Netlify Scores $105 Million Investment

<p><strong><span class&equals;"xn-location">SAN FRANCISCO<&sol;span> <&sol;strong>&&num;8212&semi; <u>Netlify<&sol;u>&comma; which offers technologies to build&comma; deploy&comma; and scale modern web applications&comma; has raised <span class&equals;"xn-money">&dollar;105 million<&sol;span> in funding&comma; valuing the company at <span class&equals;"xn-money">&dollar;2 billion<&sol;span>&period; Bessemer Venture Partners led the Series D round&comma; with participation from the company&&num;8217&semi;s existing investors Andreessen Horowitz&comma; BOND&comma; EQT Ventures&comma; <span class&equals;"xn-person">Kleiner Perkins<&sol;span>&comma; Mango Capital and Menlo Ventures&period;<&sol;p>&NewLine;<p>The Jamstack movement has changed the trajectory of the web by decoupling backend and frontend technologies&period; Today&comma; the Jamstack provides nearly limitless choices to developers designing the best customer experiences in web applications&period; With this new infusion of capital&comma; Netlify will accelerate the creation and adoption of modern web technologies and unite the Jamstack in a seamless platform for composing web apps with the best developer experience&period;<&sol;p>&NewLine;<p><b>Uniting the Jamstack Ecosystem with the Netlify Platform<br class&equals;"dnr" &sol;><&sol;b>Millions of developers have already been using the Jamstack to create dynamic&comma; scalable&comma; secure apps&comma; but often must build their own middleware and workstreams to connect the now decoupled tools and technologies needed for development&period; To deliver the speed and agility that developers need when moving to a modern Jamstack architecture&comma; Netlify continues to expand its platform to provide a workflow and productivity that natively integrates with every major web framework&comma; API and developer tool&period;<&sol;p>&NewLine;<p><b>Netlify is also announcing the acquisition of OneGraph<&sol;b>&comma; a powerful GraphQL platform that simplifies the integration and management of APIs and services that web apps now rely on&period; The OneGraph team and technology will drive a new wave of innovation in the Netlify platform&comma; making it even easier to compose apps using the best developer tools available&period;<&sol;p>&NewLine;<p>&&num;8220&semi;The innovation happening within the Jamstack ecosystem is a powerful preview of what the modern web will become&comma;&&num;8221&semi; said Matt Biilmann&comma; CEO and co-founder&comma; Netlify&period; &&num;8220&semi;This latest investment will bolster the ecosystem at both the technical and community levels&comma; empowering developers around the world to become the composers of the modern web&period;&&num;8221&semi;<&sol;p>&NewLine;<p><b>Fueling Jamstack Ecosystem to Transform the Web<br class&equals;"dnr" &sol;><&sol;b>Netlify says it is creating the <b>Netlify Jamstack Innovation Fund<&sol;b>&comma; with a goal to invest <span class&equals;"xn-money">&dollar;10 million<&sol;span> and provide business support for emerging companies that are defining the next decade of the modern web in the Jamstack ecosystem&period;<&sol;p>&NewLine;<p>Because Netlify believes the modern web is open&comma; the company is also making a <b>commitment to invest <span class&equals;"xn-money">&dollar;1 million<&sol;span><&sol;b> in direct open source project sponsorships&comma; project promotions and upstream contributions from a dedicated development team&period;<&sol;p>&NewLine;<p>&&num;8220&semi;Netlify doubled the number of developers who have used their platform this year&comma; and the Jamstack ecosystem is growing equally as fast&comma;&&num;8221&semi; said <span class&equals;"xn-person">Jay Simons<&sol;span>&comma; General Partner&comma; BOND&period; &&num;8220&semi;Matt&comma; Chris&comma; and the team are true developer champions and are delivering a premium experience for the builders of the web&period; We&&num;8217&semi;re happy to support Netlify as it becomes the next big developer-first success story&period;&&num;8221&semi;<&sol;p>&NewLine;<p>An estimated 16&percnt; of the internet population visits a Netlify-powered website monthly&period; Over two million developers have used Netlify and customers like Adyen&comma; Affirm&comma; AutoDesk&comma; Box&comma; H&amp&semi;R Block&comma; Klépierre&comma; Okta&comma; ServiceNow&comma; Twilio&comma; Unilever and VMware are building&comma; deploying and scaling their web applications on Netlify&&num;8217&semi;s platform&period; The company has raised <span class&equals;"xn-money">&dollar;212 million<&sol;span> in funding to date&period;<&sol;p>&NewLine;

Editor

Enervenue Names New CEO, Closes $300 Million Round

FREMONT -- EnerVenue Holdings, a company commercializing energy storage solutions designed to behave like durable…

13 hours

Sandisk Joining Nasdaq 100 Index

Nasdaq announced that memory provider Sandisk Corporation will be added to the prestigious Nasdaq-100 Index…

14 hours

Bloom Energy Soars on Oracle Partnership

SAN JOSE -- Bloom Energy has announced an expanded partnership with Oracle to support the rapid…

14 hours

Luminai Lands $38 Million Series B

SAN FRANCISCO -- Luminai, an AI-native enterprise automation platform built for healthcare operations, has closed a $38…

3 days

Meta Teams Up With Arm for New CPUs

Meta has formed a partnership with British semiconductor firm Arm to develop a new class…

3 days

SiFive Valued at $3.65 Billion With $400 Million Series G

SANTA CLARA -- SiFive, a chip design firm, has raised $400 million in an oversubscribed…

3 days