INSUBCONTINENT EXCLUSIVE:
Platform9, the startup best known for its SaaS-based, fully managed hybrid cloud platform, today announced that it has raised a $25 million
Series D round led by NGP Capital
Mubadala Ventures and existing investors Redpoint Ventures, Menlo Ventures, Canvas Ventures and HPE Pathfinder also participated in the
solutions that go beyond the basic infrastructure and help them throughout the life cycle of their applications
With the proliferation of cloud-native technologies, enterprises are now struggling with how to put them into production
With Fission, Platform9 even supports a new serverless framework that is still very much at the cutting edge
All of this comes with a considerable degree of complexity, though, if enterprises want to adopt and deploy these technologies themselves
grew 130% in the last year and its bookings are up 156%
Like most companies in this position, Platform9 plans to use the new capital to expand its sales, product and marketing teams
It also plans to invest in developing its core Kubernetes product, including Managed Prometheus, Managed Istio, kubevirt and others, the
company tells me.The company remains committed to OpenStack, too
could be very attractive to enterprise customers who are already committed to cloud-native with Kubernetes
