Company Networks Inc., behind the eponymous web hosting service for IT projects and their joint development, has raised $100 million in round of Series D funding, led by venture capital firm ICONIQ Capital. The capitalisation of Networks exceeded $1 billion.
Networks Joins the Unicorn Club With $100m Raise 🎉 Read @sytses‘ latest interview: https://t.co/FEzqVSA0Yh
— Networks (@networks) 21 Sep 2018
So, for the last three years, the owner was able to raise $145 million
We will remind, earlier Networks made premium plans for projects with open source available for free. Thus, the company hoped to attract users, leaving GitHub after purchasing the latest technological giant Microsoft.