Yottaa, a Boston, MA- and Beijing-China-based provider of solutions for mobile and web experience acceleration, closed a $16m financing.
The round was led by new investor Intel Capital, with participation from existing investors General Catalyst Partners and Stata Venture Partners.
The company intends to use the capital to accelerate investment in its hybrid cloud network, build its sales and marketing operations, and grow its engineering team in its Boston and Beijing headquarters.
Led by Coach Wei, CEO, Yottaa provides a mobile and web performance platform that enables end to end acceleration, protection and visibility for web applications across the wired and wireless web, delivering speed, scale, security and actionable insight. Running on a global network of over 30 data center locations, Its carrier-class performance automation service is used by websites across eCommerce, financial services, media, software-as-a-service, consumer goods, business services, electronics, and enterprise software.
Customers G20 government sites, Fortune 500 companies, and startups approaching IPO, including online brands such as PC Mall, Bayer, H&R Block, Fossil, HubSpot and Logitech.