Tetrate, a San Francisco, CA-based enterprise service mesh company, raised $12.5M in funding.
The round was led by Dell Technologies Capital with participation from 8VC, Intel Capital, Rain Capital, Samsung NEXT, Pankaj Patel, Guido Appenzeller, BV Jagadeesh, and Shiva Rajaraman, and others.
The company plans to use the funds to build an enterprise-grade service mesh platform, to expand its open source leadership and deepen its contributions to the open source community.
Founded by key creators and maintainers of the Istio and Envoy open-source projects and led by Varun Talwar, CEO, Tetrate provides an enterprise-grade service mesh platform for DevOps, security, and network administrators to manage the hybrid cloud application infrastructure.
The platform leverages Envoy and Istio, the industry standard open source “service mesh” networking projects for the microservices world,
Envoy is the microservices- friendly network load balancer that is replacing older generation tools (Nginx, HA-Proxy etc) in webscale companies such as Lyft, Pinterest and Square. Istio, created at Google, is the control plane layer over Envoy.