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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 led by NGP Capital.

Platform9 offers the industry’s only SaaS-managed Hybrid Cloud solution that delivers fully automated day-2 operations with 99.9 percent SLA for Kubernetes, bare-metal, and VM-based environments.

This round was led by NGP Capital, with participation from Mubadala Ventures and all existing investors (Redpoint Ventures, Menlo Ventures, Canvas Ventures, and HPE Pathfinder).

Platform9 shares best practices for Kubernetes at scale on Bare Metal, with RDBMS, and with serverless apps at Open Source Summit and other industry events in August.

Platform9 will present three sessions at Open Source Summit North America. The company is also sponsoring VMworld 2019 US, and will present at a live webinar from VMworld about Kubernetes and cloud-native for Enterprise IT.

OVH has teamed up with Platform9, a US-based specialized software vendor who offers the industry’s only fully managed Kubernetes-as-a-Service that works on any infrastructure – guaranteeing 99.9 percent SLA anywhere, while eliminating the operational burden of managing Kubernetes at enterprise-scale.

Platform9’s technology is used by IT management for monitoring and managing hybrid cloud infrastructure including virtual machines, containers, serverless applications and OpenStack software. In February the company debuted its managed Kubernetes service on VMware.

This report from Ovum answers the key questions around what is new and different about Platform9’s approach, and what does this new container management approach require from enterprise customers.