News Coverage

August 27, 2019

IT Ops Times ITOps Times news digest: Datadog files for IPO, Platform9 raises $25 million, and Micro Focus Policy Compliance Assessor

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.

August 27, 2019

Axios Venture Capital Deals

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

August 27, 2019

Finsmes Platform9 Raises $25M in Series D Funding

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

Database Trends and Applications logo

August 27, 2019

Database Trends and Applications Platform9 Raises $25 Million in Latest Funding Round

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.

August 27, 2019

Crunchbase Checking In On Startup ARR Growth

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.”

August 27, 2019

Tech Crunch Platform9 raises $25 million Series D for its managed hybrid cloud solution

The company remains committed to OpenStack, too. “For enterprises and service providers that have many VM workloads, OpenStack remains the only open platform for IaaS and our OpenStack business is on pace to grow over 100% this year,” Raghuram tells me.

August 27, 2019

Venture Beat Platform9 raises $25 million for hybrid cloud management tools

Platform9, a Sunnyvale, California-based company developing a software-as-a-service (SaaS) hybrid cloud management solution, today announced that it’s secured $25 million in series D funding

August 27, 2019

Silicon Angle Cloud-native infrastructure management firm Platform9 raises $25M

Platform9 specializes in delivering managed versions of some of the most popular open-source software projects. The company began life as an OpenStack-as-a-service provider before moving into software containers with its Managed Kubernetes service.

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