The WordPress administration platform has an annual income of 100 million dollars and has more than 75,000 clients.
In a world in which millions of companies build and manage their web pages in WordPress , a relevant CMS management platform is a good business. And WP Engine is one of the most important in the world.
According to TechCrunch , WP Engine has raised $ 250 million in funds, in an operation led by Silver Lake. The company intends to use that money to boost its international growth and continue to develop its Digital Experience Platform, the product that underpins its main line of business.
To date, the company founded in 2010 has raised around 290 million dollars, including this last round. The arrival of Silver Lake is a significant addition to the list of investors in WP Engine, which includes Automattic, the company behind WordPress; GuidePost Growth Equity; Eric Ries, creator of the Lean Startup method, and Silverton.
WP Engine has not disclosed its valuation , but in its last round of 2015 it was valued at around 195 million dollars. But since then it has followed an upward trajectory: the company claims that its current income is more than 100 million dollars per year and has more than 75,000 customers , 30% more than last year.
The Texas company maintains that its platform generates around 5% of all Internet visits . WordPress-built sites account for 29% of the entire Internet today, and WP Engine is the most used WordPress server among the 1 million sites with the most traffic on the Internet, according to W3Techs data.
Being a platform that works with companies, WP Engine is not limited to hosting websites. It is also integrated with services such as AWS and Google Cloud Platform, providing not only infrastructure , but also analysis, security and support , in a platform that can be used by any employee of a company’s digital operations, from developers to vendors.