Webscale, a digital commerce solutions provider, has now secured $26 million in growth capital funding from investors and Silicon Valley Bank.
The Series C funding round was backed by the Mohr Davidow, BGV, and STCAP Ventures with participation from the Grotech Ventures.
The company has secured $5.6 million in a funding round to date.
Dmitry Dakhnovsky, the Managing Partner at STCAP Ventures, said, “Webscale is providing secure cloud computing, which is the biggest equalizer to all industries in any competitive market. Through extensive customer traction across multiple use cases, they have demonstrated unmatched technology and go-to-market leadership in this space. We are excited to partner with them to help them accelerate growth and value, as well as to give them the resources to deliver positive outcomes for the unprecedented growth in this industry”.
Norin Crawford, VP of Direct Sales at Outdoor Research, said, “Outdoor Research’s cloud deployment of our re-platformed website with Webscale was seamless. The scalability of the platform, the level of visibility it provides, combined with the expertise of their team, gives us the foundation we need to deliver for our customers”.
Webscale aims to have clocked around 108% growth in 2020 and supported thousands of storefronts. The growth is even expected to continue as merchants demand more scalability, flexibility, security, simple deployments paired with fast-for seamless user experiences.
Webscale is designed around the needs of customers, delivering the best of cloud computing, scalable, automated infrastructure, and common technologies.
Additionally, it recently introduced a wide range of edge solutions to address the performance and security gaps in platforms such as Salesforce, Shopify, and BigCommerce.