# Nx Cloud

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/nx-cloud

- Industry: Internet
- Headquarters: US
- Website: www.nx.app
- Total disclosed funding: $33M
- Latest round: Series A (May 31, 2023)
- Investors on record: 2

## About

Based in Arizona, US, and founded in 2016, Narwhal Technologies Inc., trading under the name Nx Cloud, is a provider of an open-source Nx build system for JavaScript code that focuses on monorepos. The company was co-founded by Jeff Cross (CEO) and Victor Savkin (CTO). In September 2023, Nx Cloud raised USD 16 million in series A funding from returning investors Andreessen Horowitz and Nexus Venture Partners

The company’s platform offers an Nx Cloud that seamlessly integrates with various services to provide users with actionable insights into their CI workflows. It supports multi-platform integration, making it compatible with popular CI providers on any OS. Nx Cloud utilizes distributed task execution for efficient task distribution across machines, maximizing parallelization and CPU utilization. It also features remote caching for shared computation caches and offers secure hosting options. With Nx Cloud, users can make data-driven decisions, and maintain control over their data. 

Nx Cloud generates revenue by providing cloud solutions priced at USD 249 per month, with the flexibility to create custom plans tailored to client requirements.

The company plans to use its series A funding to further develop its product and to make it more of a substitute for currently available continuous integration technologies.

## Funding rounds

- Series A, May 31, 2023, $25M — Nexus Venture Partners, Andreessen Horowitz
- Seed, Nov 17, 2022, $8.6M — Nexus Venture Partners, Andreessen Horowitz

## Investors

- Nexus Venture Partners (https://capitalatlas.ai/funds/nexus-venture-partners) — Seed, Series A
- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Seed, Series A