Dexecure nabs $1m in seed funding from Cocoon Capital to speed up the Internet
The startup optimises websites across devices to achieve up to 40% faster loading time.
Singapore-based SaaS startup scored S$1m in a seed funding round led by Cocoon Capital and Walden International in its bid to slash the loading time of websites by as much as 40%.
Incubated within the halls of the National University of Singapore, Dexecure’s unique algorithm enables it to optimise websites across devices, browsers and varying bandwidth conditions so that companies can better focus on their marketing content and generate engagement without worrying about sluggish websites.
Dexecure also reduces the bandwidth needed per page so that both websites and visitors are able to save up on costs.
“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 optimize for performance,” said Dexecure CEO Inian Parameshwaran. “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.”
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.
“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,” said Will Klippgen, Managing Partner at Cocoon Capital.