env0, a Sunnyvale, CA-based provider of Infrastructure as Code (IaC) workflow automation and management software, raised $35M in Series A funding.
The round, which brought total funding to $41.9M, was led by Venture Guides, with participation from StepStone Group, Knollwood Investment Advisory, boldstart ventures, Grove Ventures, Microsoft’s M12 and Crescendo Venture Partners.
The company intends to use the funds to accelerate research and development of new products to scale customer cloud operations safely.
Led by CEO Ohad Maislish, env0 is dedicated to implementing and managing users’ IaC, including Terraform, Terragrunt, CloudFormation, Pulumi, Kubernetes and others. Its platform enables users and teams to collaborate and deliver self-service cloud deployments, all with policies to meet governance and compliance. With it, every engineer, from development, to operations and DevOps can deploy infrastructure.
The funding builds momentum on a banner year in which env0 grew revenue by more than five times, customer count by two and a half times, and shipped key feature additions, including:
- Support for more IaC tools: CloudFormation, Pulumi, Terragrunt (including the popular run-all capability)
- Automated drift detection
- Support for Azure DevOps , finalizing env0’s support in all major version control system platforms
- Terraform end-to-end functionality: Terraform remote backend, module registry, remote plan, Plan/apply on PR
- Enterprise-focused capabilities including multi-tier workflows, auditing, external logging platform integration, pluggable integration architecture, and expanded RBAC and OIDC authentication.
The company grew by 450% in FY 2022, signing a number of new customers including MGM Resorts International, PayPal, VMware, and BCG.
FinSMEs
29/03/2023