Section Overview

  • Year Founded
  • 2012

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 44

Employees

  • Latest Deal Type
  • M&A

Section General Information

Description

Developer of a cloud-native hosting system designed to optimize the orchestration of applications with a global infrastructure for optimal application delivery. The company's system intelligently and adaptively manages workloads around developer intent such as desired performance, cost, or reliability, to ensure applications run at the right place and time, enabling developers to have control over their content delivery.

Contact Information

Website
www.section.io
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Corporate Office
  • 2101 Pearl Street
  • Boulder, CO 80302
  • United States
+1 (720) 000-0000
Primary Industry
Business/Productivity Software
Other Industries
Software Development Applications
Media and Information Services (B2B)
Acquirer
Webscale Networks
Vertical(s)
CloudTech & DevOps, SaaS, TMT
Corporate Office
  • 2101 Pearl Street
  • Boulder, CO 80302
  • United States
+1 (720) 000-0000

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Section Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
10. Merger/Acquisition 19-Oct-2023 000.00 Completed Generating Revenue
9. Accelerator/Incubator 16-Sep-2021 000.00 Completed Generating Revenue
8. Later Stage VC (Series B) 26-Apr-2021 0000 000.00 0000 Completed Generating Revenue
7. Secondary Transaction - Private 000.00 Completed Generating Revenue
6. Later Stage VC (Series A) 23-Mar-2020 00.00 000.00 000.00 Completed Generating Revenue
5. Later Stage VC (Series A) 02-Jul-2018 00.00 00.000 000.00 Completed Generating Revenue
4. Seed Round 20-Mar-2017 00.000 00.000 00.000 Completed Generating Revenue
3. Accelerator/Incubator 18-Feb-2016 00000 00000 Completed Generating Revenue
2. Grant 10-Aug-2015 Completed Generating Revenue
1. Capitalization 10-Aug-2015 Completed Generating Revenue
To view Section’s complete valuation and funding history, request access »

Section Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series B 0,000,000 00.000000 00 00.00 00.00 00 00.00 000
Series A Prime 0,000,000 00.000000 00 00.00 00.00 00 00.00 0.000
Series A 5,729,489 $0.000100 6% $0.97 $0.97 1x $0.97 14.91%
Seed 4,554,963 $0.000100 6% $0.62 $0.62 1x $0.62 11.85%
To view Section’s complete cap table history, request access »

Section Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a cloud-native hosting system designed to optimize the orchestration of applications with a global infrastr
Business/Productivity Software
Boulder, CO
44 As of 2023
000.00
000000&0 000.00

000000

rud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis a
00000000000000000000
Porto, Portugal
00 As of 0000
00.000
00000000000 00.000

000000

ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea
00000000000000000000
Cupertino, CA
00 As of 0000
000.00
0000 0000-00-00
00000000000 000.00
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Section Competitors (15)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Codavel Venture Capital-Backed Porto, Portugal 00 00.000 00000000000 00.000
KloudFuse Venture Capital-Backed Cupertino, CA 00 000.00 00000000000 000.00
NPAW Private Equity-Backed Barcelona, Spain 000 00.00 0000000 0000 00.00
CDNetworks Corporate Backed or Acquired Singapore, Singapore 000 000.00 000000&0
Twilio Segment Formerly VC-backed San Francisco, CA 000 00000 000000&0 00000
You’re viewing 5 of 15 competitors. Get the full list »

Section Patents

  • 7

    Total Documents Applications and Grants

  • 000

    Total Patents Families

  • 4

    Granted

  • 2

    Pending

  • 000

    Expiring in next 12 mo

Section Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20230291794-A1 Systems, methods, and storage media for orchestrating a distributed global computing cluster model and interface Inactive 14-Mar-2022 0000000000
EP-4121856-A1 Systems, methods, computing platforms, and storage media for administering a distributed edge computing system utilizing an adaptive edge engine Pending 20-Mar-2020 0000000000 0
US-20220278932-A1 Systems, methods, computing platforms, and storage media for administering a distributed edge computing system utilizing an adaptive edge engine Active 20-Mar-2020 0000000000 0
US-11277344-B2 Systems, methods, computing platforms, and storage media for administering a distributed edge computing system utilizing an adaptive edge engine Active 20-Mar-2020 0000000000 0
US-20210297355-A1 Systems, methods, computing platforms, and storage media for administering a distributed edge computing system utilizing an adaptive edge engine Active 20-Mar-2020 H04L47/781
To view Section’s complete patent history, request access »

Section Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Section Former Investors (22)

Investor Name Investor Type Holding Investor Since Participating Rounds
5G Open Innovation Lab Accelerator/Incubator 000 0000 000000 0
Andreas Capital Family Office Minority 000 0000 000000 0
Blue Note Ventures Venture Capital Minority 000 0000 000000 0
BoomStartup Accelerator/Incubator Minority 000 0000 000000 0
Charlie Sander Angel (individual) Minority 000 0000 000000 0
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Section FAQs

  • When was Section founded?

    Section was founded in 2012.

  • Who is the founder of Section?

    Stewart McGrath and Daniel Bartholomew are the founders of Section.

  • Where is Section headquartered?

    Section is headquartered in Boulder, CO.

  • What is the size of Section?

    Section has 44 total employees.

  • What industry is Section in?

    Section’s primary industry is Business/Productivity Software.

  • Is Section a private or public company?

    Section is a Private company.

  • What is Section’s current revenue?

    The current revenue for Section is 00000.

  • How much funding has Section raised over time?

    Section has raised $23.6M.

  • Who are Section’s investors?

    5G Open Innovation Lab, Andreas Capital, Blue Note Ventures, BoomStartup, and Charlie Sander are 5 of 22 investors who have invested in Section.

  • Who are Section’s competitors?

    Codavel, KloudFuse, NPAW, CDNetworks, and Twilio Segment are some of the 15 competitors of Section.

  • When was Section acquired?

    Section was acquired on 19-Oct-2023.

  • Who acquired Section?

    Section was acquired by Webscale Networks.

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