Pantheon Declares Hosting ‘Dead’ as it Raises $21.5M for WordPress, Drupal Website Platform

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Website platform Pantheon announced on Thursday that it has raised a $21.5 million Series B funding round led by Scale Venture Partners to invest in product development and accelerate growth internationally.

It is one of a new breed of companies that are packaging hosting offerings for the next-generation of developers, designers and marketers who want websites that work, but don’t want to deal with all of the back-end hosting stuff.

Pantheon designed its website platform that supports WordPress and Drupal to help customers standardize and manage all of their websites in one place. It believes that traditional hosting is dead as it is unable to deal with website outages caused by large traffic spikes.

WordPress hosting takes a special focus on scalability and security, and as such, web hosts that focus squarely on WordPress have seen success. At the beginning of the year, WordPress web hosting provider WP Engine raised $15 million in funding.

Launched in 2012, Pantheon hosts more than 65,000 sites, with customers including the United Nations and Intel, as well as developers, designers and marketers. To date, the company has raised $28.8 million.

Pantheon has a team of 30 focused on allowing customers to offload difficult, mission-critical tasks to the cloud and scale in software.

“The era of website hosting is over, website development workflow killed it. Professional website developers need deployment, collaboration, and scaling tools from the start,” Zack Rosen, CEO and co-founder of Pantheon said. “With ScaleVP and OpenView on board, we are well positioned to reach our goal of powering 30 percent of the web.”

Panthoen’s Series B funding round also included participation from OpenView Partners and existing investors Foundry Group and First Round Capital. As part of the funding round, Rory O’Driscoll, partner at Scale Venture Partners will join Pantheon’s board of directors.

Pantheon plans to use the financing to scale its platform internationally, and double down on its go-to-market expansion strategy.

“The single most important asset for every marketing department is the website but the current process for building, launching and running a website is a mess,” said Rory O’Driscoll, Partner at Scale Venture Partners. “Pantheon gets everyone on the same page to launch the website on time, and on budget. They are serving a massive horizontal market and I am excited to be working with them.”

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