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Rancher Labs Raises $40 Million Series D Round to Accelerate Growth of Its Kubernetes Management Platform

Mar 16, 2020•over 5 years ago

Amount Raised

$40 Million

Round Type

series d

Cupertino

Description

Rancher Labs, the creator of the most widely used Kubernetes management platform, closed a $40 million Series D funding round. The round was led by Telstra Ventures. One of its investors, Telstra Corporation, is a Rancher Labs customer and is Australia’s largest telecommunications company. The funding round also included participation from existing investors Mayfield, Nexus Venture Partners, GRC SinoGreen, and F&G Ventures, bringing total funding to date to $95 million.

Company Information

Company

Rancher Labs

Location

Cupertino, California, United States

About

Rancher Labs delivers open source software that enables organizations to deploy and manage Kubernetes at scale, on any infrastructure across the data center, cloud, branch offices, and the network edge. With 30,000 active users and greater than 100 million downloads, their flagship product, Rancher, is the industry’s most widely adopted Kubernetes management platform. For additional information, visit www.rancher.com and follow @Rancher_Labs on Twitter. All product and company names herein may be trademarks of their registered owners.

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