Netlify raises $12 million to advance web development

Funding Rounds

▤ Summary

Netlify, a startup that’s building software tools to help drive the future of web development, announced today that it has raised $12 million in series A funding. Andreessen Horowitz led the round, which also included existing investors Bloomberg Beta, Designer Fund, and Tank Hill Ventures. Website content deployed in that way gets cached in the Netlify CDN as a static webpage, meaning that it’s faster to load than a traditional monolithic site. Mathias Biilmann Christensen, Netlify’s CEO and cofounder, said that performance is especially important when it comes to serving sites to mobile users, who expect pages to load quickly. The company’s biggest initiative for right now is building out a series of microservices that will help users of its technology perform key functions, like operating ecommerce pages and providing subscriptions.

$ Funding

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Amount $12.0M Total raised
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Date March 21, 2018 Announcement date
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Investors Designer Fund, Andreessen Horowitz, Bloomberg Beta Lead investors
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Company http://www.netlify.com Funded company

▥ Classifications

industries
No industries detected
applications
Web and Content Management

◇ AskAI Classifications

Labels
Cloud Application Platform SaaS Developer Tools

▦ Linked Companies

Netlify
$10M to $25M