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Platform9 Raises Additional Series-D Funding Led by WRVI Capital, Reports 145% YoY Growth In SaaS Managed Kubernetes

Feb 23, 2021•over 4 years ago
Mountain View

Description

Platform9, the leading SaaS Managed Kubernetes provider for private and edge clouds, today announced it has closed its Series-D funding with an additional $12.5 million for a total of $37.5 million. This round was led by WRVI Capital, with participation from all existing venture investors including NGP Capital, Mubadala Ventures, Canvas Ventures, Menlo Ventures, and Redpoint Ventures.

Company Information

Company

Platform9

Location

Mountain View, California, United States

About

Platform9 is the Open Distributed Cloud company, offering the power of the public cloud on infrastructure of customers' choice – powered by Kubernetes and cloud-native technologies. Public clouds are walled gardens, and DIY is difficult and time-consuming. Platform9 offers a third option – an open and faster option – enabling a better way to go cloud-native. Platform9's service powers 40K+ nodes across private, public, and edge clouds. Innovative enterprises like Juniper, Kingfisher Plc, Mavenir, Redfin, and Cloudera achieve 4x faster time-to-market, up to 90% reduction in operational costs, and 99.9% uptime. Platform9 is an inclusive, globally distributed company, backed by leading investors.

FundzWatch™ Score

62
Medium Activity

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