Dexecure raises US$764k to make the web faster
By Digital News Asia April 17, 2018
- The first Singapore startup to be included in the Y Combinator Fellowship Programme
- In the last four months, Dexecure has optimised and served 568 million requests
SINGAPORE-based SaaS company Dexecure on April 17 announced a S$1 million (US$763,977) seed financing round by Cocoon Capital and Walden International.
Dexecure’s algorithm speeds up mobile and desktop websites by up to 40%. Faster websites generate more page views, increase customer engagement and drive more conversions and sales.
Since Dexecure also reduces the bandwidth needed per page, both websites and their visitors save on bandwidth cost. Dexecure integrates with enterprise-grade content delivery networks (CDNs) in the market, making it easy to deploy in any production environment.
Dexecure founder and CEO Inian Parameshwaran said, “With browsers coming up with new features every single month, it is almost impossible for website developers to keep track and change their code to optimise for performance. At Dexecure, we have a team of developers that monitor these changes and accelerate websites so that users anywhere can enjoy a fast browsing experience.”
Dexecure's initial ideas were based on three years of research at the National University of Singapore and in collaboration with Anquan Capital Pte Ltd.
Dexecure also allows website owners to measure the impact of increasing website performance on user engagement and sales. Their dashboard will integrate with tools like Google Analytics to accurately track the performance of the enhanced websites.
Dexecure was the first Singapore startup to be included in the Y Combinator Fellowship Programme. In the last four months, Dexecure has optimised and served 568 million requests, saving 6.8 terabytes of data for its customers. Dexecure is also a part of the AWS Partner Network (APN) and offers their customers an accelerating software layer on top of the CloudFront service.
Will Klippgen, managing partner at Cocoon Capital, a Southeast Asian early-stage VC, will join Dexecure’s board of directors. “Dexecure shows how global innovation is shifting towards Asia. We found that the company enables speed increases for high-traffic websites at a 6x to 10x lower price point compared to existing solutions in the market, and we are very excited to join Inian and his amazing team on their journey,” he added.
Strong start to 2018 for VC market
Singapore startup SensorFlow secures US$571k in seed funding to make hotels go green
Singapore-based Scry raises US$120,000 from Zeroth-AI