Netlify raised $53m in Series C funding.

Denmark Sweden Investments 04 March 2020
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Netlify, a Danish founded and San Francisco, CA-based cloud computing company providing hosting and serverless backend services for static websites, raised $53m in Series C funding.

The round was led by the EQT Ventures Fund with participation from existing investors Andreessen Horowitz and Kleiner Perkins, as well as Preston-Werner Ventures.

With this investment, Laura Yao, deal partner and investment advisor at EQT Ventures, also joined the Netlify Board of Directors.

Netlify, founded in 2015 by Christian Bach and Mathias Biilmann Christensen (CEO), provides  web developers and businesses with a platform featuring modern build workflows, serverless functions and a global Application Delivery Network to deliver performant, secure and scalable websites and applications. The company pioneered the JAMstack category, a modern web architecture that combines the best practices of static sites with the API economy and serverless functions to deliver fast load times and dynamic content.

Prior to this deal, Ntelify raised $44M.