closes $1.5M seed-funding round backed by Boulder VCs

BOULDER — Inc., a 4-year-old Australian company whose founders recently moved the company to Boulder, announced Wednesday it has closed a seed-funding round of $1.5 million. raised $800,000 of the round in March.

The completed round was led by venture capitalists in Boulder, including Tahoma Ventures, Blue Note Ventures, Galvanize Ventures and Techstars Ventures. operates a content delivery network used by high-traffic web sites. The network is integrated with agile development workflows. gives engineers more control and flexibility to drive website performance and security.

Ari Newman, a partner at Techstars, said the group is excited to add to the Techstars Ventures portfolio.

“Their technology bakes website scaling in at the most fundamental level, and will change how the content delivery network industry delivers value going forward,” Newman said. “By bringing agile development workflows to the CDN industry, has integrated the last bastion of the web application delivery stack with agile development workflows.” in a prepared statement said it is adding to its sales and development teams. Additionally, the capital will allow the company to focus on partnerships with hosting providers, content management system providers, agile development tools and other complementary software-as-a-service products.