# Nimbella

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/nimbella

- Industry: Software
- Headquarters: Santa Clara, US
- Website: www.nimbella.com
- Total disclosed funding: $4M
- Latest round: Seed (Dec 31, 2018)
- Investors on record: 3

## About

Nimbella, Corp. is a cloud platform provider specializing in serverless computing, enabling developers to build and deploy applications without traditional infrastructure complexities, enhancing efficiency and scalability.Founded in 2018 in Santa Clara, US, Nimbella, Corp. offers a serverless platform tailored for application development. The company underwent a significant pivot when it was acquired by DigitalOcean, LLC in September 2021. Perry Cheng, the founder, has a history of entrepreneurial ventures prior to establishing Nimbella. The company has secured two funding rounds, with the latest being a Seed round amounting to USD 4.00 mn led by Engineering Capital, alongside investors Converge and Elefund, representing the total amount raised.Nimbella offers a cloud platform that focuses on serverless computing, enabling developers to build, deploy, and scale applications without the complexities traditionally associated with infrastructure management. Its core products include a serverless framework that allows users to write code and deploy functions that automatically scale according to demand, optimizing resource usage and reducing costs. The platform is designed for application development across various industries, including fintech and e-commerce, and serves clients globally, particularly in North America, Europe, and parts of Asia.Nimbella generates revenue through a subscription-based model, where clients pay for access to its serverless platform based on usage metrics such as function execution time and data transfer. Transactions typically occur on a monthly billing cycle, allowing businesses to scale expenditures in line with operational needs. The pricing structure incorporates various tiers for different usage levels, catering to both startups and larger enterprises, fostering long-term partnerships through seamless integration of Nimbella's services.In the future, Nimbella aims to develop new features and enhancements to its serverless platform, though specific product launch dates have not been disclosed. The company also plans to expand its market presence into broader regions, likely targeting additional areas in Europe and Asia by 2023. The funding secured in September 2021 will be utilized to support these growth initiatives, particularly in enhancing product offerings and expanding the workforce to meet increasing demand.

## Funding rounds

- Seed, Dec 31, 2018, $4M — Engineering Capital, Elefund, Converge

## Investors

- Engineering Capital (https://capitalatlas.ai/funds/engineering-capital) — Seed
- Elefund (https://capitalatlas.ai/funds/elefund) — Seed
- Converge — Seed