US-based online traffic management software provider NS1 has secured $20m in a funding round featuring enterprise software provider Salesforce and telecommunications companies Telstra and Deutsche Telekom.
Venture capital firm GGV Capital led the round, which included Flybridge Capital Partners, Sigma Prime Ventures and Two Sigma Ventures, while the corporates took part through subsidiaries Salesforce Ventures, Telstra Ventures and Deutsche Telekom Capital Partners.
NS1 has built an intelligent software platform that can manage domain name server (DNS) and online traffic for large internet and enterprise companies. Salesforce is a customer, as is Guardian Media Group, social network LinkedIn and data storage provider DropBox.
The round increased NS1’s overall funding to $45.4m, and follows a $20m series B round led by Deutsche Telekom Capital Partners in September 2016 that included Two Sigma Ventures, Flybridge Capital Partners and Sigma Prime Ventures.
The latter two had previously co-led the company’s $5.4m series A round in 2015, participating alongside Founder Collective, Center Electric and various angel investors.
Kris Beevers, co-founder and chief executive of NS1, said: “By unlocking the potential of DNS with our unique software and delivery platforms, NS1 will continue to solidify its position as the clear market leader in DNS.
“We are excited to continue our mission to build a smarter internet and become a foundational internet player in the coming years.”