Convesio secures 5 million for scalable WordPress hosting platform
Convesio will invest these funds in the development of its Docker-based WordPress hosting platform
Convesio successfully raised $5 million in funding from a select group of private investors. This follows Convesio crowdfunding round in 2019where they raised over $1 million from over 800 individual investors.
Convesio has demonstrated impressive developments over the past two years. These achievements, combined with the fact that the platform offers a solution to scaling challenges that most market players have missed, made the investment a natural next step.
The Convesio team plans to use these funds to accelerate the development of its scalable WordPress hosting platform, grow its user base, and boost sales and marketing activities.
Scaling WordPress is now easier than ever
The release of the third version of the platform last year represented the culmination of more than three years of R&D and delivered on Convesio’s original promise: to do enterprise level WordPress hosting accessible to all.
Convesio leverages Docker container technology to provide vertical and horizontal scalability, which is typically achieved through complex and expensive VPS designs and implementations. Convesio allows anyone to deploy a highly scalable WordPress website in minutes through an easy to use dashboard.
Customers can configure autoscaling by setting the minimum and maximum number of containers their website should run on. Convesio will automatically deploy and remove others based on required resources, with a load balancer sharing traffic equally between each. More advanced users can define custom threshold values that trigger scaling events. These are based on different combinations of CPU, memory, and PHP worker usage.
Large Scale Performance
Convesio was designed to deliver a consistently fast experience, regardless of load, and solves the critical challenges of scaling WordPress.
e-commerce – manage expected or unexpected spikes in traffic, whether it’s a Black Friday-type event, a flash sale or a campaign that has gone viral. Convesio keeps WooCommerce running fast at all times.
Online learning – where an LMS needs extra grunt because a lot of users are signing up, logging in, and requesting content, but only on certain days and times of day. Only pay for additional capacity when needed.
Virtual events – Convesio automatically scales resources as attendees join and leave live events, whether there are hundreds or thousands of attendees at any given time.
Online Publications – Convesio helps the UX of high traffic publications and media sites to stay consistently fast for website visitors and the editorial team who write, edit and publish content in WordPress Admin.
Scale-ups and large companies – Require a solid base to sustain their accommodation needs.
Convesio also offers peace of mind, because Vito Peleg from Atarim Web Agency Summit can certify:
Organizing the largest virtual summit in the WordPress space was a challenge! When we organized our first event, the system even crashed on the first day, because we didn’t expect so many people to join us. We learned our lesson for the next event and the Convesio team helped us set things up from the start and everything from start to finish was extremely smooth with 2 times the requests that we had the year before.
Convesio was able to handle over 2 million requests from 6,000 visitors from 91 countries in two days without a hitch and Vito was able to focus 100% on running the event.
By producing scalability and offering it “in one click”, Convesio’s customers can save a lot of money compared to its direct competitors – Enterprise WordPress hosts or Big Cloud providers such as AWS and Google Cloud – that offer solutions that cost tens of thousands of dollars to set up, administer and maintain annually.
It is not necessary to plan for the maximum capacity needed. Customers only pay for additional resources when they’re needed, even if it’s a few hours per month.
A new benchmark for the industry
Convesio’s docker-based WordPress hosting platform is the kind of unique solution that helps the WordPress economy grow, despite fierce competition.
With its innovative solution to WordPress scalability challenges, Convesio has transformed the industry the same way an industry giant would. The outcome of their efforts aligns closely with WordPress’ own mission to democratize publishing.
This $5 million funding will go a long way in helping the Convesio team accelerate the development of the platform and the growth of the company as a whole. By doing so, Convesio will also enable its customers to achieve unprecedented growth.
Convesio was founded in 2018 to provide businesses and agencies with a scalable and secure WordPress site hosting platform without the complexity of traditional cloud providers.
Convesio uses Docker technology which offers a number of advantages over the traditional VPS stack. Docker containers are lighter, more portable, and less hardware-dependent, which is why Spotify, Netflix, and Lyft use them for faster, more efficient delivery of their apps.
Through containerization, Convesio is able to achieve true elastic scaling, both vertically and horizontally. This means that during scaling events, new instances of WordPress can be deployed to different servers and are not limited by hardware capacity.
Convesio’s innovative platform is complemented by a team of developers and engineers with many years of experience scaling WordPress.