Netlify, a San Francisco-based most popular way to build, deploy, and scale modern web applications, raised $105 million in Series D funding to accelerate the growth of the Netlify developer platform and Jamstack ecosystem, valuing the company at $2 billion.
The round was led by Bessemer Venture Partners, with participation from the company’s existing investors Andreessen Horowitz, BOND, EQT Ventures, Kleiner Perkins, Mango Capital, and Menlo Ventures.
Proceeds from this round will also go to hiring the best talent with a constant focus on diversity, equity, and inclusion.
Company: Netlify, Inc
Raised: $105.0M
Round: Series D
Funding Month: November 2021
Lead Investors: Bessemer Venture Partners
Additional Investors: Andreessen Horowitz, BOND, EQT Ventures, Kleiner Perkins, Mango Capital, and Menlo Ventures
Company Website: https://www.netlify.com/
Software Category: web developer platform
About the Company: Netlify is a web developer platform that multiplies productivity. By unifying the elements of the modern decoupled web, from local development to advanced edge logic, Netlify enables a 10x faster path to much more performant, secure, and scalable websites and apps. Netlify is the most popular way to build, deploy and scale modern web applications. 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. Now home to millions of developers and thousands of enterprises, Netlify is the platform of choice for running modern Jamstack web applications in production, from global corporate sites to complex e-commerce and SaaS applications. Currently, the Netlify team includes 40 percent women and non-binary and 40 percent underrepresented racial and ethnic groups.
Source: https://www.netlify.com/press/netlify-raises-usd105-million-to-transform-development-for-the-modern-web