Rafay Systems Raises $25M in Series B Funding

Rafay Systems

Rafay Systems, a Sunnyvale, Calif.-based platform for Kubernetes Operations, raised $25m in Series B funding.

The round was led by ForgePoint Capital, with participation from existing investors Ridge Ventures, Costanoa Ventures and Moment Ventures. In conjunction with the funding, Leo Casusol, Venture Partner at ForgePoint Capital will be joining the Rafay Systems board.

The company intends to use the funds to continue hiring engineers and grow its sales, marketing and customer success teams.

Led by Haseeb Budhani, CEO, Rafay Systems provides a Kubernetes Operation Platform for enterprises to maximize the value of containerized applications. With Rafay, platform teams can operate modern application infrastructure at scale across public clouds, data centers, and the Edge. Deploying apps across multiple environments is streamlined, and enterprise-grade control and governance to application deployment workflows are offered through a single, unified platform. Customers include Verizon, SonicWall and Appzen, among others.

FinSMEs

31/08/2021