CodeMark | Open-Source Low-Code Development Platform ILLA Cloud Closes Several-Million-Dollar Angel Round, Led by Source Code Capital

#CodeMoment Key Updates from Source Code Capital and MaHui Members

ILLA Cloud (艾拉云科), an open-source low-code development platform for developers, announced the completion of a multi-million-dollar angel round. The round was co-led by Source Code Capital and Hillhouse. The funds will be primarily used for product R&D and market expansion.

Founded in late 2021, ILLA Cloud maintains R&D centers in Beijing and Shenzhen. Its core products are twofold: ILLA Builder, an open-source low-code development platform for developers, and ILLA Design, an open-source front-end component library — both already published on GitHub. ILLA aims to help developers comprehensively improve the efficiency of building internal tools.

Longbo Chen, Founder and CEO of ILLA Cloud, said: "Low-code has become an indispensable part of the R&D pipeline as a new development paradigm. Development tools focused on internal-tool scenarios are thriving, and we hope to use advanced tooling to free developers from inefficient internal-tool development and significantly enhance their experience in building these tools. We also hope to leverage the natural globalization advantages of open-source products to build excellent developer tools together with the community."

ILLA product screenshot

Four Key Features, Minute-Level Development:

1. ILLA is an open-source development tool built for developers. Unlike traditional no-code/low-code tools, ILLA Builder is characterized by "JS-driven + rapid deployment." Developers can directly use JavaScript to drive business logic, use canvas tools for layout, and deploy directly through ILLA itself — achieving a "minute-level development, second-level deployment" experience.

2. ILLA is friendly to all developers. The tool itself has no complex learning curve, nor does it require mastery of sophisticated front-end knowledge. With simple JavaScript syntax, developers can create business logic and quickly build polished pages through drag-and-drop, helping engineers rapidly realize their ideas.

3. ILLA Builder comes with built-in connectivity capabilities. Without any server-side development, developers can connect directly to mainstream infrastructure products, SaaS platforms, databases, and internal APIs through simple SQL or API configuration — enabling truly rapid development with instant response.

4. ILLA Design includes a variety of built-in component capabilities — calendars, buttons, forms, and more — helping developers quickly fulfill requirements without building foundational components or styling from scratch. The continuously updated component library and capabilities maximally satisfy developer needs, while plugin capabilities support custom components for specific requirements, truly delivering an efficient "focus-only-on-logic" development experience.

According to a Gartner report, low-code development tools are expected to go mainstream within the next two to five years, with the global low-code/no-code platform market projected to reach $65 billion by 2027. As a developer-facing low-code tool, ILLA has strong growth prospects.

Zihang Li of Source Code Capital said: "Low-code's support for the development ecosystem aligns with the broader trend of digitalization. While addressing complex business workflows, low-code platforms are deeply integrated with enterprises to accelerate innovation and execution in rapidly shifting markets. ILLA's founding team has been honed at major tech companies and possesses deep understanding of enterprise pain points. We look forward to ILLA staying true to its vision, refining its product, and delivering value through innovation."

As an open-source-driven technology company, ILLA Cloud will remain committed to standing with developers, deepening its presence in the low-code industry, and building cutting-edge developer tools to contribute to improved developer efficiency.

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