Rafay Systems, the leading platform for Kubernetes Operations, this week announced a $25 million Series B funding round to continue hiring world-class engineers and grow its sales, marketing and customer success teams.
Rafay's new funding will accelerate its strategic vision for the company's Kubernetes Operations Platform, the industry's first and only offering that unifies lifecycle management requirements for both Kubernetes infrastructure and modern applications. Delivered as a cloud-native service, the platform brings together capabilities for application automation, security, visibility and governance, while streamlining the operations of Kubernetes across all environments.
The long-term vision for Kubernetes Operations is based on Rafay's work with customers in the financial, healthcare, telecom and technology sectors who are rapidly adopting containerized applications.
Today, enterprises are developing and deploying modern applications more than ever. By 2025, over 90% of new apps will be Cloud Native. But the operational cost, complexity and resources required to manage the lifecycle of Kubernetes infrastructure and these new modern applications running on it are growing out of control.
Leo Casusol, Venture Partner at ForgePoint Capital who will be joining the board
Kubernetes has become the de facto choice for containerization and application modernization, but organizations' Kubernetes journeys have been bottlenecked because of the complexity involved in enterprise-grade deployments making a comprehensive management platform a necessity.
