NS1

NS1

A software company making an application traffic management platform.

NS1 is a software company making an application traffic management platform that is headquartered in New York City, New York and was founded in 2013 by Alex Vayl, Jonathan Sullivan, Kris Beevers, and Kristopher Beevers. Notable companies using NS1 include Dropbox, Imgur, SalesForce, and Ebay. Their platform allows redundant & secondary DNS, global server load balancing, devops & automation, multi-CDN management, IPAM reloaded, DNS security, multi-cloud orchestration, and improved application performance.

Funding

Series A

On April 7, 2015 NS1 announced raising $5.4 million in series A funding from Sigma Prime Ventures (lead investor), Flybridge (lead investor), Founder Collective, Entree Capital, Center Electric, Wayne Chang, Jeff Seibert, Alex Vayl, and Adrian Kunzle.

Series B

On September 27, 2016 NS1 announced raising $20 million in series B funding from Deutsche Telekom Capital Partners (lead investor), Two Sigma Ventures, Flybridge, Entree Capital, and Alex Vayl. The company also announced Jack Young from Deutsche Telekom Capital Partners will be joining their board of directors. Jack Young made the following comments regarding his firms decision to lead NS1's series B funding round:

The NS1 platform is a mission-critical component of some of the most visited websites and applications in the world. In a short time, they have achieved market acceptance by the leading players in the industry. The company has a vision to truly transform how modern applications are delivered, and we believe they are poised to successfully execute on that vision. DTCP looks forward to NS1's continued fast growth and we are excited to include them in our portfolio.

Series B II

On November 23, 2016 NS1 announced expanding their series B funding round with an undisclosed amount of funding form Telstra Ventures.

Venture round

On September 7, 2017 NS1 announced raising $20 million in venture funding from GGV Capital (lead investor), Deutsche Telekom Capital Partners, Telstra Ventures, Sigma Prime Ventures, Salesforce Ventures, Mago Capital, and Flybridge. The company plans on using their venture funding to hire more engineers and expand its global network infrastructure.

Series C

On October 3, 2019 NS1 announced raising $33 million in series C funding from Dell Technologies Capital (lead investor), Two Sigma Ventures, Telstra Ventures, Sigma Prime Ventures, Salesforce Ventures, Mango Capital, GGV Capital, Flybridge, Entree Capital, and Deutsche Telekom Capital Partners. The company plans on using their series C funding to accelerate the development of its edge computing, service delivery, and internet of things (IoT) technologies, and to help the company expand its services to meet global demand.

Timeline

Funding rounds

Funding round
Funding type
Funding round amount (USD)
Funding round date
Investment
NS1 funding round, October 2019
33,000,000
October 2019
4 Results
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News

Title
Author
Date
Publisher
Description
Danny Crichton
July 14, 2020
TechCrunch
Apparently, the internet is still popular. With the novel coronavirus marooning people at home for work and play, those "tubes" carrying our data back and forth have become ever more important to our livelihoods. Yet while we often as consumers think of the internet as what we buy from a service provider like Spectrum or [...]

References

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