Snapt, a Johannesburg, South Africa-based provider of load balancing, web acceleration and security software, received $1m in growth funding.
Convergence Partners made the investment.
The company intends to use the funds to continue to expand operations.
Launched in 2012 and led by Dave Blakey, CEO, Snapt is a global provider of virtualized and cloud-based load balancing, web acceleration and security software. The company offers a startup package at USD 55 per month, which includes 24/7/365 service availability and an average response time of three minutes.
Snapt, which recently opened its first US offices in Atlanta, has built a client base of 10,000 customers stretching across 50 countries.