructure provider, Laravel Cloud is a platform where Laravel manages the infrastructure and optimization completely. This makes it easier to manage and publish your Laravel application faster – in less than a minute, and easily optimized.
With this development, let's all look forward to what other innovations will be brought by the company focusing on this open source offering, and the next phase of Laravel.