May 31, 2020

Netlify – $53 Million

Netlify

San Francisco, CA ; 3/4/20

Amount Funded: $53 Million

Type: Series C

Lead Investor: EQT Ventures Fund

Participating Investor(s): Andreessen Horowitz, Kleiner Perkins, Preston-Werner Ventures

Total Funding to Date: $97 Million

Company Description: Netlify is a web development platform that multiplies productivity. By unifying the elements of the modern decoupled web, from local development to advanced edge logic, Netlify enables 10x faster path to much more performant, secure and scale able websites and apps.

What funding will be used for: Accelerate partnerships with web agencies and technology partners in the web ecosystem, expedite growth.

Quotes:

“We started Netlify with the mission to empower developers and change the way the web is built. The growing number of developers signing onto Netlify daily and the latest investment in our business has validated that vision. With this funding we’re full-speed ahead delivering new features, investing in our enterprise-grade infrastructure and growing our team, to help more developers and businesses take advantage of the JAMstack.”

– Mathias Biilmann, co-founder and CEO, Netlify

“Netlify and the JAMstack are fundamentally changing how websites and web applications are built. The large and growing community of developers building on the JAMstack is testament to the movement that Matt and Chris and the team are spearheading, and to the unified platform they’ve built. With the company more than tripling its revenue in the last year, the EQT Ventures team is happy that Motherbrain got Netlify on our radar, and we’re excited to support the company as it continues to scale globally.”

Laura Yao, deal partner/investment advisor, EQT Ventures

Notes:

Data provided by respective company (unless otherwise noted) and researched by StartupsOne for accuracy.

 

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