Pantheon, a San Francisco, CA-based website operations platform for agile marketers, closed a $40m Series D growth financing.
The round was led by Sageview Capital with participation from existing investors Foundry Group, Scale Venture Partners, and Industry Ventures. With this investment, Ned Gilhuly, Co-Founder and Managing Partner of Sageview Capital, will join the Pantheon Board of Directors.
The company will use the capital to expand sales, marketing, and product teams.
Led by CEO Zack Rosen, Pantheon is a WebOps platform for Drupal and WordPress, running more than 285,000 websites in the cloud and serving over 10 billion pageviews a month. Customers including Yale, Coach, United Nations, Quicken Loans, and IBM and others currently use the company’s multitenant, container-based platform to speed their marketing iteration and take their best ideas to market faster while increasing their website’s performance, uptime, security, and ability to capitalize on traffic spikes.
FinSMEs
06/03/2019