GenMyModel (cloud-based UML tool) raises 500.000 Euros

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genmymodel-logo-200x400-nobgAxellience, startup founded in 2012 and creator of the GenMyModel UML modeling tool, has raised 500.000 EUR to continue its development.

As they explain in a previous blog post, GenMyModel is a cloud-based UML tool for developers and software architects. Its main force: create UML-compliant models and generate code online, from a web-browser.

This news arrives less than a month after the Mendix funding (though at a completely different scale) confirming the interest that some investors see in modeling / MDE tools.

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