WP Engine Garners $23,000,000 New Funding

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=32141f45-9b10-47a6-b20a-54969458388c
Date
3/25/2015
Company Name
WP Engine
Mailing Address
504 Lavaca Street Austin, TX 78701 USA
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
$23,000,000
Transaction Round
Undisclosed
Proceeds Purposes
We will use a portion of this funding to create meaningful and fulfilling jobs with WP Engine as we strive to double our business from 2014 into this year.
M&A Terms
Venture Investor
Venture Investor