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Webscale Raises $ 26 Million in Growth Financing to Accelerate Ecommerce | Announcements | USA Edition – Latest News, Breaking News, Top News Headlines explica.co - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from explica.co Daily Mail and Mail on Sunday newspapers.
Webscale Raises $26 Million in Growth Financing to Accelerate Ecommerce Innovator in cloud infrastructure delivers enterprise-grade security and flexibility amid pandemic consumer shifts and rise of headless architectures SANTA CLARA, Calif., March 04, 2021 (GLOBE NEWSWIRE) Webscale, the Safest Cloud for Ecommerce, today announced the closing of $26 million in growth capital financing from investors and Silicon Valley Bank. The Series C round was led by BGV, STCAP Ventures and Mohr Davidow Ventures, with participation from Grotech Ventures. This investment in Webscale’s comprehensive ecommerce platform is more pertinent than ever. Amid COVID-19 restrictions and life-altering consumer habits, Webscale grew 108% in 2020, powering thousands of storefronts, particularly those leveraging newer trends with headless and progressive web app (PWA) architectures. This growth is expected to continue as merchants demand more flexibility, scale and security, coupled with fas ....
4 mar 2021 Webscale Raises $26 Million in Growth Financing to Accelerate Ecommerce Innovator in cloud infrastructure delivers enterprise-grade security and flexibility amid pandemic consumer shifts and rise of headless architectures SANTA CLARA, Calif., March 04, 2021 (GLOBE NEWSWIRE) Webscale, the Safest Cloud for Ecommerce, today announced the closing of $26 million in growth capital financing from investors and Silicon Valley Bank. The Series C round was led by BGV, STCAP Ventures and Mohr Davidow Ventures, with participation from Grotech Ventures. This investment in Webscale’s comprehensive ecommerce platform is more pertinent than ever. Amid COVID-19 restrictions and life-altering consumer habits, Webscale grew 108% in 2020, powering thousands of storefronts, particularly those leveraging newer trends with headless and progressive web app (PWA) architectures. This growth is expected to continue as merchants demand more flexibility, scale and security, co ....