Yottaa offers an eCommerce optimization platform that manages third-party applications to improve website speed and conversion. Its solutions, including RAPID CTRL, BRAND CTRL and Super Accelerator, can increase website speed by up to 60 percent. The software is designed to reduce friction in the online shopping journey and drive higher revenue per session and improved ROI/ROAS on marketing spend. Yottaa works with over 250 eCommerce customers and has recently expanded into the CPG end market. Management says the products are easy to implement and deliver immediate benefits to revenue per session. With new funding, Yottaa plans to accelerate product development and execute its go-to-market strategy across multiple product categories. Yottaa provides a cloud eCommerce acceleration platform that speeds site loading and resilience by optimizing third‑party technologies, images, and other website elements. Its patented optimization engine plus embedded analytics and machine learning can make sites up to 60% faster and drive up to 20% increases in conversion. The platform is used on more than 1,000 eCommerce websites and supports major eCommerce platforms including Salesforce, Oracle, Shopify, and SAP. Yottaa counts customers such as ASICS, Jockey, Nelly.com, Samsonite, Carter’s, The Container Store and others. The company reported bookings growth of over 80% in 2017 and said it expects to double revenue over the next 18 months. Yottaa is expanding its worldwide sales organization to scale global revenue and meet growing demand. Yottaa offers a SaaS eCommerce Acceleration Platform built on its patented ContextIntelligence™ architecture to accelerate, manage, and secure end‑user experiences in real time with zero code change. Since launching the platform in 2013, the company has secured hundreds of eCommerce destinations as customers, including Puma, Hallmark, Kraft, eBags, King Arthur Flour, Jo‑Ann Fabric and Craft Stores, and Moosejaw. Yottaa reports its technology can improve web page load speeds by 40–60% and says many Internet Retailer 500 customers have realized billions in incremental revenue. The company announced a $13 million funding round led by Stata Venture Partners with participation from existing investor General Catalyst. Yottaa will use the funding to grow sales, marketing, engineering, and network operations worldwide and to scale to meet growing demand for its platform. The company also appointed Rich Stendardo as CEO to expand its leadership in eCommerce acceleration. Yottaa provides a mobile and web performance platform that enables end-to-end acceleration, protection and visibility for web applications across the wired and wireless web. Its platform delivers speed, scale, security and actionable insight and runs on a global network of over 30 data center locations. The company's carrier-class performance automation service is used by websites across eCommerce, financial services, media, SaaS, consumer goods, business services, electronics and enterprise software. Customers include G20 government sites, Fortune 500 companies, startups approaching IPO, and online brands such as PC Mall, Bayer, H&R Block, Fossil, HubSpot and Logitech. Yottaa is based in Boston and Beijing and is led by CEO Coach Wei. The company closed a $16M financing and plans to use the proceeds to accelerate its hybrid cloud network, build sales and marketing operations, and grow its engineering teams in both headquarters. Yottaa offers cloud-based web performance monitoring, front-end optimization, and a content delivery network (CDN) aimed at startups and SMBs. Its Site Speed Optimizer serves over 100 million unique visitors per month and the company has attracted more than 80,000 business customers; roughly 5% of web users have visited sites accelerated by Yottaa’s network. The company combines patented cloud-routing technology and front-end optimization (two patents granted, eight pending) and recently launched a mobile acceleration solution developed with partner MocoSpace. Yottaa operates with near-50 employees, the majority based in China, while maintaining headquarters in Boston. Recent hires and board additions include former Yahoo CTO Raymie Stata and sales executive Morris Porter. The team is prioritizing faster product release cycles and plans to roll out larger products approximately every three months.

Total raised

$53M

Funding rounds

6

Latest round

Equity

Latest activity

Oct 2018