[Funding] Webscale raises $26 million in Series C Round led by BGV and others

eCommerce startup Webscale has announced that it has raised $26 million in growth capital financing Series C Round. Major investors include BGV, STCAP Ventures and Mohr Davidow Ventures. Grotech Ventures also participated in the round along with Silicon Valley Bank.

Webscale caters to the needs of our customers, says Sonal Puri, CEO, Webscale. It aims to deliver cloud computing, commerce technologies and scalable automated infrastructure she has said. “Retailers are more conscious than ever about the security of their online transactions while delivering a flawless shopping experience from the store to the device,” she further added. The company, with this funding, aims to take advantage of the industry shifts. It will help ecommerce businesses thrive and adapt to the new normal.

About Webscale

Webscale is a multi-cloud SaaS solution, designed around DevSecOps best practices. It features a predictive auto-scaling engine that can serve any merchant, of any size, with any need. Together with its thriving network of digital agency partners, Webscale helps merchants of all sizes compete on a level playing field with the likes of Amazon, without the massive investment into people and technology.

Webscale helps merchants embrace new technologies. It also helps maximize their significant investments in ERP and CRM systems, without demanding a “rip and replace” of their existing solutions. It delivers flexible, cloud infrastructure for a variety of ecommerce platforms and architectures. Further, it helps deployments ranging from headless/JAMStack solutions to PWAs and fully managed to host environments. Its notable clients are platforms such as Magento, WooCommerce and SAP Hybris. Additionally, it recently introduced a range of solutions to address the security and performance gaps in platforms, such as Shopify, BigCommerce and Salesforce Commerce Cloud.

From the leaders

“Webscale is providing secure cloud computing,” Dmitry Dakhnovsky, Managing Partner at STCAP Ventures. “This is its 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.”

The fund will help the e-commerce startup accelerate growth and value, he added. It will also give them the resources to deliver positive outcomes for the unprecedented growth in the industry, Dmitry said. Norin Crawford, VP-Direct Sales at Outdoor Research added, “The 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.”