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The Venture Codex

NGINX

795 Folsom Street, San Francisco, California, 94107, United States

Overview

Nginx commercializes the popular open-source Nginx web server, which the article says runs on roughly 400 million websites. Its paid offering, Nginx Plus, provides enterprise features including load balancing, an API gateway and analytics and serves about 1,500 paying customers. The company plans near-term product expansion, including a control-plane product called Controller, plus broader builds out of Nginx Plus, global office openings and partner‑ecosystem expansion. Management intends to grow headcount from about 220 to roughly 300 by year‑end to support that expansion. Nginx reported roughly 100% year‑over‑year growth since 2013 and expects to continue that trajectory through 2019. The open-source project was created in 2002 and the commercial company was introduced in 2011. Nginx provides a comprehensive application delivery solution for websites and apps, offering advanced load balancing, content caching, media streaming and application monitoring. Its platform is in use on more than 140 million sites worldwide and counts clients such as Airbnb, Box, Instagram, Netflix, Pinterest, SoundCloud and Zappos. Led by CEO Gus Robertson, the company is based in San Francisco and also has offices in Moscow and London. Nginx received $8M in funding and intends to use the proceeds to continue expanding operations in the global application delivery market. The company appointed industry veteran Tom Hull to its Board of Directors following the round. Nginx is the company behind the fast-growing open source NGINX web server and a commercial service launched just over a year ago. Its core product, the NGINX web server, is used by customers including Adobe, Box, Netflix, Instagram and Discovery Education. Over 20% of the top million busiest websites use NGINX and it holds 40% share among the top 10,000 sites; total NGINX usage increased 400% over the last four years. The company reports it has over 250 paying customers for its commercial service. Nginx says it will invest in community, marketing and geographic expansion outside the U.S., as well as product development. Including the latest round, the company has now raised $33 million in total. Nginx is the company behind the widely used open-source Nginx web server and a commercial offering called Nginx Plus. Nginx Plus, launched in August, provides advanced features such as app health checks, monitoring, and load balancing for commercial customers. The company has signed up over 100 paying customers across industries including entertainment, e-commerce, education, travel and leisure. Most core development is done in-house while the community contributes installation and maintenance support. Nginx plans to expand its core engineering team in Moscow and ramp up direct support offerings and tools for commercial customers. The server powers more of the world’s top 1,000 sites than Apache or Microsoft IIS, is approaching dominance in the top 10,000, and runs on more than 120 million websites. Nginx develops and maintains an open-source Unix-based web and mail proxy server aimed at high-density, scalable, and predictable performance for content-heavy sites. Its software is used to achieve high density and predictable performance at scale. Customers cited include TechCrunch, Facebook, Groupon and WordPress.org. According to Nginx, its products power over 40 million domains. The company was founded by Russian engineer Igor Sysoev 10 years ago. The article reports that Nginx recently raised $3 million from international investors.

Total raised
$84M
Funding rounds
5
Latest round
Series C
Latest activity
Jun 2018

Industries

  • DevOps
  • Enterprise Applications
  • Enterprise Software
  • Infrastructure
  • IT Infrastructure
  • Software
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Recent funding

  1. Series C

    Jun 2018

    $43M

  2. Series B

    Apr 2016

    $8M

  3. Series B

    Dec 2014

    $20M

  4. Series B

    Oct 2013

    $10M

  5. Series A

    Oct 2011

    $3M

Team

  • Mike Jang

    a Principal Technical Writer

    LinkedIn
  • Mike Belov

    Director of Engineering, SaaS

  • Raymond Lau

    Senior Software Engineer

    LinkedIn
  • Lilly Volkova

    Customer Technical Support Engineer

    LinkedIn