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Platform9, the startup best known for its SaaS-based, fully managed hybrid cloud platform, today announced that it has raised a $25 million Series D round.

While some platforms such as VMware have levels of open source integration, Platform9 is designed for the enterprise that is looking to build its hybrid IT entirely on open source.

California-based Platform9, a provider of SaaS-managed hybrid cloud, announced $25M Series D funding.

Platform9 has announced that it has raised $25 million in Series D funding. This recent funding round brings the company’s total funding up to $61.5 million. It plans to use this funding to continue delivering new capabilities for cloud-native infrastructure management as well as expanding its global sales force, product, and marketing teams.

Platform9, a Sunnyvale, Calif.-based maker of cloud infrastructure software, has raised $25 million in Series D funding led by NGP Capital, with Mubadala Ventures, Redpoint Ventures, Menlo Ventures, Canvas Ventures, and HPE Pathfinder also participating

Platform9, a Sunnyvale, CA–based SaaS-managed hybrid cloud, raised $25m in Series D funding.

Platform9, a provider of a SaaS-managed hybrid cloud, is receiving $25 million in Series D funding, enabling the company to continue expanding its global salesforce, product, and marketing teams, as well as continue delivering new capabilities for cloud-native hybrid cloud infrastructure management.

The company’s performance caught our eye. As part of its funding announcement, Platform9 reported that it recently “[drove] revenue growth of 130 percent in [annual recurring revenue, or ARR] and 156 percent in [total contract value, or TCV] bookings compared to the previous year.”