Instart Logic Receives $26 Million in Series C Funding

Instart Logic Receives $26 Million in Series C Funding

$26 million funding Instart Logic series c

May 13th, 2014 By:

(The Hosting News) – Cloud application delivery service, Instart Logic, has received $26 million in Series C funding to help businesses deliver applications through the cloud.

The company’s recent funding comes from Kleiner Perkins Caufield & Byers and previous investors including Andreessen Horowitz, Greylock Partners, Sutter Hill Ventures, and Tenaya Capital, Silicon Valley Business Journal reports.

Within the past year, the company’s customer base has grown more than 500 percent, with customers including Wine.com, the Washington Post, One Kings Lane, Volcom, and Omni Hotels.

“In less than 12 months, Instart Logic has introduced many of the world’s most performance-obsessed companies to a new way of accelerating their cloud applications,” said Instart Logic CEO, Manav Mital. “We’ve only scratched the surface of our technology potential, and we are pleased that KPCB is joining us to take our business into the next phase of growth.”

Since the company’s founding in 2010, Instart Logic has raised a total of $52 million.


SPONSOR SHOWCASE
Caronet Cloud - VMware Private and Public Cloud

* No Force-Fitting Configurations - Build to Your Requirements
* Enhanced Security, High Performance and Robust Infrastructure
* Fully-Redundant Architecture Built for High Reliability
* RESTful API - User Friendly & Syncs Easily with Current Programming
* Enterprise Level Support 24 x 7 x365