AAA Yottaa performs $13m funding round

Yottaa performs $13m funding round

Yottaa, a US-based web performance monitoring platform backed by semiconductor producer Intel, disclosed $13m in funding today, in a round led by Stata Venture Partners that included fellow existing investor General Catalyst.

A regulatory filing by Yottaa last week stated it had raised $13.2m of a $17.7m funding round.

Founded in 2009, Yottaa operates a performance monitoring and optimisation platform for web and mobile content that is specifically aimed at the e-commerce sector. The company claims its technology enables pages to be loaded within an average of less than three seconds.

Yottaa previously raised $10.4m in 2014, according to a regulatory filing. Intel Capital, the corporate venturing subsidiary of Intel, led a $16m funding round in 2013 that also included General Catalyst Partners and Stata Venture Partners.

General Catalyst, Stata and Cambridge West Ventures previously supplied $9m in series B capital in 2012 and $4m in a 2010 series A round.

– This article was amended on November 16, 2017 to reflect information issued in a press release by Yottaa.

Leave a comment

Your email address will not be published. Required fields are marked *