Cloud infrastructure provider DigitalOcean Holdings Inc. (NYSE: DOCN) has acquired Nimbella, a serverless platform provider. The acquisition expands DigitalOcean’s capabilities in the fast growing function-as-a-service market. The company’s customers are developers in small and medium-sized businesses.

Serverless computing aims to simplify operational complexity in cloud-native environments for application developers. Another goal with serverless technology is to allow businesses to reduce development costs and increase productivity.

“Serverless computing is the next evolution of cloud that further removes the need for developers to manage complex infrastructure,” said Yancey Spruill, CEO at DigitalOcean. “People want to access the benefits of serverless capabilities without a significant learning curve and they want functionality and pricing that is easy to understand and predictable. Nimbella provides all of this with the same simplicity and open source software standards that are core value propositions for DigitalOcean.”