CoreOS Raises $28M in Series B Funding

CoreOS, Inc., a San Francisco, CA-based leader in deploying, managing and securing software containers, received $28m in Series B funding.

The round was led by GV (formerly Google Ventures), with participation from Intel Capital as well as existing investors Accel, Fuel Capital, Kleiner Perkins Caufield & Byers (KPCB), Y Combinator Continuity Fund and others.

The company, which has raised $48m to date, intends to use the funds to continue to develop its solutions and to grow its team in the United States and Europe, hiring in San Francisco, New York and Berlin.

Led by Alex Polvi, CEO, CoreOS is the creator of Tectonic, a Kubernetes solution combining Google’s Kubernetes and its proprietary stack to deploy, manage and secure containers anywhere, Quay, which allows companies to securely store Linux containers in private hosted repositories or behind customer’s firewalls, and open source projects CoreOS Linux, etcd, fleet, flannel and rkt.

FinSMEs

09/05/2016

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