famo.us
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
famo.us - overview
Established
2011
Location
Berkeley, CA, US
Primary Industry
Internet
About
famo. us is a company specializing in advanced web development and application framework solutions that enhance the performance and interactivity of web applications for developers and enterprises. Founded in 2011 in Berkeley, US, famo. us focuses on providing a high-performance infrastructure for web developers.
The company, led by founder Steve Newcomb and CEO Aaron Day, has pivoted its strategy to concentrate on innovative solutions for web application performance. It has completed a total of 4 deals, with its most recent funding round being a VENTURE DEBT round in August 2014, raising USD 5. 00 mn from investors including Insight Partners, Javelin Venture Partners, and Samsung Venture Investment. To date, famo.
us has raised a total of USD 20. 00 mn. famo. us is primarily known for its advanced web development and application framework solutions designed to enhance the performance and user experience of web applications.
The core product offerings focus on providing a high-performance infrastructure for developers, enabling them to create responsive and interactive web applications. These solutions aim to tackle challenges such as slow load times and limited interactivity that often hinder user engagement. The technology is designed for a wide range of end users, including web developers, software engineers, and enterprises seeking to improve their digital presence. The offerings cater to a global market that encompasses North America, Europe, and Asia-Pacific regions, addressing the needs of a diverse client base in various sectors including e-commerce, education, and digital media.
The revenue model of famo. us is structured around a combination of subscription-based services and partnerships with businesses seeking to leverage its technology for web application development. Transactions typically occur through direct engagements with clients who subscribe to their platform for enhanced development capabilities. This model involves tiered pricing plans that offer varying levels of access to their suite of development tools, allowing businesses to select a plan that aligns with their specific needs.
Key offerings include flagship products that represent the pinnacle of their technology solutions, driving revenue through established client relationships. The company’s financial structure is designed to facilitate both B2B partnerships and direct-to-consumer transactions, ensuring broad outreach across different market segments. In August 2014, famo. us raised USD 25.
00 mn through equity and debt financing to support its growth initiatives. Moving forward, the company is focused on launching new products that enhance its web development capabilities, although specific release dates are not yet public. Additionally, famo. us plans to expand into new markets, specifically targeting regions in Europe and Asia-Pacific by 2025 to widen its client base.
The recent funding will be utilized to bolster these growth strategies, particularly in product development and market entry efforts.
Current Investors
InterWest Partners, Greylock Partners, Javelin Venture Partners
Primary Industry
Internet
Sub Industries
Web Development
Website
www.famo.us
Verticals
Mobile Apps
Company Stage
Series B
Total Amount Raised
Subscriber access only

Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.