Tech firm NS1 raises $20 mn in round led by GGV Cap­i­tal

Mint Asia ST - - Inside - BPY RAMUGDHA M AMGAIN

New

York-based in­tel­li­gent DNS (Do­main Name Sys­tem) and traf­fic man­age­ment provider NS1 has raised a $20 mil­lion round led by GGV Cap­i­tal, a ven­ture cap­i­tal firm fo­cused on multi-stage in­vest­ments in the US and China, the firm an­nounced on 7 Septem­ber.

Sales­force Ven­tures and ex­ist­ing in­vestors in­clud­ing Deutsche Telekom Cap­i­tal Part­ners, Fly­bridge Cap­i­tal Part­ners, Sigma Prime Ven­tures, Tel­stra Ven­tures and Two Sigma Ven­tures also par­tic­i­pated in the round.

As part of the fund­ing, GGV Cap­i­tal’s Glenn Solomon will join NS1’S board, it said in a state­ment.

The com­pany will use the fi­nanc­ing to help even more on­line brands take con­trol over their traf­fic and in­fra­struc­ture to build re­li­able, high-per­for­mance ap­pli­ca­tions, it added.

Kris Beev­ers, NS1’S co-founder and CEO, said: “DNS has long been an un­der­ap­pre­ci­ated op­por­tu­nity to take gran­u­lar con­trol over in­ter­net traf­fic, and it’s the en­try point to every on­line ap­pli­ca­tion. By un­lock­ing the po­ten­tial of DNS with our unique soft­ware and de­liv­ery plat­forms, NS1 will con­tinue to so­lid­ify its po­si­tion as the clear mar­ket leader in DNS. We’re ex­cited to con­tinue our mis­sion to build a smarter in­ter­net and be­come a foun­da­tional in­ter­net player in the com­ing years.”

Es­tab­lished in 2013, NS1’S in­tel­li­gent DNS and traf­fic man­age­ment plat­form, with its data-driven ar­chi­tec­ture and unique Fil­ter Chain rout­ing en­gine, claims to ad­dress the needs of to­day’s dis­trib­uted, dy­namic, and au­to­mated ap­pli­ca­tion ar­chi­tec­tures. The firm counts large in­ter­net and en­ter­prise brands in­clud­ing Linkedin, The Guardian, Drop­box, Weight Watch­ers, and Sales­force among its cus­tomers.

NS1’S plat­form tech­nolo­gies, with data driven real-time global traf­fic man­age­ment and deep API au­to­ma­tion ca­pa­bil­i­ties, will con­tinue to ex­pand as the com­pany in­creases in­vest­ment in en­gi­neer­ing team and global net­work in­fra­struc­ture.

The firm raised $20 mil­lion in a Se­ries B round led by Deutsche Telekom Cap­i­tal Part­ners, with par­tic­i­pa­tion from Two Sigma Ven­tures and ex­ist­ing in­vestors in­clud­ing Fly­bridge Cap­i­tal Part­ners and Sigma Prime Ven­tures in Septem­ber last year.

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