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Home > Network/Internet > Netlify raises $53m in Series C funding

Netlify raises $53m in Series C funding

Erdem Yasar by Erdem Yasar
March 4, 2020
in Network/Internet
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Netlify raises $53m in Series C funding
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Netlify announced that it has raised $53 million in Series C funding to accelerate the development and adoption of its web development platform.

Netlify‘s Series C funding round was led by the EQT Ventures Fund with participation from existing investors Andreessen Horowitz and Kleiner Perkins, as well as Preston-Werner Ventures. Netlify’s past investors include the founders of Figma, GitHub, Heroku, Slack, and Yelp, with a total of $97 million to date.

800,000 developers and businesses

Netlify announced that after the funding, Netlify will accelerate the development and adoption of its web development platform based on Git workflows and the modern JAMstack web architecture it pioneered. Netlify’s web development platform is embraced by 800,000 developers and businesses to empower their development teams to build, deploy and iterate websites at a much faster pace than with traditional tools and architectures. Mathias Biilmann, co-founder and CEO of Netlify said,

“We started Netlify with the mission to empower developers and change the way the web is built. The growing number of developers signing onto Netlify daily and the latest investment in our business has validated that vision. With this funding we’re full-speed ahead delivering new features, investing in our enterprise-grade infrastructure and growing our team, to help more developers and businesses take advantage of the JAMstack.”

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Erdem Yasar

Erdem Yasar

Erdem Yasar is a news editor at Cloud7 News. Erdem started his career by writing video game reviews in 2007 for PC World magazine while he was studying computer engineering. In the following years, he focused on software development with various programming languages. After his graduation, he continued to work as an editor for several major tech-related websites and magazines. During the 2010s, Erdem Yasar shifted his focus to cloud computing, hosting, and data centers as they were becoming more popular topics in the tech industry. Erdem Yasar also worked with various industry-leading tech companies as a content creator by writing blog posts and other articles. Prior to his role at Cloud7 News, Erdem was the managing editor of T3 Magazine.

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