Platform9 Closes $26M Funding

Platform9, a Mountain View, CA-based Open Distributed Cloud company, closed a $26m financing round.

The round was led by Celesta Capital, with participation from Cota Capital, NGP Capital, and other investors.

The company intends to use the funds to continue to expand operations and its market presence.

Led by Bhaskar Gorti, CEO, Platform9 is an Open Distributed Cloud company, offering the power of the public cloud on infrastructure of customers’ choice – powered by Kubernetes and cloud-native technologies. Its service powers 40K+ nodes across private, public, and edge clouds. Innovative enterprises like Juniper, Kingfisher Plc, Mavenir, Redfin, and Cloudera use it to achieve faster time-to-market, reduction in operational costs, and 99.9% uptime.

In addition to the financing, the company announced two appointments to the executive team to help scale the company rapidly. Former Oracle and Nokia sales executive, Emilia A’Bell joins as Chief Revenue Officer and former Intel Corporate Vice President, Ravi Jacob, joins as the company’s Chief Financial Officer.

FinSMEs

14/06/2022