HomeUSAenv0 Raises $35M in Series A Funding

env0 Raises $35M in Series A Funding

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env0

env0, a Sunnyvale, CA-based provider of Infrastructure as Code (IaC) workflow automation and management software, raised an additional $18.1M of funding to conclude its Series A investment round with a total of $35.1M.

The round, which brought the total amount to to $41.9M, was led by Venture Guides, with participation from StepStone Group and Knollwood Investment Advisory, as well as existing investors 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 working to deploy and manage IaC, including Terraform, Terragrunt, CloudFormation, Pulumi, Kubernetes, and others. The platform enables users and teams to collaborate and provide self-service cloud deployments, all with advanced policies to meet governance and compliance. With env0, every engineer, from development, operations, and DevOps can deploy infrastructure quickly, and safely.

During the last 12 months, the company 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‚Äôs 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.

env0 grew by 450% in FY 2022, signing a number of new customers including MGM Resorts International, PayPal, and VMware.

FinSMEs

16/08/2023

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