Tuesday, October 11, 2016

Webscale Raises $12 Million for Cloud Application Delivery

Webscale Networks raised $12 million through a Series A1 round of funding for its multi-cloud, software-defined application delivery controller (ADC).

Webscale’s software-defined cloud stack enables Layer 4-7 functionality delivered as-a-service within all cloud environments, public, private or hybrid. Integrated analytics provide insight into global web applications deployed by the enterprise.

Webscale said its platform is gaining momentum in the e-commerce segment as well as initial traction within the broader enterprise. Product enhancements and a strengthened sales team have delivered a 2X increase in bookings year over year, and broadened the company’s reach into new territories, including the UK, Canada, China and Australia.

“Large e-retailers understand the concept of front and back-end infrastructure scaling, which keeps their sites fast, secure and available. Webscale helps the remaining 99.9 percent of the market compete with them,” said Sonal Puri, CEO at Webscale. “Enterprise applications are becoming increasingly web-enabled, need to be cloud-agnostic, and easy to manage across infrastructures to avoid lock-in. Our expertise in providing these benefits in addition to constant availability, high-performance and enhanced security and analytics will serve us well as we expand into the broader enterprise.”

The new funding round was led by Mohr Davidow Ventures (MDV) and also included new investment from Benhamou Global Ventures (BGV), Grotech, and Silicon Valley Bank. Webscale's total financing now stands at  $20 million.



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