Netlify Raises $105 Million to Transform Development for the Modern Web
Summary
SAN FRANCISCO, Nov. 17, 2021 /PRNewswire/ -- , the most popular way to build, deploy, and scale modern web applications, announced that it has raised $105 million in funding, valuing the company at $2 billion. Today, Netlify is announcing the acquisition of OneGraph, a powerful GraphQL platform that simplifies the integration and management of APIs and services that web apps now rely on. "Netlify doubled the number of developers who have used their platform this year, and the Jamstack ecosystem is growing equally as fast," said Jay Simons, General Partner, BOND. "By expanding the Jamstack ecosystem, Netlify accelerates innovation, scale and security for future web applications and opportunities for developers around the world. Developers love Netlify for its powerful, yet simple workflows, which make it easy to integrate their choice of tools and collaborate with their team to deliver the best online experiences, faster.