Platform9, a Sunnyvale, CA–based SaaS-managed hybrid cloud, raised $25m in Series D funding.
The round, which brought the total amount raised to date to $61.5m, was led by NGP Capital, with participation from Mubadala Ventures and all existing investors Redpoint Ventures, Menlo Ventures, Canvas Ventures, and HPE Pathfinder. In conjunction with the funding, Rohini Chakravarthy, Partner at NGP Capital, joined Platform9’s board of directors.
The company intends to use the new capital to continue expanding its global salesforce, product and marketing teams, as well as continue delivering new capabilities for cloud-native hybrid cloud infrastructure management.
Led by Sirish Raghuram, CEO and Co-founder, Platform9 delivers a SaaS-managed hybrid cloud solution that turns existing infrastructure into a cloud, instantly for Kubernetes, bare-metal, and VM-based environments. These can run on-premises, in public clouds, or at the edge.
Built on open source cloud frameworks – Kubernetes and OpenStack – delivered as a service, Platform9 enables large enterprises to run cloud-native infrastructure at scale.
Customers include Cadence, Aruba, Veritas, Nanometrics, EBSCO, and S&P Global, among others.