Thursday, December 6, 2018

Snapts Snags $3M For Web Acceleration, Load Balancing

Mountain View-based Snapt announced on Thursday that it has raised $3M in a Series A funding, for its load balancing, web acceleration, and WAF products. The funding came from Convergence Partners, Nedbank Ltd, and Sanari Capital. According to the company, the funding will go towards sales and marketing, plus expansion in the US and its channel program, plus research and development. Dave Blakey is co-founder and CEO of Snapt, which was originally founded in South Africa.