“No-code” application development company Unqork Inc. is hoping to make a bigger splash in the enterprise after landing a chunky $80 million in a new round of financing today.

CapitalG, a growth equity investment fund owned by Google LLC parent Alphabet Inc., led the Series B round, which also saw the participation of existing investors. It brings Unqork’s total amount raised to more than $110 million.

Unqork is one of a host of companies making waves in application development. The company provides an easy way to build new apps for enterprise tasks by piecing together components using a simple drag-and-drop interface.

The platform has proved to be popular, especially among financial services companies. Unqork counts the likes of The Goldman Sachs Group, Inc., John Hancock Life Insurance Co. and Liberty Mutual Group among its customers.

Unqork competes with a host of other application development tools, including startups such as Appian Inc. and Mendix Inc., and bigger players such as Microsoft Corp. with its PowerApps platform, Google with its App Maker offering and Salesforce.com Inc. with its Lightning platform. Those competing platforms are similar in that they also try to make it easy to build new applications by combining various components, but Unqork Chief Executive Officer Gary Hoberman said his company is unrivaled when it comes to simplicity.

“Those rivals are ‘low-code’ platforms, but Unqork is a truly ‘no-code’ platform,” Hoberman said. “The difference is tremendous. Low-code platforms are really just developer productivity tools, they speed up the production of code and result in a complex codebase that must be maintained year after year, project after project.’

By contrast, he added, Unqork has no code base that’s exposed or editable. “The application is built visually in the platform and runs directly from the visual configuration,” he said. “There is simply no code.”

Hoberman said Unqork offers training programs can teach a business analyst who knows nothing about coding to become an adept builder of applications in just three months. Meanwhile, a trained engineer can learn the platform in about three weeks, he said.

As part of the new investment, Unqork will be expanding operations into additional markets and industries and growing its engineering team.

Image: Unqork