Wednesday, March 29, 2023
  • Events
  • Interviews
  • Jobs
  • Opinion
  • Whitepapers
  • Podcasts
  • Web Hosting Directory
  • Login
  • Register
Cloud7 News
  • Cloud Computing
  • Web Hosting
  • Data Center
  • Linux
  • Cybersecurity
  • More
    • Software
    • Network/Internet
    • Hardware
    • Artificial Intelligence
    • Windows
    • Policy/Legislation
    • Blockchain
    • Troubleshooting
    • How-Tos
    • Articles
No Result
View All Result
Cloud7 News
  • Cloud Computing
  • Web Hosting
  • Data Center
  • Linux
  • Cybersecurity
  • More
    • Software
    • Network/Internet
    • Hardware
    • Artificial Intelligence
    • Windows
    • Policy/Legislation
    • Blockchain
    • Troubleshooting
    • How-Tos
    • Articles
No Result
View All Result
Cloud7 News
No Result
View All Result

Home > Cloud Computing > Platform9 raises $12.5M in additional Series D Funding

Platform9 raises $12.5M in additional Series D Funding

Platform9 announced it has closed its Series D funding with an additional $12.5 million for a total of $37.5 million.


Erdem Yasar Erdem Yasar
March 2, 2021
2 min read
Playform9 raises $12.5M in additional Series D Funding

SaaS Managed Kubernetes provider for private and edge clouds, Platform9 announced that the company has closed $12.5 million in its additional Series D funding, which brings the total to $37.5 million. The funding 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.

$37.5 million in total

Sirish Raghuram, Co-Founder and CEO of Platform9
Sirish Raghuram, Co-Founder and CEO of Platform9

The company stated that the additional Series D Funding round has accelerated business momentum in the fiscal year 2020. The company also reported a Net Promoter Score of 71 and a customer satisfaction score of 99% for 2020.

Platform9’s Managed Kubernetes deployments have become a critical part of many large-scale and complex 5G infrastructure roll-outs, hybrid cloud containers-as-a-service, and Edge. Sirish Raghuram, Co-Founder and CEO of Platform9, said,

“Kubernetes has become the de-facto standard for building out hybrid and edge applications. However, the journey to cloud native is fraught with complexity: developers need to understand micro-services, platform engineers need to operationalize Kubernetes, and ongoing upkeep of cloud native applications is extremely difficult. We are excited to leverage the new capital to greatly simplify this challenge with our industry leading SaaS Managed Kubernetes product for edge, private, and hybrid cloud deployments.”

See more Cloud Computing News

A comprehensive guide to understanding Cloud Technology: What is Cloud Computing?


Tags: Platform9
Erdem Yasar

Erdem Yasar

Erdem Yasar is a news editor at Cloud7. Erdem started his career by writing video game reviews in 2007 for PC World magazine while he was studying computer engineering. In the following years, he focused on software development with various programming languages. After his graduation, he continued to work as an editor for several major tech-related websites and magazines. During the 2010s, Erdem Yasar shifted his focus to cloud computing, hosting, and data centers as they were becoming more popular topics in the tech industry. Erdem Yasar also worked with various industry-leading tech companies as a content creator by writing blog posts and other articles. Prior to his role at Cloud7, Erdem was the managing editor of T3 Magazine.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

Next Post
DigitalOcean files for IPO

DigitalOcean files for IPO

Related News

Quantum Brilliance, has released a new version of Qristal software

Quantum Brilliance releases first software supporting Nvidia CUDA Quantum

March 27, 2023 7:00 pm
OVHcloud US adds high performance and standard object storage

OVHcloud US adds new object storage options

March 27, 2023 2:00 pm
Gcore launches Zero-Trust 5G eSIM Cloud platform

Gcore launches Zero-Trust 5G eSIM Cloud platform

March 23, 2023 6:10 pm
What is cloud gaming?

What is cloud gaming?

March 16, 2023 8:50 pm
Get free daily newsletters from Cloud7 News Get the Cloud7 Newsletter
Select list(s):

Check your inbox or spam folder to confirm your subscription.

By subscribing, you agree to our
Copyright Policy and Privacy Policy

Get the free newsletter

Subscribe to receive the latest IT business updates straight to your inbox.

Select list(s):

Check your inbox or spam folder to confirm your subscription.

Recent News

  • What is Nvidia Canvas? Everything you need to know
  • How to install and run Android apps on Windows
  • A new storage and optic communication tech is on the way
  • Interview: Pete Morgan, co-founder and CSO of Phylum
  • Trisquel GNU/Linux 11.0 released, download now

Cloud7 News
Cloud7 is a news source that publishes the latest news, reviews, comparisons, opinions, and exclusive interviews to help tech users of high-experience levels in the IT industry.

EXPLORE

  • Web Hosting
  • Cloud Computing
  • Data Center
  • Cybersecurity
  • Linux
  • Network/Internet
  • Software
  • Hardware
  • Artificial Intelligence
  • How-Tos
  • Troubleshooting

RESOURCES

  • Events
  • Interviews
  • Jobs
  • Opinion
  • Whitepapers
  • Podcasts
  • Web Hosting Directory

Get the Cloud7 Newsletter

Get FREE daily newsletters from Cloud7 delivering the latest news and reviews.

  • About Us
  • Privacy & Policy
  • Copyright Policy
  • Contact

© 2023, Cloud7 News. All rights reserved.

No Result
View All Result
  • Cloud Computing
  • Web Hosting
  • Data Center
  • Linux
  • Cybersecurity
  • More
    • Software
    • Network/Internet
    • Hardware
    • Artificial Intelligence
    • Windows
    • Policy/Legislation
    • Blockchain
    • Troubleshooting
    • How-Tos
    • Articles
  • Events
  • Interviews
  • Jobs
  • Opinion
  • Whitepapers
  • Podcasts
  • Web Hosting Directory

© 2023, Cloud7 News. All rights reserved.

Welcome Back!

Sign In with Facebook
Sign In with Google
Sign In with Linked In
OR

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Sign Up with Facebook
Sign Up with Google
Sign Up with Linked In
OR

Fill the forms below to register

*By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.