NGINX Raises $3M in Series A Funding

NGINX, a Russian open source web server developer, has raised $3m in a Series A funding.

Backers include BV Capital and Runa Capital, as well as an entity affiliated with MSD Capital, the private investment firm for Dell Inc. Chairman and CEO Michael S. Dell.

The funding will be used to support the expansion into the U.S. of the company’s new commercial arm, Nginx, Inc., which will open its new San Francisco headquarters in the fourth quarter of 2011.

Led by Igor Sysoev, author of the software, Principal architect and CTO, the company develops and maintains NGINX – an open source web server designed to help Internet companies to protect, develop and propel their web infrastructure. Nginx has already signed its first commercial customers and is currently establishing business and technology partnerships in the U.S., Europe and Asia.

In the middle of 2012, the company will unveil a commercial-grade connection processing and optimization software platform, which will enable advanced performance, traffic management, extended configuration and security features for hosting, cloud and enterprise server infrastructure.
NGINX will also offer flexible options to upgrade existing web installations to modern and efficient high density web software.

FinSMEs

11/10/2011

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