npm Raises $8M in Series A Funding

npmnpm, Inc., a Oakland, CA-based provider of software tools for JavaScript developers, raised $8m in Series A funding round.

The round was led by Bessemer Venture Partners with participation fromTrue Ventures. As part of the funding, Bessemer Partner Ethan Kurzweil joined npm’s board.

The company had previously raised $2.6m in seed funding from True Ventures, Matt Mullenweg, and a number of other individual investors

Founded in 2014 by Isaac Schlueter, Laurie Voss and Rod Boothby, npm hosts and manages a package manager for JavaScript, which is used daily by 2.4 million developers worldwide with one billion packages downloaded every month. The company has also launched npm Private Modules, a feature that enables developers to share and re-use private and confidential code.

Companies that leverage npm for publishing its SDKs for JavaScript include Twilio, Google, Microsoft, New Relic and Amazon Web Services.

FinSMEs

14/04/2015

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