Pantheon, a San Francisco, CA-based website management platform, raised $29m in Series C funding.
Backers included Foundry Group, Industry Ventures, OpenView Investment Partners, and Scale Venture Partners.
The company, which has raised $57m in total funding to date, intends to use the funds to continue to expand operations.
Led by CEO and co-founder Zack Rosen, Pantheon provides a website management platform featuring workflow and collaboration tools, continuous integration, performance monitoring, and scaling tools for teams to build and launch web experiences.
In the latest 12 months, the company has surpassed 150,000 website launches to date (up from 65,000 in 2014) and released key products, including the New Relic web application performance monitoring tool, Cloud Integration Tools Suite, and Migration Tool Kit.
It also appointed Chris Moody, a pioneer in the social data industry who is vice president of data strategy at Twitter and former CEO of social data provider Gnip, as a new board member, and Niall Hayes, a veteran technology executive, as Vice President of Engineering.
FinSMEs
20/07/2016