Snapt Inc.
| Snapt Logo - Wiki.png | |
| Private | |
| ISIN | 🆔 |
| Industry | Computer Software |
| Founded 📆 | |
| Founder 👔 | |
| Headquarters 🏙️ | Cape Town, South Africa |
Area served 🗺️ | |
Key people | Founder and CEO: David Blakey |
| Products 📟 | Application delivery controller Load balancing |
| Members | |
Number of employees | |
| 🌐 Website | corp.snapt.net |
| 📇 Address | |
| 📞 telephone | |
Snapt Inc. was a software company that provided load balancing, acceleration, security and caching for websites, applications and services. Snapt shut down in August 2022.
The company's primary products were Snapt Aria and Snapt Nova, both application delivery controllers or ADCs.
History
Snapt Inc. was founded in 2012 in South Africa and had an office and headquarters in Cape Town, South Africa.[1]
Competitors included: F5 Networks, KEMP Technologies, Cisco Systems, and Citrix Systems.
Snapt shut down in August 2022.
Business
Snapt Inc.’s product range helped optimize and offload content through load balancing, web acceleration, web application firewalling and global server load balancing. It spread requests between various servers to ensure that websites, applications, and services loaded as quickly as possible.[2]
The company achieved year-on-year growth of 400% in both 2014 and 2015.[3]
In 2016, Snapt Inc's load balancing and web acceleration offering had been used by over 10,000 clients in 50 countries [4] including: Intel, Target, Cisco Systems and MTV. [5] In mid-2016, the company raised $1 million in investment funding from private equity and venture capital firm, Convergence Partners.[6]
In mid-2018, the company raised a further $3 million in series A funding from private equity and venture capital firm, Convergence Partners, Nedbank and other investors.[7]
In August 2022, Snapt lost investor funding and closed its doors, releasing all employees.
Technology
Snapt Inc's ADC solution included a layer 7 load balancer, web accelerator for web acceleration and caching, as well as a web application firewall.[8]
The company's offerings were virtual machine (VM), Kubernetes and cloud-based.[3]
External links
References
- ↑ "SA's Snapt opens US office as it exceeds 10k customers". Disrupt Africa. Retrieved 2017-07-06.
- ↑ "SA-based Snapt expands after nabbing $1m in funding". Ventureburn. Retrieved 2017-07-06.
- ↑ 3.0 3.1 "SA start-up Snapt scores $1 million in funding". BusinessTech. Retrieved 2017-05-20.
- ↑ "How one African Misruptive Innovation Company Is Storming a Key US Market". Sable Network. Retrieved 2017-05-20.
- ↑ Oxford, Tamsin "In a Snapt", Brainstorm Magazine, South Africa, 2017-03-23. Retrieved on 2017-05-23
- ↑ "App Delivery Software Snapt Receives $1M in Growth Funding". FINSMES. Retrieved 2017-07-06.
- ↑ "Snapt Secures $3 Million in Series A Funding". DevOpsDigest. Retrieved 2020-05-05.
- ↑ "SA software startup Snapt raises $1m to aid expansion". Disrupt Africa. Retrieved 2017-07-06.
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