Snapt builds a software-only application delivery controller (ADC) that provides load balancing, acceleration and security tailored for DevOps, cloud, cloud-native and virtualized deployments. Its ADC is used by customers ranging from start-ups to the Fortune 500 and emphasizes flexibility, performance and virtualization. The company plans to use its new funding to expand sales and marketing globally, grow its US presence and worldwide channel program, and to invest in research and development. Snapt is privately held, was founded in South Africa, and has its headquarters established in Atlanta, Georgia with offices in South Africa. It is backed by African institutional investors including Convergence Partners and 4Di Capital. The company highlights strong customer traction in enterprise and intends to continue developing new protocols and executing its IP strategy. Snapt provides virtualized and cloud-based load balancing, web acceleration and security software. The company serves a global customer base of 10,000 customers across 50 countries. It offers a startup package at USD 55 per month that includes 24/7/365 service availability and an average response time of three minutes. Launched in 2012 and led by CEO Dave Blakey, Snapt is headquartered in Johannesburg, South Africa, and recently opened its first US office in Atlanta. Snapt received $1M in growth funding from Convergence Partners and plans to use the capital to expand operations.

Total raised

$4M

Funding rounds

2

Latest round

Series A

Latest activity

Dec 2018