# Patersons

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

- Industry: Software
- Headquarters: Salisbury, UK
- Website: www.patersons.net
- Total disclosed funding: $30M
- Latest round: Series A (Dec 17, 2008)
- Investors on record: 1

## About

Patersons provides specialized digital solutions to enhance web performance and security for its clients, including hosting, CDN services, and DDoS protection, catering to various sectors such as e-commerce and technology.Founded in Salisbury, UK, Patersons offers digital solutions to improve web security and performance. The company raised USD 6.45 mn in a financing round on October 24, 2011, led by RHO Capital Partners. No significant pivots or changes in operations have been reported.Patersons.net specializes in providing a suite of digital solutions designed to enhance web performance and security for its clients. The core offerings include web hosting services, content delivery network (CDN) solutions, and DDoS protection, which collectively enhance the speed, reliability, and safety of websites. These services are tailored to meet the needs of businesses across various sectors, including e-commerce, media, and technology, serving a diverse customer base that ranges from small startups to large enterprises. End users benefit from quicker load times and improved site security, which ultimately helps businesses maintain a competitive edge in their respective markets. Patersons.net primarily operates in North America, Europe, and parts of Asia, providing its services to clients in these regions to enhance their online presence and operational efficiency.Patersons.net generated revenue of USD 59.42 mn in the most recent year, 2023, with an EBITDA of USD -12.56 mn. Its revenue model is based on a combination of subscription agreements and one-time fees for services. Clients typically engage in annual or monthly subscriptions for hosting services while also purchasing additional security features as required. Tailored packages combining web hosting with DDoS mitigation services contribute to recurring revenue for the company, with flagship products like their premium CDN service playing a significant role in financial performance.Patersons aims to innovate its product line by developing new security features and expanding its CDN services, with potential launches expected in the next two years. The company is also looking to enter new markets in Asia-Pacific and Latin America by 2025 to broaden its client base. The recent financing of USD 6.45 mn will be directed towards product development and market entry strategies, supporting these growth initiatives.

## Funding rounds

- Series A, Dec 17, 2008, $30M — RHO

## Investors

- RHO (https://capitalatlas.ai/funds/rho) — Series A