Nginx Raises $43M in Series C Funding

Nginx, Inc., a San Francisco, CA-based open source project offering a suite of technologies designed to develop and deliver modern applications, raised $43m in Series C funding.

The round, which brings total funding to $103m, was led by Goldman Sachs Growth Equity (GS Growth), a platform within Goldman Sachs’ Merchant Banking Division. In conjunction with the funding, David Campbell, a Managing Director in Goldman Sachs’ Merchant Banking Division will join the Nginx’ board of directors.

The company intends to use the funds to enhance its Kubernetes Ingress controller, Istio service mesh, and API gateway solutions, introduce a commercial version of Unit, a dynamic web and application server, and Controller, a centralized monitoring and management tool, introduce a new, global channel program and open additional offices to meet increasing demand, particularly in the APAC region, and expand existing partnerships in the microservices ecosystem, including platform providers AWS, Docker, Google Cloud, IBM, Microsoft Azure, Red Hat and VMware and solution providers Datadog, New Relic, Okta, Ping Identity and Splunk.

Led by Gus Robertson, CEO, Nginx is an open source company offering a suite of technologies for developing and delivering modern applications. The NGINX Application Platform enables enterprises undergoing digital transformation to modernize legacy, monolithic applications as well as deliver new, microservices-based applications.
The company, which currently serves companies like Netflix, Starbucks, and McDonalds, among others, has EMEA head office in Cork, Ireland and APAC head office in Singapore.

FinSMEs

20/06/2018

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