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Nginx Raises $3 Million from BV Capital, Runa Capital and MSD Capital

Files under: News
Posted by: admin @ 00:50 [11. 10. 11]

Russian-developed Nginx web server software company Nginx Inc. has raised $3 million in Series A equity funding from BV Capital, Runa Capital and MSD Capital of Michael Dell, the company announced today. The venture capital investors obtained less than 40 percent stake in the company, reported newspaper Vedomosti. BV Capital from Germany was the lead investor in the round.

The http, reverse proxy and mail proxy server software nginx (from engine x) is free and open source. It powers web servers of Rambler, Vkontakte, Yandex and others. The new funds will be used to develop commercial products based on nginx and set up a US office in San Francisco.

Nginx Inc. was founded in July 2011 by Russian software engineer Igor Sysoev, who has been developing Nginx software since 2002. Igor Sysoev first released Nginx to public in October 2004.

The web server software Nginx served 8.5% (43 million) of top servers across all domains in October 2011, ahead of Google with 3.5%, according to Netcraft. Apache and Microsoft held 64.7% and 15.7% market share for top servers across all domains, respectively.

Across active sites, nginx holds 11.3% market share vs. Microsoft’s 12.5% share. “If current trends continue nginx will soon overtake Microsoft to have the second largest number of active sites.” said Netcraft.

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