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 business model focuses on delivering customizable and monetizable solutions for online community building.
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 Reid Hoffman, SV Angel, and Marc Andreessen
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
Allen & Company
Allen & Company is a long-standing investment firm with a specialization in financial planning and wealth management services.
Lightspeed Venture Partners
Lightspeed Venture Partners (lsvp.com) is a global multistage venture capital firm that invests in early and growth-stage technology companies across various sectors, including enterprise software and consumer tech.
Legg Mason
Legg Mason is a global investment management firm known for its diverse range of investment solutions and services.
What's next for NING?
The recent major strategic investment in NING signals a pivotal phase for the company, likely indicating a move towards scaling operations and enhancing its SaaS platform's capabilities. This capital injection, following a history of diverse funding rounds from Series A through Series E, suggests a strategic focus on market penetration and feature development. The company's trajectory, marked by consistent backing, points towards an expansion strategy aimed at solidifying its position in the competitive online presence and community-building market.
See full NING company page
