Total amount raised
$2 Billions
Latest funding date
11/1/2021
Location
Netlify has successfully raised significant funding across multiple rounds, attracting a diverse group of investors. The platform offers a comprehensive suite of tools for modern web development, enabling developers to build, deploy, and scale applications efficiently.
Continue reading to delve into the details of Netlify's funding journey and discover the key investors supporting this innovative platform.
What Is Netlify?
Netlify, founded in 2014 by Christian Bach and Mathias Biilmann Christensen, is headquartered in San Francisco, California. The company specializes in modern web development, offering a platform that integrates web frameworks, serverless functions, and edge computing.
Netlify's platform empowers developers to build, deploy, and scale web applications efficiently. It is a pioneer of the Jamstack movement, which focuses on decoupling the web experience from the backend infrastructure.
With a team of 101-250 employees, Netlify supports global brands like LG Electronics, NBC Universal, and Peloton, helping them deliver exceptional digital experiences.
How Much Funding Has Netlify Raised?
- Pre-Seed Round
- Amount Raised: Not publicly disclosed
- Date: April 2016
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To kickstart the development of the platform.
- Venture Round
- Amount Raised: Not publicly disclosed
- Date: May 2016
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To further develop the platform and expand initial operations.
- Seed Round
- Amount Raised: $2.1M
- Date: August 2016
- Lead Investors: at.inc/
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale the platform and attract early adopters.
- Series A
- Amount Raised: $12M
- Date: March 2018
- Lead Investors: Andreessen Horowitz
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand the team and accelerate product development.
- Series B
- Amount Raised: $30M
- Date: October 2018
- Lead Investors: Kleiner Perkins
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To enhance platform capabilities and increase market reach.
- Series C
- Amount Raised: $63M
- Date: March 2020
- Lead Investors: EQT Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support rapid growth and expand the customer base.
- Series D
- Amount Raised: $105M
- Date: November 2021
- Lead Investors: Bessemer Venture Partners
- Valuation at Round: $2 billion
- Motivation Behind the Round: To hire talent, accelerate technology development, and support acquisitions.
Total Amount Raised: $212.1M. Current Valuation: $2 billion.
Key Investors
- Bessemer Venture Partners
- Details: Bessemer Venture Partners is a leading venture capital firm that invests in early-stage, growth-stage, and late-stage companies. Mary D'Onofrio from Bessemer Venture Partners will join Netlify's Board of Directors.
- Investment Focus Areas: Cloud computing, consumer, healthcare, enterprise technology.
- Notable Investments: LinkedIn, Shopify, Pinterest, Twilio.
- Andreessen Horowitz
- Details: Andreessen Horowitz is a venture capital firm that invests in both early-stage startups and established growth companies. Martin Casado from Andreessen Horowitz will take over Peter Levine's board seat at Netlify.
- Investment Focus Areas: Software, consumer, enterprise technology.
- Notable Investments: Facebook, Airbnb, GitHub, Slack.
- EQT Ventures
- Details: EQT Ventures is a European venture capital firm that invests in technology-driven companies. They participated as an existing investor in Netlify's Series D funding round.
- Investment Focus Areas: Software, consumer internet, tech-enabled services.
- Notable Investments: Wolt, Small Giant Games, Vinted.
- Kleiner Perkins
- Details: Kleiner Perkins is a venture capital firm that focuses on early-stage and growth-stage investments. They have been an existing investor in Netlify since the Series B round.
- Investment Focus Areas: Technology, healthcare, life sciences.
- Notable Investments: Google, Amazon, Twitter, Uber.
- at.inc/
- Details: at.inc/ is a venture capital firm that led Netlify's seed round. Specific details about their focus areas and notable investments are not publicly disclosed.
- Investment Focus Areas: Not specified.
- Notable Investments: Not specified.
What's Next for Netlify?
Netlify's future is brimming with opportunities. With $105 million from its Series D funding, the company is poised to accelerate the growth of its developer platform and expand the Jamstack ecosystem. The acquisition of OneGraph will simplify API integration, enhancing the platform's robustness. The Jamstack Innovation Fund, with $10 million for early-stage companies and $1 million for open-source projects, underscores Netlify's commitment to driving innovation in web technologies.
As Netlify continues to grow, future fundraising rounds seem likely to support its ambitious goals. However, the company will face challenges such as integrating new technologies, maintaining platform stability, and navigating a competitive market. Ensuring diversity, equity, and inclusion as the company scales will also be crucial. Despite these hurdles, Netlify's strategic initiatives and strong investor backing position it well for continued success.
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