# Section.io Incorporated

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/section-io

- Industry: IT Infrastructure
- Headquarters: Boulder, US
- Website: www.section.io
- Total disclosed funding: $18M
- Latest round: Series B (Apr 13, 2021)
- Investors on record: 12

## About

Section.io Incorporated, based in the US, operates as a cloud technology firm specializing in Intelligent CloudOps solutions tailored for ecommerce businesses, delivering automation and insights to optimize digital storefronts.Founded in 2012, Section.io Incorporated provides cloud solutions for ecommerce. The company has undergone strategic shifts but remains focused on enhancing the performance and security of online retail operations. It is headquartered in Boulder, Colorado, US. Stewart McGrath serves as the CEO. The company has successfully raised a total of USD 11.99 mn through various funding rounds, with the most recent being a Series B round led by Lumen Technologies, Inc. on October 19, 2023, involving other investors such as Andreas Capital and Foundry Group.Webscale One is a leading Intelligent CloudOps Platform designed to empower ecommerce merchants with a comprehensive suite of software and managed services. It focuses on simplifying the migration, optimization, deployment, and management of digital commerce storefronts, offering automation across various technology stacks for actionable insights into ecommerce infrastructure. Its clientele spans small to medium-sized businesses and large enterprises across North America, Europe, Asia-Pacific, and Latin America, including ecommerce retailers, brands, and developers aiming to optimize operations and enhance security against cyber threats.Webscale's revenue model is based on subscription services and managed offerings for ecommerce businesses. Clients engage with tailored pricing plans that can include self-service or fully-managed services by certified engineers. Revenue is generated through subscription plans which may involve annual contracts or monthly billing cycles, ensuring scalable growth tailored to client needs.Following its acquisition by Webscale Networks Inc. in October 2023, Section.io is set to contribute to the launch of the CloudFlow platform. The acquisition is expected to facilitate expansion into new markets, enhancing the company's service offerings. Further details on product releases and geographical targets have not been disclosed.

## Funding rounds

- Series B, Apr 13, 2021, $12M — Foundry Group, Next Frontier Capital, Andreas Capital, Lumen Technologies, Inc.
- Series A, Jun 27, 2018, $4M — Foundry Group, Next Frontier Capital
- Seed, Mar 9, 2016, $2.2M — Techstars, Upslope Ventures, FirstMile Ventures, Tahoma Ventures, Blue Note Ventures, Venture Blue, Secure Octane
- Seed, Jun 1, 2013 — Investible

## Investors

- Investible (https://capitalatlas.ai/funds/investible) — Seed
- Techstars (https://capitalatlas.ai/funds/techstars) — Seed
- Upslope Ventures (https://capitalatlas.ai/funds/upslope-ventures) — Seed
- FirstMile Ventures (https://capitalatlas.ai/funds/firstmile-ventures) — Seed
- Tahoma Ventures (https://capitalatlas.ai/funds/tahoma-ventures) — Seed
- Blue Note Ventures (https://capitalatlas.ai/funds/blue-note-ventures) — Seed
- Venture Blue — Seed
- Secure Octane (https://capitalatlas.ai/funds/secure-octane) — Seed
- Foundry Group (https://capitalatlas.ai/funds/foundry-group) — Series A, Series B
- Next Frontier Capital (https://capitalatlas.ai/funds/next-frontier-capital) — Series A, Series B
- Andreas Capital — Series B
- Lumen Technologies, Inc. — Series B