WordPress web hosting provider, WP Engine, headquartered in Austin, Texas, has announced a $15 million investment from North Bridge Growth Equity. The investment will be used to accelerate global growth through the introduction of new product innovations across the WP Engine WordPress hosting platform.
Founded in 2010, WP Engine currently powers tens of thousands of websites and applications built with the WordPress platform. WP Engine’s WordPress optimized web hosting platform serves organizations ranging from large enterprises and big media to SMBs, family-run businesses and bloggers who require speed, security, performance and reliability from their WordPress deployments.
“We are excited for North Bridge to join the WP Engine team,” said Heather Brunner, CEO of WP Engine. “As we continue to experience hyper-growth as a business, this investment will enable us to accelerate our platform innovation and deliver market leading customer experiences. Our goal is nothing less than delivering the best customer experience for managing WordPress in the marketplace.”
Surging enterprise demand
More than 36 million unique visitors interact with a WP Engine client every day on digital properties spanning retail, media, and financial services. In 2013, the WordPress web hosting specialist expanded its executive team in response to surging enterprise demand, most recently naming former Bazaarvoice COO Heather Brunner as CEO in October 2013.
“We are thrilled to partner with the WP Engine team as they build the next great platform company for the front lines of digital customer interaction,” said Matthew Blodgett, a General Partner at North Bridge Growth Equity and the newest member of the WP Engine Board of Directors. “WP Engine has what it takes to win – a powerful vision, strong technology and a seasoned executive team with a track record of success. Together with their clients and the WordPress community, WP Engine is building a new breed of fast, secure, and reliable content management.”