Nginx lands $43 million Series C to fuel expansion

INSUBCONTINENT EXCLUSIVE:
Nginx, the commercial company behind the open source web server, announced a $43 million Series C investment today led by Goldman Sachs
Growth Equity.NEA, which has been on board as an early investor is also participating
Meanwhile, the commercial side of the business has 1,500 paying customers, giving those customers not just support, but additional
functionality such as load balancing, an API gateway and analytics.Nginx CEO Gus Robertson was pleased to get the backing of such
prestigious investors
said.The company already has plans to expand its core commercial product, Nginx Plus in the coming weeks
service based applications
(Controller was launched in Beta last fall.)But with $43 million in the bank, they want to look to build out Nginx Plus even more in the
next 12-18 months
They will also be opening new offices globally to add to its international presence, while expanding its partners ecosystem
All of this means an ambitious goal to increase the current staff of 220 to 300 by the end of the year.The open source product was
originally created by Igor Sysoev back in 2002
He introduced the commercial company on top of the open source project in 2011
Robertson came on board as CEO a year later
The company has been growing 100 percent year over year since 2013 and expects to continue that trajectory through 2019.