F5 Networks took a dive yesterday after the company announced it was acquiring open-source web server NGINX. While media coverage of the deal was largely positive, the public markets appeared much more skeptical, as F5 stock finished the day down nearly 8%. As most analyses noted, the logic behind the deal is clear. F5’s existing […]
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Nginx lands $43 million Series C to fuel expansion
Nginx, the commercial company behind the open source web server, announced a $43 million Series C investment today led by Goldman Sachs Growth Equity. NEA, which has been on board as an early investor is also participating As part of the deal, David Campbell, managing director at Goldman Sachs’ Merchant Banking Division will join the […]
View More Nginx lands $43 million Series C to fuel expansion