Content delivery startup Netli has clinched $18 million in Series D funding to support its push from application delivery into backup and business continuity services. The round brings Netlis total funding to $47 million. (See Netli Gets $18M, Wins SAP Deal.)
Netli CEO Gary Messiana says he will be using the money to increase the firms headcount from 50 to 65 over the next couple of months, as well as extending its product set. Were expanding our offload capability, and we will be introducing new intranet products for small office and home office users, he says.
Netli uses a network of 30 data centers dotted around the world to help users shift their Web applications to remote sites. It started life back in 2000, offering its flagship NetLightning portal as a way for users to deliver applications to diverse locations. (See Netli Scales Up .)
Over the last few years, Netli has expanded its offerings into backup and business continuity, recently opening a new data center in San Jose, Calif., where users can offload their files via the Internet. (See Netli Offers New Services and Netli Launches NetliOffload.)
According to Messiana, this so-called "Offload Center" is designed to help users keep pace with demand. Customers often do not want to build out infrastructure to cope with peaks and troughs in demand, he says. During peak times they offload to us.