Webscale Raises $14 Million in Series B Funding to Redefine Digital Commerce in the Cloud
Summary
With more than 100% YoY revenue growth, Webscale now delivers over 1,000 fast, secure, and scalable digital storefronts in seven countries, for customers including six of the Fortune 1000, such as Puma, Unilever, Hanes, Ferguson, Tommy Hilfiger, Cineworld Group, and others. “Webscale is positioned perfectly at the intersection of two rapidly growing, multi-billion dollar markets – digital commerce and cloud transformation,” said Jim Smith, General Partner at Mohr Davidow Ventures. “Enterprise and mid-market brand owners are transitioning away from static hosting infrastructure, and are eager to leverage the benefits of hyperscale cloud providers. San-Mateo, California-based MDV partners with exceptional entrepreneurs to build companies where big data, applied analytics, and the reach and power of the web/mobile cloud can be leveraged to drive emerging opportunities in verticals ranging from ecommerce, education, and finance to digital marketing, work force innovation, and consumer-driven healthcare. The company has offices in Palo Alto, California, Tel Aviv, Israel, and presence in France and India (through Arka Venture Labs).
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