Webscale raises $14 million to help ecommerce companies manage their cloud

Webscale raises $14 million to help ecommerce companies manage their cloud

Webscale a Sunnyvale, California-based software-as-a-service (SaaS) provider of cloud automation and orchestration tools for ecommerce companies, today announced that it’s secured $14 million in series B financing led by Mohr Davidow Ventures, with participation from Benhamou Global Ventures and Grotech Ventures. Notably, the fresh capital comes as Webscale’s year-over-year revenue growth tops 100%.

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E-Commerce Cloud Company Webscale raises $14 million

E-Commerce Cloud Company Webscale raises $14 million

Webscale, a provider of software-as-a-service (SaaS) of cloud automation and orchestration tools for e-commerce companies, recently announced that it secured $14 million in a series B financing round led by Mohr Davidow Ventures along with the participation from Benhamou Global Ventures and Grotech Ventures.

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Common E-Commerce Infrastructure Challenges and How to Address Them

Common E-Commerce Infrastructure Challenges and How to Address Them

According to Webscale’s recent State of E-Commerce Infrastructure report, 6.4 percent of online merchants cited downtime as their biggest challenge during the e-commerce industry’s lucrative fourth quarter in 2018. Furthermore, 11.9 percent of merchants reported serious site slowdown issues, and 21 percent admitted to experiencing cyber attacks. Lastly, 18.35 percent of merchants grappled with all three challenges.

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