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NodeSource Raises $17.5M to Advance Node.js Applications

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Posted December 28, 2017 By Sean Michael Kerner     Feedback

There is money to be made in the node.js world as developer use continues to grow.

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When looking to build and deploy enterprise applications in 2018, NodeSource and its investors are betting that many will choose to use Node.js.

Node.js is a widely deployed open source JavaScript framework that NodeSource supports with its commercial N|Solid platform. On Dec. 25, NodeSource announced that it had raised $17.5 million in a Series B round of funding led by Silicon Valley Bank and Industry Ventures. Total funding to date since the company was founded in 2014 now stands at $33.4 million for NodeSource.

"Our Node.js solutions are powerful tools for enterprises that need to run mission-critical applications on JavaScript," NodeSource founder and CEO Joe McCann stated. "The market potential is significant, and this Series B investment from our partners at Crosslink Capital, Industry Ventures, Silicon Valley Bank and RRE Ventures further validates the strategy behind N|Solid and NodeSource Certified Modules (NCM), which is all about empowering organizations to successfully adopt, operationalize and scale Node.js to drive digital transformation initiatives."

NodeSource announced its N|Solid 3.0 platform on Dec. 6, debuting a redesigned user interface alongside new features. Among the new features is improved scalability beyond 250 processes, with dashboard support for large-scale Node.js application deployments.

"N|Solid 3.0 introduces more comprehensive and customizable thresholds and notifications settings, as well as interface updates that make it easier to secure and monitor large-scale applications," McCann stated. "Expanded functionality and greater flexibility empower teams to deliver peak performance and optimize infrastructure usage, while saving money."

Sean Michael Kerner is a senior editor at EnterpriseAppsToday and InternetNews.com. Follow him on Twitter @TechJournalist.

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