Webscale Raises $14 Million in Series B Funding
May 23, 2019

Webscale secured a $14 million Series B round of financing led by Mohr Davidow Ventures with participation from Benhamou Global Ventures and Grotech Ventures.

“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. Webscale must be the first call for any business embarking on this digital transformation journey.”

“Fully-automated provisioning, configuration, and management of cloud-based applications is a critical need for digital businesses who want speed and agility, without losing focus on innovation,” said Anik Bose, General Partner at Benhamou Global Ventures. “For enterprise customers, Webscale’s converged automation software solution delivers on these goals by leveraging web application delivery, cybersecurity, and machine learning.”

“Webscale continues to claim market share from legacy incumbents in the hosting, web application delivery, and security markets,” said Sonal Puri, CEO at Webscale. “Innovation and a relentless focus on customer success are responsible for our impressive revenue growth, coupled with a product offering that encompasses all the key capabilities needed to execute on the promise of the cloud.”

The new funding round will help Webscale further accelerate growth, international expansion, customer success, and channel velocity.

Share this

Industry News

April 18, 2024

SmartBear announced a new version of its API design and documentation tool, SwaggerHub, integrating Stoplight’s API open source tools.

April 18, 2024

Red Hat announced updates to Red Hat Trusted Software Supply Chain.

April 18, 2024

Tricentis announced the latest update to the company’s AI offerings with the launch of Tricentis Copilot, a suite of solutions leveraging generative AI to enhance productivity throughout the entire testing lifecycle.

April 17, 2024

CIQ launched fully supported, upstream stable kernels for Rocky Linux via the CIQ Enterprise Linux Platform, providing enhanced performance, hardware compatibility and security.

April 17, 2024

Redgate launched an enterprise version of its database monitoring tool, providing a range of new features to address the challenges of scale and complexity faced by larger organizations.

April 17, 2024

Snyk announced the expansion of its current partnership with Google Cloud to advance secure code generated by Google Cloud’s generative-AI-powered collaborator service, Gemini Code Assist.

April 16, 2024

Kong announced the commercial availability of Kong Konnect Dedicated Cloud Gateways on Amazon Web Services (AWS).

April 16, 2024

Pegasystems announced the general availability of Pega Infinity ’24.1™.

April 16, 2024

Sylabs announces the launch of a new certification focusing on the Singularity container platform.

April 15, 2024

OpenText™ announced Cloud Editions (CE) 24.2, including OpenText DevOps Cloud and OpenText™ DevOps Aviator.

April 15, 2024

Postman announced its acquisition of Orbit, the community growth platform for developer companies.

April 11, 2024

Check Point® Software Technologies Ltd. announced new email security features that enhance its Check Point Harmony Email & Collaboration portfolio: Patented unified quarantine, DMARC monitoring, archiving, and Smart Banners.

April 11, 2024

Automation Anywhere announced an expanded partnership with Google Cloud to leverage the combined power of generative AI and its own specialized, generative AI automation models to give companies a powerful solution to optimize and transform their business.

April 11, 2024

Jetic announced the release of Jetlets, a low-code and no-code block template, that allows users to easily build any technically advanced integration use case, typically not covered by alternative integration platforms.

April 10, 2024

Progress announced new powerful capabilities and enhancements in the latest release of Progress® Sitefinity®.