Rafay Systems Raises $25 Million in Series B

by Kay Aloha Villamor in September 1st, 2021

Rafay Systems, a Sunnyvale, Calif.-based platform for Kubernetes Operations, raised $25 m in Series B funding led by ForgePoint Capital.

Existing investors, Ridge Ventures, Costanoa Ventures, and Moment Ventures also participated in the round. 

The company intends to use the funds to continue hiring engineers and grow its sales, marketing, and customer success teams.

Company: Rafay Systems, Inc.

Raised: $25.0M

Round: Series B

Funding Month: August 2021 

Lead Investors: ForgePoint Capital

Additional Investors: Ridge Ventures, Costanoa Ventures, and Moment Ventures 

Company Website: https://rafay.co/

Software Category: Enterprise Platform

About the Company: Rafay Systems provides a Kubernetes Operation Platform for enterprises to maximize the value of containerized applications. With Rafay, platform teams can operate modern application infrastructure at scale across public clouds, data centers, and the Edge. Deploying apps across multiple environments is streamlined, and enterprise-grade control and governance to application deployment workflows are offered through a single unified platform. Customers include Verizon, SonicWall, and Appzen, among others. Rafay System was founded by Haseeb Budhani.

Source: https://www.finsmes.com/2021/08/rafay-systems-raises-25m-in-series-b-funding.html

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