Published: February 7, 2022

Convesio Raises $5M To Further Develop Its Scalable WordPress Platform

The investment will enable Convesio to accelerate development of its unique container-based solution and continue to disrupt a market that is slow to innovate, providing more features and value to online learning businesses running WordPress LMSs.

Convesio

Elizabeth Bochner

[email protected]

(844) 966-2995

https://convesio.com

Convesio Secures Funds To Develop Its WordPress Platform

The round of funding was secured from a select group of private investors, some of whom had originally contributed to Convesio’s crowdfunding round in 2019, which raised over $1M from 800+ individual investors.

The decision to invest further stemmed from Convesio’s achievements over the past two years that have validated the platform’s capabilities, as well as the opportunities presented by a growing market where most of the competition still offer complex and costly solutions based on legacy technology.

TLC Creative Services specializes in helping large enterprises with in-person and virtual events. Our virtual events business expanded rapidly, offering a customizable online meeting platform solution for corporate clients. On the hosting technology side, we tried many solutions before finding Convesio, including hosting our own servers on Amazon Web Services. These solutions promised scaling and performance, but we could not get any to deliver without significantly more overhead, complexity and costs. Convesio’s technology has completely streamlined our process for hosting flawless virtual events with thousands of attendees and their team of experts are on standby for real-time support during our live events, making everything run smoothly.

Troy Chollar, President

Funding will allow Convesio to accelerate development, grow headcount, and boost sales and marketing activities.

Scaling WordPress Has Never Been Simpler

The release of the third version of the platform last year represented the culmination of over three years of R&D and delivered Convesio’s original promise: to make enterprise-grade WordPress hosting available to everyone.

Convesio is the only WordPress hosting provider to have productized scaling. Anyone can deploy a highly-scalable WordPress website in minutes, and not hours or days, which is the typical timeframe of a traditional VPS setup.

Thanks to its Docker-based architecture and easy-to-use dashboard, customers can configure auto-scaling by setting the minimum and maximum number of containers for their website to run on. Convesio will deploy and remove additional ones automatically depending on the required resources, with a load balancer sharing traffic evenly across each.

Optionally, more advanced users can set custom threshold values that trigger scaling events. These are based on different combinations of CPU, Memory, and PHP Worker usage.

Performance At Scale

As the industry is becoming increasingly focused on page load speed, hosting providers claim to be faster than everyone else. However, published tests and reviews typically don’t factor in a key variable: load. Results look very different where there are hundreds or thousands of visitors navigating and transacting on a website concurrently.

Convesio was architected to deliver a consistently fast experience irrespective of the load, and solves business-critical challenges of scaling WordPress:

  • eCommerce — handling expected or unexpected surges in traffic, whether it’s a Black Friday type of event, a flash sale, or a campaign gone viral. Convesio keeps WooCommerce running fast at all times.
  • eLearning — where an LMS needs additional grunt as large numbers of users sign up, log in, and request content, but only on certain days and times of the day. Only paying for extra capacity when it’s needed.
  • Virtual events — Convesio automatically scales resources as attendees join and leave live events, whether there are hundreds or thousands of participants at any one given time.
  • Online publications — Convesio helps the UX of high-traffic publications and media sites stay consistently fast for both website visitors and the editorial staff drafting, editing, and publishing content in WordPress admin.
  • Scale-ups and larger businesses — requiring a solid foundation to future-proof their hosting requirements.

Scaling Down Costs

Convesio replaces the need for complex and costly solutions by offering enterprise-grade availability and scalability “at the click of a button.”

Its true elastic scaling capability is significantly cheaper than its direct competitors—enterprise WordPress hosts, or Big Cloud providers such as AWS and Google Cloud—that offer solutions costing tens of thousands of dollars in setup, administration, and annual maintenance.

Furthermore, customers only pay for extra resources when they are needed, resulting in significant cost savings.

A New Benchmark For The Industry

Convesio’s container-based WordPress hosting platform represents the type of innovation that helps the WordPress economy thrive in an increasingly competitive market.

By solving WordPress scalability challenges, Convesio empowers growing businesses with the same fire-power as competitors many times their size, an outcome that is closely aligned with WordPress’s own mission to democratize publishing. The $5M investment will allow Convesio to accelerate development and grow faster, providing more resources and tools to its customers to do the same.

To learn more about Convesio, visit the website.