Friday, May 16, 2014

Congratulations to Our Client, Instart Logic, on a Successful Funding Round!

The Instart Logic team with Robert Scoble
On Tuesday, our client Instart Logic announced two amazing milestones – they closed a $26 million Series C funding round, led by Kleiner Perkins Caufield & Byers, and simultaneously announced that they had been named a ‘Cool Vendor’ in Web Computing by lead analyst firm Gartner.

Just a year out of stealth mode, Instart Logic’s innovative approach to application performance has delivered dramatic results for customers ranging from One Kings Lane to the Washington Post, and their technology is making existing content delivery networks obsolete. As lead investor Matt Murphy told TechCrunch, “performance is the new gold on the web,” and this investment shows commitment to the company and the new market they are taking on.

Check out some of the coverage of this fantastic news from top-tier reporters below. Congrats to the Instart Logic team - we’re excited to keep the momentum going!

·      Dow Jones, Deborah Gage - Instart Logic Raises $26M to Deliver Web Content Fast
·      Silicon Valley Business Journal, Cromwell Schubarth - Instart Logic raises $26M to help businesses deliver cloud-based apps

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