Netlify raises $53M Series C

March 5, 2020Client News

Gunderson Dettmer client Netfliy, a web development platform, announced its $53 million Series C financing. The financing was led by EQT Ventures Fund and included Andreessen Horowitz, Kleiner Perkins and Preston-Werner Ventures.

In the announcement of the transaction Mathias Biilmann, co-founder and CEO of Netlify, said "We started Netlify with the mission to empower developers and change the way the web is built. The growing number of developers signing onto Netlify daily and the latest investment in our business has validated that vision. With this funding we’re full-speed ahead delivering new features, investing in our enterprise-grade infrastructure and growing our team, to help more developers and businesses take advantage of the JAMstack."

The Gunderson Dettmer deal team was led by Nicholas Markman and included Joshua Ephraim and Harrison Hawkes.