Wednesday, October 16, 2013

Nginx Finds $10M

San Francisco-based NGINX, which develops software to optimize the delivery of content to a range of devices, has raised $10M in a funding round, the company said Tuesday. The Series AB funding was led by New Enterprise Associates, and also included e.ventures, Runa Capital, MSD Capital, plus Box CEO Aaron Levie. NGINX said the funding will go towards expanding its sales, service, and support organization, with a plan to grow from 15 employees today to 50 in 2014. NGINX develops web software with built in caching, routing, load balancing, and other features. More information »