# Pixuate

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

- Industry: Software
- Headquarters: Bangalore, India
- Website: www.pixuate.com
- Total disclosed funding: $1M
- Latest round: Seed (Aug 6, 2021)
- Investors on record: 3

## About

Based in Bengaluru, India, Pixuate is a technology company specializing in advanced web solutions, offering high-performance server software since 2012.Pixuate provides innovative web server solutions, particularly known for its nginx product. Founded in 2012 by Akshata Kari and Prathvi Palekar in Bangalore, India, the company has completed five deals to date, with its latest funding round being a Seed round in August 2021, raising INR 74.10 mn from SucSEED Venture Partners, Centre for Innovation, Incubation and Entrepreneurship, and Mumbai Angels. The total amount raised by the company stands at INR 74.10 mn.Pixuate primarily offers nginx, a high-performance web server software that efficiently manages high traffic loads. nginx serves varied purposes including static content delivery, reverse proxying, and load balancing for web applications. Its asynchronous architecture enhances speed and resource use, attracting a diverse clientele across different industries, from tech startups to large enterprises, who leverage nginx for optimizing web performance globally in markets such as North America, Europe, and Asia.In 2023, Pixuate generated revenue of INR 154,548.6 thousand, with an EBITDA of -INR 57,119.8 thousand. The revenue is mainly derived from subscription-based models and commercial support services associated with nginx, where clients typically enter into annual or multi-year agreements for premium features and technical support.Following its latest funding deal in August 2021, Pixuate plans to utilize the investment to enhance product development and expand into new markets. The company is focusing on launching upcoming products aimed at improving user experience and performance. Specific geographic regions targeted for expansion include North America and Europe, with efforts to penetrate these markets further by the end of 2023.

## Funding rounds

- Seed, Aug 6, 2021, $1M — Mumbai Angels, IIMA Ventures, SucSEED Venture Partners

## Investors

- Mumbai Angels (https://capitalatlas.ai/funds/mumbai-angels) — Seed
- IIMA Ventures (https://capitalatlas.ai/funds/iima-ventures) — Seed
- SucSEED Venture Partners (https://capitalatlas.ai/funds/sucseed-venture-partners) — Seed