News

$11M Series B to Fuel Growth of Global Data Stream Network

2 min read Todd Greene on Sep 17, 2013
Try PubNub Today

Free up to 1MM monthly messages. No credit card required.

Subscribe to our newsletter

By submitting this form, you are agreeing to our Terms and Conditions and Privacy Policy.

Today, we’re ecstatic to announce $11 million in Series B funding led by Scale Venture Partners, along with existing investors Relay Ventures and TiE Angels. In 2009, we set out to develop a data stre...

Today, we’re ecstatic to announce $11 million in Series B funding led by Scale Venture Partners, along with existing investors Relay Ventures and TiE Angels.

In 2009, we set out to develop a data stream network to make it easier for developers to build, deploy, and scale real-time apps. In the last 18 months, we’ve been able to grow our traffic by 200x. We’re now powering thousands of apps and stream at peaks over three million messages a second to over 100 million devices a month.

So what now?

Well to start, we plan to use our funding to accelerate our growth internationally by beefing up our sales and marketing efforts. But more importantly, we’ll continue to roll out new additions to the PubNub Data Stream Network so you can create even more amazing real-time apps quickly (we’ve got some good stuff in the works).

We want to give a big thanks to our customers. Your feedback, support, and suggestions have helped us get to where we are today. We’d also like to thank the developer community across the globe, whether you toyed with PubNub in the sandbox tier, or fully scaled out an app to thousands of users.

Real-time is now a mainstream consumer expectation, but building and scaling real-time experiences is complex and expensive using traditional web architecture. We will to continue to change that.

We’re excited to see how you’ll use the PubNub Data Stream Network!

Read more:

Andy Vitus of Scale Venture Partners on why they chose to invest in PubNub: “PubNub: The Real-Time Network

PubNub Secures $11 Million In Series B Funding To Fuel Growth Of Global Real-Time Network [MarketWatch]

Scale Venture Partners Invests $11 Million in PubNub Series B by Arik Hesseldahl [AllThingsD]

PubNub Picks Up Another $11M Led By ScaleVP To Build Out Its API-Based Real-Time Services Network by Ingrid Lunden [TechCrunch]

More from PubNub

Top Trends to Engage Your App Users
InsightsSep 27, 20224 min read

Top Trends to Engage Your App Users

Take a look at the top trends that are the most effective in attracting customers and reducing churn, and how you can incorporate...

PubNub Staff

PubNub Staff

Comparing Game Engines: Unity vs Unreal vs the Rest
Real-Time Gaming BlogSep 21, 20225 min read

Comparing Game Engines: Unity vs Unreal vs the Rest

Comparing the major game engines: Unity vs Unreal Engine vs Corona SDK vs GameMaker Studio, including the benefits and cons of...

PubNub Staff

PubNub Staff

Python Socket Programming: Client, Server and Peer Libraries
BuildSep 21, 20226 min read

Python Socket Programming: Client, Server and Peer Libraries

Sockets (aka socket programming) enable programs to send and receive data, bi-directionally, at any given moment. This tutorial...

PubNub Staff

PubNub Staff