Platform9 Raises Additional additional $12.5M in Series-D Funding

Platform9

Platform9, a Mountain View, Calif.-based SaaS Managed Kubernetes provider for private and edge clouds, closed its Series-D funding with an additional $12.5m for a total of $37.5m.

This round was led by WRVI Capital, with participation from all existing venture investors including NGP Capital, Mubadala Ventures, Canvas Ventures, Menlo Ventures, and Redpoint Ventures.

The company intends to use the funds to expand operations and business reach.

Led by Sirish Raghuram, co-founder and CEO, Platform9 is a Managed Kubernetes provider for private, edge, and hybrid clouds. The company’s SaaS management model has been proven to eliminate management complexity and costs through automated cluster upgrades, security patches, and fully-managed monitoring and troubleshooting across multiple points of presence, edge sites, and data centers with guaranteed SLAs. Clients include enterprises such as Kingfisher Retail, Redfin, Cloudera, Yext, and Juniper Networks.

FinSMEs

23/02/2021