Tuesday, February 10th, 2015

Investors Rise to Create Sustainable Enterprise Ecosystem for Node.js Community

NEW YORK, NY -- (Marketwired) -- NodeSource, an enterprise-focused software company created to build a robust product ecosystem around Node.js, announces today $3M in first round seed funding from Crosslink Capital and Resolute Ventures. This funding exemplifies the pent-up demand for Node.js solutions as enterprises abandon their monolithic applications in favor of modern, scalable service oriented architectures.

NodeSource's portfolio of clients includes Uber, PayPal, Fitbit, and Netflix. The company delivers powerful Node.js tooling to enterprise customers. The company will use funding to continue expansion with the release of upcoming products and partnerships with Fortune 500 companies. Early on, NodeSource recognized the massive opportunity for Node.js to transform IT organizations worldwide. With current funding, a new generation of products from NodeSource will roll out to better build, monitor, tune, and deploy Node.js applications effectively. 

"It is rare to see a small company make such an impact on critical enterprise functions, and when I met Joe I knew the NodeSource team had an important advantage," said Eric Chin, General Partner at Crosslink Capital. "In terms of knowledge transfer, NodeSource has the magic to keep Node.js pure and reliable, while future-proofing it for new architectural approaches."

In conjunction with the funding Eric Chin will join NodeSource on the Board of Directors. Eric leads Crosslink Capital's Seed program and is Co-Founder of Alpha Club, a networking group that brings together over 600 Founders and CEOs. Eric brings more than 20 years of Internet, software, and cloud infrastructure experience to NodeSource.

"Monolithic applications, mainly written in Java, are killing development cycles, stifling innovation and keeping Java-heavy IT organizations many steps behind their competitors, especially those who have embraced a microservices architecture," explains NodeSource Co-Founder & CEO, Joe McCann. "Some of the world's most innovative enterprise clients have purchased access to our best practices and software tools to securely and reliably integrate Node.js into their organizations. Our purpose for them and the market is to make sure they get the agility and efficiency from Node with the confidence of a mature development and deployment environment."

Brendan Eich, inventor of the JavaScript programming language and Advisor to NodeSource, adds, "JavaScript is no longer limited to just websites. It is now running on the server thanks to the massive adoption of Node.js. NodeSource, with their tools and expertise, is well-positioned to bring Node.js and server side JavaScript to the Enterprise."

About NodeSource:
NodeSource is a technology company dedicated to delivering enterprise-grade software products in support of a sustainable ecosystem for the open source Node project. We aim to drive and expand the Node.js Ecosystem by providing best of breed solutions that specifically target the needs of the enterprise. Clients include PayPal, Intuit, Uber, Netflix, FitBit and other progressive Node adopters who are leading the charge in microservices via server-side JavaScript instead of just maintaining legacy monolithic applications like Java. NodeSource is venture backed by Crosslink Capital (Eric Chin) and Resolute.vc (Raanan Bar-Cohen and Michael Hirshland). For more information visit www.nodesource.comand follow @nodesource.


Katie Campisano
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