# Webscale Networks

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/webscale-networks

- Industry: Software
- Headquarters: Sunnyvale, US
- Website: www.webscale.com
- Total disclosed funding: $55M
- Latest round: Series C (Mar 4, 2021)
- Investors on record: 5

## About

Webscale Networks Inc. provides an Intelligent CloudOps Platform tailored for ecommerce merchants, enabling them to optimize and manage their digital storefronts effectively.Founded in 2013 in Sunnyvale, US, Webscale Networks Inc. specializes in cloud operations for ecommerce. The company has successfully raised USD 26.00 mn in its Series C funding round on March 4, 2021, led by Benhamou Global Ventures, Stereo Capital, and Mohr Davidow Ventures, with participation from returning investor Grotech Ventures. The co-founders include James Smith and Robert Shires, while Gary Schofield and Sonal Puri serve as CEO. The company has engaged in eight funding deals to date.Webscale offers an Intelligent CloudOps Platform specifically designed for ecommerce merchants and their development teams. This platform encompasses a full suite of services that streamline the migration, optimization, deployment, and management of digital commerce storefronts. Key offerings include performance optimization, edge security, and actionable insights into customer behavior, aimed at enhancing ecommerce infrastructure and ensuring a smooth user experience. Webscale serves a diverse clientele across North America, Europe, and Asia, addressing modern cloud-based ecommerce needs with automation and managed services to tackle security threats and performance challenges.Webscale's revenue model is centered around subscription-based services and partnerships with ecommerce platforms. Clients typically enter contracts that include a range of managed services, from basic infrastructure management to comprehensive DevOps support and custom cloud hosting solutions. Pricing varies according to selected features and service levels, catering to both small merchants and large enterprises. Revenue is primarily derived from recurring subscriptions on a monthly or annual basis, ensuring stable financial support while enhancing customer operations and performance.In March 2021, Webscale Networks Inc. raised USD 26.00 mn in its Series C funding round, which will be utilized to expand the company's operations and geographical reach. With Sonal Puri continuing as CEO, Webscale plans to develop new products aimed at further enhancing their Intelligent CloudOps Platform and is targeting expansion into additional markets in North America, Europe, and Asia within the next few years.

## Funding rounds

- Series C, Mar 4, 2021, $26M — Grotech Ventures, Mohr Davidow Ventures, BGV, Stereo Capital
- Series B, May 13, 2019, $14M — Grotech Ventures, Mohr Davidow Ventures, BGV
- Series B, Apr 30, 2018, $6M — Grotech Ventures, Mohr Davidow Ventures, BGV
- Series A, Oct 11, 2016, $9.1M — Grotech Ventures, Mohr Davidow Ventures, Silicon Valley Bank, BGV

## Investors

- Grotech Ventures (https://capitalatlas.ai/funds/grotech-ventures) — Series A, Series B, Series C
- Mohr Davidow Ventures (https://capitalatlas.ai/funds/mohr-davidow-ventures) — Series A, Series B, Series C
- Silicon Valley Bank — Series A
- BGV (https://capitalatlas.ai/funds/bgv) — Series A, Series B, Series C
- Stereo Capital (https://capitalatlas.ai/funds/stereo-capital) — Series C