What is Webscale?
Founded in 2012 and based in Santa Clara, California, Webscale specializes in safe cloud automation, management, and hosting services tailored for e-commerce operations. The company's platform is designed to enhance the reliability, scalability, and security of online retail businesses, enabling them to navigate the complexities of cloud environments effectively. Webscale's focus on automation and management positions it as a key player in the cloud services market, particularly for businesses reliant on seamless digital commerce experiences.
How much funding has Webscale raised?
Webscale has raised a total of $53.8M across 5 funding rounds:
Private Equity
$1.5M
Series A
$12M
Series B
$14M
Debt
$350K
Series C
$26M
Private Equity (2014): $1.5M, investors not publicly disclosed
Series A (2016): $12M led by Benhamou Global Ventures, Silicon Valley Bank, Grotech, and Mohr Davidow Ventures
Series B (2019): $14M supported by Benhamou Global Ventures, Mohr Davidow Ventures, and Grotech Ventures
Debt (2020): $350K featuring PPP
Series C (2021): $26M backed by STCAP Ventures, BGV Limited, Silicon Valley Bank, Grotech Ventures, and Mohr Davidow Ventures
Key Investors in Webscale
Benhamou Global Ventures
Benhamou Global Ventures is a venture capital firm located in Silicon Valley that focuses on Enterprise 5.0 companies and cross-border innovation. They invest in startups that are transforming enterprise automation through the integration of intelligent machines and human ingenuity, while emphasizing human-centric design. With a portfolio that includes over 50 companies and the experience of immigrant entrepreneurs-turned-venture-capitalists, BGV is dedicated to providing both financial investment and high-value human capital expertise. Their target clients are global B2B technology companies in the early stages of development up to IPO.
Silicon Valley Bank
SVB Financial Group offers commercial and private banking, asset management, private wealth management, brokerage & investment services, funds management, and business valuation services. The company was founded in 1983 and is headquartered in Santa Clara, California.
Grotech Ventures
Grotech Ventures is an investment firm focused on partnering with innovative entrepreneurial talent in high potential technology companies outside of Silicon Valley. Their mission is to support young companies that aim to transform markets, create jobs, and foster sustainable growth. With a portfolio of over 150 companies and more than $1.5 billion in capital raised, they emphasize assisting businesses in various sectors, including customer success and digital content creation. Grotech Ventures aims to unlock the potential of these companies through strategic investments and support.
What's next for Webscale?
With a history of consistent capital injections, including major enterprise-level funding, Webscale is poised for continued expansion and innovation. The company's strategic focus on cloud automation for e-commerce suggests a trajectory aimed at capturing a larger market share by enhancing its platform's capabilities and reach. Future developments are likely to involve further advancements in AI-driven automation, security protocols, and multi-cloud management solutions to support the evolving needs of online retailers. The recent undisclosed funding round will likely fuel product development, market penetration, and potential strategic partnerships.
See full Webscale company page
