Ngrok, A Service To Help Devs Deploy Sites, Services And Apps, Raises $50M
Dec 13, 2022•about 3 years ago
Amount Raised
$50 Million
Investors
Lightspeed Venture Partners
Description
Ask Alan Shreve why he founded Ngrok, a service that helps developers share sites and apps running on their local machines or servers, and he’ll tell you it was to solve a tough-to-grok (pun fully intended) infrastructure problem he encountered while at Twilio. As an engineer there, Shreve was developing on webhooks — automated messages sent from apps when something happens — without an appropriately-tailored development environment, which slowed the deployment process.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech