env0, a Sunnyvale, CA and Tel Aviv, Israel-based provider of Infrastructure as Code (IaC) workflow automation and management software, announced that it secured an additional $18.1 million in its Series A investment round with a total of $35.1 million.
This fresh round, which brings env0's total fundraising to $41.9 million, is led by Venture Guides, a new firm founded by Bain Capital Ventures industry veterans. The funding is Venture Guides’ first major investment from their initial $200 million fund.
StepStone Group and Knollwood Investment Advisory, with all existing investors boldstart ventures, Grove Ventures, Microsoft’s M12, and Crescendo Venture Partners also participated in the round.
env0 will use the new funds to accelerate research and development of new products to scale customer cloud operations safely.
“While IaC tools unlock amazing benefits for businesses and enable rapid iteration and innovation, the biggest rewards can only be realized by scaling it effectively,” said env0 CEO and co-founder Ohad Maislish. “env0 is becoming increasingly important to our customers’ infrastructures. Our solutions help them scale and manage their IaC tools—dramatically cutting their deployment times and enabling self-service for their teams without neglecting compliance.”
The company grew by 450% in FY 2022, signing a number of new customers including MGM Resorts International, PayPal, VMware, and BCG.
Company: EnvZero Inc.
Raised: $35.1M
Round: Series A
Funding Month: March 2023
Lead Investors: Venture Guides
Additional Investors: StepStone Group and Knollwood Investment Advisory, boldstart ventures, Grove Ventures, Microsoft’s M12, and Crescendo Venture Partners
Company Website: https://www.env0.com/
Software Category: Infrastructure as Code (IaC) Workflow Automation and Management Software
About the Company: env0 is a-service cloud management platform for infrastructure as code (IaC) architecture, to deploy and manage IaC, including Terraform, Terragrunt, CloudFormation, Pulumi, Kubernetes, and others. The env0 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 simply, quickly, and safely. Maximum productivity, minimum friction.
Source: https://www.env0.com/blog/env0-raises-35-million-series-a-led-by-venture-guides