Tag Archives: Raises

PALO ALTO, Calif., July 20, 2021 /PRNewswire/ — ScaleGrid, a leading Database-as-a-Service (DBaaS) provider with its headquarters in Palo Alto, CA and with offices in Bangalore, India and Vancouver, Canada, today announced a growth equity round led by private equity firm Spotlight Equity Partners to support its growth in the managed databases market. ScaleGrid provides fully managed database hosting solutions for MySQL, PostgreSQL, Redis™, MongoDB® Database and Greenplum on both private and public clouds. The managed database market is a rapidly expanding market, and, according to Gartner, is expected to account for 50% of the total database management system market revenue by 2023. Gartner also projects that by 2022, 75% of all databases will reside in the cloud.

10Web, a startup that automates website hosting and building with AI, announced a $2M funding round for its Automated WordPress Platform from Sierra Ventures and AI Fund.

The story of 10Web began in 2011 when a small team of engineers led by Arto Minasyan founded a WordPress plugin company that grew into a successful business with 1 million users. This experience really helped Arto, serial entrepreneur and co-founder, Krisp, and his team in identifying the biggest problems in web development.

“Tens of millions of WordPress websites are built every year, and an average website launch takes 5 weeks! We wanted to bring automation to WordPress development to facilitate and speed up this process,” states 10Web’s CEO Tigran Nazaryan.

The team of 10Web has found three key challenges in…

NEWARK, Del., July 6, 2021 /PRNewswire/ — 10Web, a startup that automates website hosting and building with AI, announced a $2M funding round for its Automated WordPress Platform from Sierra Ventures and AI Fund. 

10Web’s story started back in 2011 when a small team of engineers led by Arto Minasyan established a WordPress plugin company that grew into a successful business with 1M users. This experience helped Arto, a serial entrepreneur and co-founder of Krisp, and his team identify the biggest problems in web development.

“Tens of millions of WordPress websites are built every year, and an average website launch takes 5 weeks! We wanted to bring automation to WordPress development to facilitate and speed up this process,” states 10Web’s CEO Tigran…

10Web, a startup that automates website hosting and building with AI, announced a $2M funding round for its Automated WordPress Platform from Sierra Ventures and AI Fund

NEWARK, Del., July 6, 2021 /PRNewswire/ — 10Web, a startup that automates website hosting and building with AI, announced a $2M funding round for its Automated WordPress Platform from Sierra Ventures and AI Fund.

10Web’s story started back in 2011 when a small team of engineers led by Arto Minasyan established a WordPress plugin company that grew into a successful business with 1M users. This experience helped Arto, a serial entrepreneur and co-founder of Krisp, and his team identify the biggest problems in web development.

“Tens of millions of WordPress websites are built every year, and an average website launch takes…