Convesio Raises $5M to Expand Docker-Powered Hosting Platform
WordPress hosting company Convesio has raised $5 million from private investors. This funding round includes some of the company’s original investors who participated in Convesio’s 2019 Wefunder crowdfunding campaign, which brought in more than $1 million from 800+ investors. “I started Convesio because legacy hosting providers have not evolved their technology, struggled to provide high uptime, and lacked the capability to scale WordPress on demand,” Fenelli said. Convesio aims to make enterprise level hosting more accessible to customers with smaller budgets. Its Docker-powered platform allows sites to auto-scale up and down as necessary. It will automatically deploy multiple containers to handle higher loads and bills additional containers at an hourly rate. “Traditional hosts put you on a plan to handle the highest level of resources your website needs, even if you only need them 5 hours a month,” Fanelli said. “It’s like leasing a Ferrari to use it for your daily commuting because you also take it to the track for a few laps once a month.” Convesio is aiming to take on the larger, more established hosting companies by ‘productizing’ scalability in order to keep costs down. The company boasts that customers can deploy a WordPress site with load…
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