Telstra Ventures invests in leading application delivery platform provider NGINX
21 April, 2016 – Telstra Ventures today announced it had completed a strategic investment in NGINX, Inc., a San Francisco based company whose open source software powers more than half of the world’s busiest websites.
Mark Sherman, Managing Director of Telstra Ventures, said the investment was driven by the company’s strong market growth as well as its growing technology leadership in the application delivery and deployment market.
“When you look under the hood of many of the most popular websites around the world today you find NGINX’s technology. This business continues to grow their share of the web server market and has compelling value-add propositions to sell,” said Mr Sherman.
“NGINX provides a popular application delivery platform, which is renowned for its load balancing capabilities, high performance, security, and scale, and is in use on more than 140 million sites worldwide. They consistently deliver improved capabilities and performance for video heavy sites, and sites experiencing high traffic volumes.
“We are looking forward to working closely with NGINX to improving our customer experience and help our users embrace more software-defined application services,” added Mr Sherman.
Gus Robertson, Chief Executive Officer of NGINX, welcomed the investment from Telstra and the other parties involved in the funding round.
“We see Telstra as an important partner in expanding our market reach to new geographies. Telstra has an extensive customer footprint, both in Australia and across Asia-Pacific. We are looking forward to working with them to bring our technology solutions to companies across the region,” said Mr Robertson.
“NGINX offers our users a modern-day tool set to develop, deploy and maintain their applications and websites, which is mission-critical for all digital businesses today, especially anyone involved in e-commerce, or media and entertainment.”
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