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Nginx Receives $ 43 Million from Series C to Fuel Expansion

Nginx, the commercial company behind the open source Web server, announced today a $ 43 million investment in Series C under the leadership of Goldman Sachs Growth Equity.

Also participates in NEA, which participated as an early investor As part of the agreement, David Campbell, managing director of Goldman Sachs' Merchant Banking division, will join the board of directors. administration of Nginx . According to the company, today 's investment brings the total to $ 103 million.

The company was not willing to discuss evaluation for this tour.

Nginx's open source approach is already well established with 400 million websites, including some of the largest in the world. Meanwhile, the business side of the company has 1500 paying customers, offering these customers not only support, but also additional features such as load balancing, API gateway and analytics.

Nginx CEO, Gus Robertson, was pleased to have the support of these prestigious investors. "NEA is one of the largest venture capitalists of Silicon Valley and Goldman Sachs is one of the largest investment banks in the world. And therefore having both parties together to lead this round is a great testament to society and technology and the team, "he said.

The company is already planning to expand its core business product, Nginx Plus, over the next few weeks. "We need to continue to innovate and create products that help our customers reduce the complexity of delivering distributed applications or micro-services. So you will see us release a new product in the coming weeks called Controller. The controller is the control plane over Nginx Plus, "explained Robertson. (The controller was launched in beta last fall.)

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But with $ 43 million in the bank, they want to look even harder to build Nginx Plus over the next 12 to 18 months. They will also open new offices on a global scale to add to its international presence, while expanding the ecosystem of its partners. All this means an ambitious goal to increase the current workforce from 220 to 300 by the end of the year.

The open source product was originally created by Igor Sysoev in 2002. He introduced the commercial company in addition to the open source project in 2011. Robertson arrived as CEO a year later. The company has grown 100% from one year to the next since 2013 and expects to continue this trajectory until 2019.