Pantheon is a WebOps SaaS platform offering serverless hosting, CDNs and collaboration/workflow tools aimed at developers, designers, marketers and project managers. The company began as a Drupal and WordPress hosting service and has evolved to focus on enabling cross-team collaboration to iterate digital experiences. Pantheon emphasizes measuring and driving revenue through websites and plans to invest in products that streamline workflows and serve as a system of record for website teams. It announced a $100 million Series E equity round that the company said was not strictly necessary because it had plenty of cash in the bank, but will be used to accelerate operational plans by roughly six months to a year. The financing, solely from SoftBank Vision Fund, pushed Pantheon to unicorn status with a valuation of over $1 billion. SoftBank characterized Pantheon as transforming how modern website experiences are created and said it will partner with CEO Zack Rosen and the team to help scale the WebOps category. Pantheon is a WebOps platform that provides a multitenant, container-based cloud service for Drupal and WordPress, aimed at helping marketers iterate faster and improve site performance, uptime, and security. The platform runs more than 285,000 websites and serves over 10 billion pageviews a month. Customers include Yale, Coach, the United Nations, Quicken Loans and IBM. Led by CEO Zack Rosen, the company focuses on speeding marketing iteration and enabling sites to capitalize on traffic spikes. Pantheon plans to use the new capital to expand its sales, marketing and product teams. The company is based in San Francisco, CA. Pantheon provides hosting and management tools for WordPress and Drupal, with a developer-focused feature set. The company plans to launch a migration toolkit to help website owners move existing sites onto its platform. Pantheon says it aims to build foundational web technology and ultimately power 30% of all sites, targeting 1% in the near term. Operationally, Pantheon hosts 150,000 sites, runs 1.2 million containers in production, and reports customer growth of over 100% year-over-year. It has partnerships with 2,500 agencies and 50 resellers and has been hiring senior engineering leadership and adding experienced board members. The company says it controls its burn and will use the new funding to build out product and make it easier for developers to build on its platform. Pantheon offers a professional hosting platform for Drupal and WordPress aimed at developers and agencies. The company uses container-based infrastructure rather than traditional virtual machines to deliver high availability and absorb traffic spikes. Pantheon operates a $25/month personal plan intended mainly for developer testing, while its primary market is professional site builders. The platform runs about 65,000 sites, up from 55,000 last September. The company plans to use new funding to improve its hosting platform, expand the team quickly—especially support—and continue investing in partnerships and developer-focused products. Pantheon is a San Francisco-based content management service built on Drupal and delivered in a SaaS model. The platform enables organizations to build, deploy, scale and maintain websites. It targets enterprise-class customers and counts NBC Universal, UC Berkeley and AAA among its users. Founded in 2010 by CEO Zack Rosen, the company said it will use new funding to scale the business and support customers. Pantheon is actively hiring, per the company careers page. The company raised a $5M Series A to support these plans.

Total raised

$197M

Funding rounds

6

Latest round

Series E

Latest activity

Jul 2021