Infrastructure as a Code startup Pulumi has secured $37.5 Million in Funding
Cloud engineering startup Pulumi has secured $37.5M in Series B financing.
Pulumi platform supports all public, private and hybrid clouds, such as Amazon Web Services, Microsoft Azure, Google Cloud Platform, and Kubernetes. Pulmini also supports 50+ other infrastructure providers, using recognizable languages and tools, such as Python, JavaScript, TypeScript, Go along with .NET/C.
The recent investment comes after several significant Product releases, including the addition of Pulumi 2.0 along with the unveiling of important new capabilities for Kubernetes. The latest financing brings the total funds raised to date to $57.5 Million, notes the announcement.
Executive Opinion
NEA partner, Aaron Jacobson, said, "Pulumi serves a critical need for businesses experiencing rapid transformation in this modern cloud era, accelerating cloud engineering by developers and infrastructure teams and enabling them to work together more closely. We are extremely pleased to have led this round and look forward to partnering closely with Pulumi to further accelerate the growth of the company and the benefits that it brings to cloud engineers worldwide."
Pulumi Founder and CEO Joe Duffy, said, "Three years ago, we set out on a bold mission to empower developers and infrastructure teams to make the most out of the modern cloud. The market transformation and success we’ve seen in that time has blown us away and I’m incredibly proud of the team and product we’ve built. Our community has grown into an amazing, welcoming place that embodies the company culture and, as our growing customer base sees their own successes, Pulumi’s success follows. I’d like to thank Soma and Madrona, and Sheila and Tola, and now Aaron, Scott, Hilarie and the rest of the NEA team, for their belief in our vision and major contributions to our momentum. I can’t wait to see what the Pulumi team, our customers and our community build in the years to come!"
Pulmini's Latest Funding
Pulumi empowers cloud engineering groups with the capability to leverage the cloud in all facets of their software, such as infrastructure provisioning, architecture, coverage, and testing.
The NEA led the latest funding round. Other participating investors include Madrona Venture Group and Tola Capital.
The newly raised funds will be employed to accelerate development and research along with expanding sales and marketing functions. The company will also keep on developing and lead the cloud engineering marketplace with its flagship infrastructure-as-a-Code platform.
Pulumi also announced several new executive appointments, simplifying its leadership bench to support its rapid expansion. Recently, the business achieved a 10X increase in adoption in the last twelve months and surpassed 1 million downloads per month, notes the announcement.
PC: Pixabay
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Mandar Pise
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Mandar is a seasoned software professional for more than a decade. He is Cloud, AI, IoT, Blockchain and Fintech enthusiast. He writes to benefit others from his experiences. His overall goal is to help people learn about the Cloud, AI, IoT, Blockchain and Fintech and the effects they will have economically and socially in the future.
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