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NGINX Received $ 8 Million and New Board Member

The product-company NGINX, well-known in Russia thanks to the creators of compatriots (first of all to the founder Igor Sysoev ), and Business Insider called “one of the most important start-ups you have never heard of,” is growing.

In a press release yesterday, the company reports raising $ 8 million from the Australian telecom giant Telstra’s venture fund (for which it’s a “strategic investment”) and joining the board of directors of the company Tom Hull, who played an important role in creating F5 Networks “application delivery controller ( ADC ).

Business Insider reports interesting facts about the company:

Matt Weinberger from BI also writes that at the same time it is quite difficult for the company to earn money due to the large number of open source competitors, and most users of its own product use its free versions.

As a result, the company earns on NGINX Plus - a paid version with advanced functionality for developing and managing individual modules of websites and applications, as well as consulting for large clients on creating and maintaining Nginx architectures.
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Since 2011, the company has already received $ 41 million, previous investors: NEA, Runa Capital, Index Ventures funds and individual shareholders.

On September 7-9, Austin, Texas will host NGINX Conf 16 .

Source: https://habr.com/ru/post/300284/


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