Uploadcare raises $1.7M for its CDN platform

INSUBCONTINENT EXCLUSIVE:
Uploadcare, a startup that aims to make using CDN platforms cheaper and easier for businesses, today announced that it has raised a $1.7
million seed round led by Runa Capital and Vendep Capital, with existing investors Vaizra Capital and LVL1 Group participating, as well
Uploadcare promises to offer an end-to-end solution for businesses that automatically optimizes the files, images and videos of its clients
and then delivers it over its CDN network or that of its partners.Uploadcare founder and CEO Igor Debatur told me the idea for the service
started quite a few years ago, while he was running a web development agency
Gathering files in different formats and sizes and then making those available in a way that was secure and easily scalable often turned out
In the early days, Uploadcare was basically a file uploader for developers
displayed.For a while, the team developed Uploadcare as a side project, but by 2016, the project started getting traction and they decided
to shut down the development agency and focus solely on building out a proper product
figure out sales and marketing on the fly
Debatur also argues that unlike some of its competitors, Uploadcare invests a lot in its own technology, though the company does partner
Dmitry Chikhachev, general partner at Runa Capital
With differentiated technology and a strong leadership team, we believe that Uploadcare is well positioned to accelerate its growth and