Webscale, the world’s safest cloud automation enterprise with dedicated efforts toward eCommerce, on March 4, 2021, broke the news of securing USD 26 million in growth capital financing from investors and Silicon Valley Bank.
The financing event was a Series C round led by BGV, STCAP Ventures, and Mohr Davidow Ventures and witnessed participation from Grotech Ventures.
Investment in Webscale’s comprehensive eCommerce platform indeed is most relevant than ever. Amid the coronavirus restrictions and life-modifying consumer habits, Webscale surged 108% in 2020, driving a large number of storefronts, most significantly the ones making most of newer trends with headless and progressive web app (PWA) architecture.
The company’s growth pattern is expected to persist, considering increasing merchant demand for more flexibility, security, streamlined deployments, and scale for a smooth user experience.
A multi-cloud SaaS solution engineered around DevSecOps best practices and displaying the world’s individual predictive auto-scaling engine, the company on the eCommerce grounds is prepared to serve merchants of any size, with any demand. Along with its progressive network of digital agency partners, the company supports merchants of all sizes to stay competitive at a high scale to compete with the likes of Amazon, without the prerequisite of bank-breaking investments into technology.
Unlike headless-first tech players, Webscale aids merchants to adopt new technologies and enhance their significant investments in CRM systems and ERP without the need for “rip and replace” of their ongoing solutions.
The company provides flexible, cloud infrastructure for several eCommerce platforms and architectures, with deployments from headless/JAMStack solutions, to PWAs and end-to-end managed hosting setups from platforms such as Magento, SAP Hybris, and WooCommerce.Additionally, the company made a recent addition with an introduction to a variety of edge solutions that address the well-known security and performance loopholes in platforms like Salesforce Commerce Cloud, Shopify, and BigCommerce.
What experts say
Sonal Puri, CEO, Webscale, said, “Webscale is designed around the needs of our customers, delivering the best of cloud computing, commerce technologies, and scalable, automated infrastructure.”
She added, “Retailers are more conscious than ever about the security of their online transactions while delivering a flawless shopping experience from store to device. With this funding, Webscale is perfectly positioned to take advantage of these industry shifts and help eCommerce businesses thrive and adapt to the new normal.”
Norin Crawford, VP eCommerce at Outdoor Research, expressed, “Outdoor Research’s cloud deployment of our re-platformed website with Webscale was seamless. The scalability of the platform, the level of visibility it provides, combined with the expertise of their team, gives us the foundation we need to deliver for our customers.”
“Webscale is providing secure cloud computing, which is the biggest equalizer to all industries in any competitive market. Through extensive customer traction across multiple use cases, they have demonstrated unmatched technology and go-to-market leadership in this space. We are excited to partner with them to help them accelerate growth and value, as well as to give them the resources to deliver positive outcomes for the unprecedented growth in this industry,” said Dmitry Dakhnovsky, Managing Partner at STCAP Ventures.