Nginx Closes $20 Million To Deliver The Modern Web Experience

NEA-LED ROUND TO CAPTURE OPPORTUNITY IN HIGH PERFORMANCE APPLICATION, CONTENT DELIVERY

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Dec 09, 2014, 07:30 ET

SAN FRANCISCO, Dec. 9, 2014 /PRNewswire/ -- Nginx, Inc., the engine powering applications and content for the modern web experience, today announced that it has closed a $20 million Series B1 round led by NEA. Nginx, Inc. offers NGINX Plus, the commercial version of open source NGINX, the high performance application delivery solution of choice for the web's top performing businesses. Funding will be used for product development, driving a stronger community, marketing, and geographic expansion outside the U.S. Additional participants in the round include e.ventures, Runa Capital, Index Ventures and Nginx CEO Gus Robertson.

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NGINX is critical to 25.3 percent (and growing) of the top million busiest websites and has long led the world's busiest 10,000 and 1,000 websites categories with more than 40 percent market share*. Trends such as mobile and the Internet of Things (IoT) have exponentially grown web traffic. Estimates show there will be more than 25 billion connected devices in 2015, and more than 50 billion devices by 2020**. NGINX provides the scale, speed and security businesses need to deliver a seamless, consistent and rich web experience—no matter how busy and complex the environment.

"NGINX is the new standard for high performance web application delivery—we've taken a leadership share of websites across the board," said Gus Robertson, CEO of Nginx, Inc. "There's a tremendous opportunity for us to partner with companies of every size from stealth mode startups, to media companies, mid-market, enterprise and even the largest web disrupters, that are migrating to Nginx by the thousands every day. This investment capitalizes on any company's need to provide its users with the same web experience that has previously only been the domain of the biggest web players."

"Many of the world's most disruptive organizations—like Netflix, Dropbox, Airbnb, GitHub—experience exponential growth and rely on NGINX to ensure seamless consumer experiences," said Igor Sysoev, the original author and founder of the NGINX project. "NGINX delivers the same modern web experience for any business, from startups to massive enterprises. The support from NEA ensures we can continue to advance application delivery while the dynamics of the Internet continue to evolve."

Nginx, Inc. works with hundreds of big-name companies including Adobe, Discovery Education, Rue La La, and more.

"For many of our creative customers, mobile is the first screen and it's critical for our business to quickly and efficiently deliver timely technology solutions on mobile platforms," said John Pritchard, Director of Engineering at Adobe. "We rely on NGINX as the backbone of our API platform that powers our mobile applications such as Adobe Shape CC, Adobe Photoshop Mix, as well as the broad community of third-party developers using Adobe's Creative SDK APIs, ensuring a seamless experience to mobile users."

"We recognize Nginx as distinctive, bringing a tremendous amount of forward-thinking value to the web in an economical solution for its customers," said Pete Sonsini, General Partner, Menlo Park at NEA. "Nginx has a thirst for innovation and will continue to shatter the status quo of slow and costly software and hardware-based web performance solutions."

NGINX delivers a web experience with blazing responsiveness, uninterrupted uptime and user satisfaction at Internet scale. To learn more about Nginx and its products, please visit nginx.com.

About Nginx, Inc.
NGINX powers applications and content for the modern Internet experience. The company offers industry-leading high performance web application technology that delivers the scalability, speed and security to more than 140 million sites on the Internet, ensuring a seamless web user experience. More than 40 percent of the Internet's largest websites rely on NGINX to drive the performance of their web applications including several giants such as Netflix, Pinterest, Airbnb, Box, Instagram, SoundCloud, Zappos and More. The company is headquartered in San Francisco.

*W3Techs
**Cisco

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SOURCE Nginx, Inc.