What is NING?
Established in 2004 and headquartered in Menlo Park, California, NING provides a paid subscription SaaS platform that empowers clients to establish an online presence. The platform offers industry-specific themed templates that can be monetized, catering to businesses seeking to build and leverage their digital footprint. NING's service is designed to facilitate online community building and content monetization for its users.
How much funding has NING raised?
NING has raised a total of $137M across 5 funding rounds:
Series A
$15M
Series B
$3M
Series C
$44M
Series D
$60M
Series E
$15M
Series A (2005): $15M with participation from SV Angel, Marc Andreessen, and Reid Hoffman
Series B (2006): $3M, investors not publicly disclosed
Series C (2007): $44M supported by Legg Mason
Series D (2008): $60M featuring Allen & Company
Series E (2009): $15M backed by Lightspeed Venture Partners
Key Investors in NING
Legg Mason
Legg Mason is a global investment management firm that provides a diverse range of investment solutions. They are known for their expertise in asset management and have a history of backing companies across various sectors.
SV Angel
SV Angel is a long-term investment firm dedicated to supporting founders in creating impactful businesses. They prioritize building strong partnerships by advocating for founders and providing essential resources, strategic insights, and a vast network to help companies scale.
Lightspeed Venture Partners
Lightspeed Venture Partners is a global multistage venture capital firm that invests in early and growth-stage technology companies across sectors such as enterprise software, consumer, fintech, and infrastructure, partnering with founders from seed through IPO/M&A.
What's next for NING?
With a history of significant enterprise-level funding, NING is positioned for continued expansion and innovation. The recent major strategic investment signals a new phase of growth, likely focused on enhancing its SaaS platform capabilities, expanding its market reach, and further developing its monetization tools. This strategic backing will enable NING to solidify its position in the competitive online presence and community-building market, potentially exploring new technological integrations and user engagement strategies.
See full NING company page
