Instart Logic, a cloud application delivery service that would make a content delivery network (CDN) obsolete, has raised $26 million in an oversubscribed Series C funding to continue the company’s rapid sales growth and accelerate product innovation.
Using Instart Logic, organizations would be able to provide ultra-fast, visually immersive experiences on any device. Its unique cloud-client platform and web application streaming technology solves performance challenges inherent in wireless connections and makes content delivery networks (CDNs) obsolete.
Washington Post, Wine.com
These funds come at a time of exponential growth for Instart Logic, whose customer base has grown by more than 500 percent over the past year. Companies such as One Kings Lane, Volcom, Washington Post, Wine.com and Omni Hotels have replaced their existing content delivery networks (CDNs) with Instart Logic’s service.
The funding round was led by Kleiner Perkins Caufield & Byers (KPCB) with participation from prior investors Andreessen Horowitz, Greylock Partners, Sutter Hill Ventures and Tenaya Capital.
“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 Manav Mital, CEO, Instart Logic. “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.”
