WP Engine Garners $15,000,000 New Funding Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1df181f3-af1f-4d7c-be81-38452c7abaf5
Date
1/14/2014
Company Name
WP Engine
Mailing Address
504 Lavaca Street Austin, TX 78701
Company Description
WP Engine offers a WordPress VIP-type experience for smaller-scale websites. The service includes top-notch support, one-click backups, optimization for speed and scalability, and security features that include automatic software upgrades.
Website
http://www.wpengine.com
Transaction Type
Venture Equity
Transaction Amount
$15,000,000
Transaction Round
Undisclosed
Proceeds Purposes
The investment will be used to accelerate growth through the introduction of new product innovations across the WP Engine platform.
M&A Terms
Venture Investor
North Bridge Growth Equity