Webscale, a Sunnyvale, Calif.-based provider of converged software for hyperscale cloud automation, raised $14 million in Series B funding
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.
The holiday shopping season of 2018 shattered all previous records in terms of ecommerce sales. Yet a survey of 350 ecommerce professionals shows merchants remain plagued with performance, availability and security issues.
The third winner of the Art of Disruption challenge is Webscale, an e-commerce infrastructure startup.
A crop of well-funded young businesses embrace blockchain, machine learning, data analytics and more to stave off costly disaster downtime.
Webscale Networks is an eCommerce cloud startup that is growing rapidly. The company has close to 75 employees and raised more than $18M in funding, according to Crunchbase. Its HQ is in Mountain View, CA and there are two support offices in Boulder, CO and Bangalore, India.
NRF’s Shop.org is always an important annual event for midmarket retailers. Here’s the full recap if you missed it… or even if you were there.
The infrastructure as a service market is $22.5 billion in size, and James Smith’s Webscale is working with every SMB and enterprise wanting to enter the ecommerce market.
Sonal Puri shares her own professional journey with BW CIOWORLD which provides insights on both opportunities and challenges faced by women in technology.
Live discussion with Sonal Puri, CEO of Webscale Networks and YourStory’s Business Editor, Vishal Krishna.
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