Berkeley-based Gatsby raises $28 million in Series B funding round led by Index Ventures
This week, the team at Gatsby, a website development tool, announced a $28 million Series B funding round which was led by Index Ventures. CRV and Trinity Ventures also joined this funding round. The team also announced that Shardul Shah, Index Ventures Partner, joined Gatsby’s board of directors.
Shardul Shah, partner at Index Ventures, said, “Web presence and performance has never been more critical to a brand’s success, yet website technology has been stuck in the 2000s era without an easy path to modernization. Gatsby solves this problem with a first-of-its-kind ecosystem that productizes modern tooling and brings together all the best ways to build the web.”
He further added, “Gatsby’s rapid traction with large brands and the developer community in recent years is a testament to the team’s execution of this vision.”
The web development tool is known for building websites including blogs, portfolio pages, company homepages as well as e-commerce applications. Fortune 500 companies and businesses including ButcherBox, Capital One, DraftKings, IBM, Impossible Foods, Little Caesars and more have already adopted Gatsby for website development.
Gatsby: Super beneficial for developers!
Developers benefit from the tool as it provides easy-to-use, secure, collaborative, and high-performing website framework. We have listed a few interesting facts about Gatsby that makes it stand out!
Fastest growing site developer platform
The month-over-month growth of active users on this platform is 10% and it provides around 2,000 plug-ins with 3,300 contributors and 200,000 sites on GitHub.
Easy to integrate!
The platform can easily integrate with WordPress, Drupal, and other CMSs which is a boon to creators and editors!
Businesses using this tool see increased conversion rates because Gatsby-built websites load up to 10x faster than the usual sites based on traditional databases. The websites built via this tool are pre-rendered and they are deployed as static pages to a global CDN (content delivery network) and are scalable.
Kyle Mathews, CEO and co-founder of Gatsby said, “The rapid growth of the Gatsby developer community confirms our vision is widely shared and that, collectively, we are blazing the way for building a better, faster, more inclusive web.”
He further added, “This funding will help us expand our product capabilities so we can become the way to build the web for everyone. We can’t wait until everything from personal portfolios to the largest sites on the web are powered by Gatsby.”