Nginx, the company behind the fast-growing open source NGINX web server, today announced that it has raised a $20 million Series B1 round led by NEA, with participation from e.ventures, Runa Capital, Index Ventures and Nginx’s own CEO Gus Robertson. The company says it will use this additional funding to drive its community, marketing and geographic expansion outside of the U.S., as well as for product development.
There’s a tremendous opportunity for us to partner with companies of every size from stealth mode startups, to media companies, mid-market, enterprise and even the largest web disrupters, that are migrating to Nginx by the thousands every day,” Nginx CEO Gus Robertson said in a statement today. “This investment capitalizes on any company’s need to provide its users with the same web experience that has previously only been the domain of the biggest web players.”
Current NGINX users include Adobe, Box, Netflix, Instagram and Discovery Education, among many others. According to the latest data, over 20 percent of the top million busiest websites now use NGINX and among the top 10,000 sites, it now holds a clear lead with 40 percent market share. Total NGINX usage increased 400 percent over the last four years.
As the Ngnix team told me in October, the company now has over 250 paying customers for its commercial service, which launched just over a year ago.
Including today’s round, the company has now raised $33 million, including the company’s $10 million Series B round from October 2013.