# NodeSource

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

- Industry: Software
- Headquarters: Anaheim, US
- Website: www.nodesource.com
- Total disclosed funding: $33M
- Latest round: Series B (Dec 25, 2017)
- Investors on record: 5

## About

NodeSource is a technology company specializing in advanced solutions for Node.js applications, focusing on performance optimization and security through its innovative N|Solid platform.Founded in 2014 and headquartered in Anaheim, US, NodeSource, Inc. develops software solutions designed for Node.js ecosystems. The company has completed a total of 4 funding deals, with the most recent being a Series B round in December 2017, where it raised USD 17.50 mn from investors including Crosslink Capital, RRE Ventures, and Silicon Valley Bank. CEO Russ Whitman leads the company, leveraging his experience from previous entrepreneurial ventures to guide NodeSource's operations and strategy.NodeSource primarily offers N|Solid, an enhanced runtime for Node.js applications that integrates advanced observability and performance optimization tools. A key feature of N|Solid is N|Sentinel, an AI agent that provides real-time performance insights and automated code-level solutions for Node.js applications. N|Sentinel uses specialized AI models to identify performance bottlenecks and suggest actionable optimizations. Additionally, N|Solid includes robust security features to detect threats and ensure compliance. NodeSource serves a diverse clientele across various sectors, including notable clients like Mastercard in finance, NASA in aerospace, and NewsCorp Group in media.NodeSource operates on a subscription-based revenue model, providing clients with access to N|Solid through tiered pricing plans designed for various business sizes. Revenue is generated through initial subscription fees and ongoing service agreements, ensuring clients receive continuous support and updates throughout the application lifecycle. The pricing structure for N|Solid accommodates organizations' needs from basic performance monitoring to advanced security and optimization services.Following the Series B funding raised on December 25, 2017, NodeSource plans to utilize the USD 17.50 mn to enhance its product offerings and expand into new markets. The company is focused on launching new features for N|Solid, enhancing user experience, and increasing its foothold within the North American and European markets by 2023. This initiative aims to address the growing demand for optimized Node.js solutions across various industries, further strengthening NodeSource's market presence.

## Funding rounds

- Series B, Dec 25, 2017, $18M — RRE Ventures, Crosslink Capital, Silicon Valley Bank
- Series A, Sep 23, 2016 — Heavybit
- Series A, Apr 13, 2016, $13M — RRE Ventures, Crosslink Capital, Resolute Ventures
- Seed, Feb 9, 2015, $3M — Crosslink Capital, Resolute Ventures

## Investors

- Crosslink Capital (https://capitalatlas.ai/funds/crosslink-capital) — Seed, Series A, Series B
- Resolute Ventures (https://capitalatlas.ai/funds/resolute-ventures) — Seed, Series A
- RRE Ventures (https://capitalatlas.ai/funds/rre-ventures) — Series A, Series B
- Heavybit (https://capitalatlas.ai/funds/heavybit) — Series A
- Silicon Valley Bank — Series B
