Dec
12
2018
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Tigera raises $30M Series B for its Kubernetes security and compliance platform

Tigera, a startup that offers security and compliance solutions for Kubernetes container deployments, today announced that it has raised a $30 million Series B round led by Insight Venture Partners. Existing investors Madrona, NEA and Wing also participated in this round.

Like everybody in the Kubernetes ecosystem, Tigera is exhibiting at KubeCon this week, so I caught up with the team to talk about the state of the company and its plans for this new raise.

“We are in a very exciting position,” Tigera president and CEO Ratan Tipirneni told me. “All the four public cloud players [AWS, Microsoft Azure, Google Cloud and IBM Cloud] have adopted us for their public Kubernetes service. The large Kubernetes distros like Red Hat and Docker are using us.” In addition, the team has signed up other enterprises, often in the healthcare and financial industry, and SaaS players (all of which it isn’t allowed to name) that use its service directly.

The company says that it didn’t need to raise right now. “We didn’t need the money right now, but we had a lot of incoming interest,” Tipirneni said. The company will use the funding to expand its engineering, marketing and customer success teams. In total, it plans to quadruple its sales force. In addition, it plans to set up a large office in Vancouver, Canada, mostly because of the availability of talent there.

In the legacy IT world, security and compliance solutions could rely on the knowledge that the underlying infrastructure was relatively stable. Now, though, with the advent of containers and DevOps, workloads are highly dynamic, but that also makes the challenge of securing them and ensuring compliance with regulations like HIPAA or standards like PCI more complex, too. The promise of Tigera’s solution is that it allows enterprises to ensure compliance by using a zero-trust model that authorizes each service on the network, encrypts all the traffic and enforces the policies the admins have set for their company and needs. All of this data is logged in detail and, if necessary, enterprises can pull it for incident management or forensic analysis. 

Dec
14
2017
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Instana raises $20 million for its microservice monitoring and management service

 Instana, a company that helps enterprises monitor and manage their microservice deployments with the help of automation and artificial intelligence, today announced that it has raised a $20 million Series B round led by Accel, with participation from existing investor Target Partners. This brings Instana’s total funding to $26 million to date. Launched in 2015, Instana bills itself as… Read More

Sep
13
2017
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Heptio raises $25M Series B to help bring cloud-native computing to the enterprise

 Heptio, the startup founded by Kubernetes co-founders Craig McLuckie and Joe Beda, today announced that it has raised a $25 million Series B funding round led by Madrona Venture partners. Lightspeed Venture Partners and Accel Partners also joined in this round, which comes less than a year after the company’s $8.5 million Series A round. Read More

Feb
13
2017
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To detect prying eyes in the sky, Dedrone raises $15 million

Dedrone detects unmanned aerial vehicles in airspace around various venues and businesses. For better or worse, drones are about to become a lot more prevalent in US airspace. The FAA expects sales of drones to spike domestically from 2.5 million last year to 7 million by 2020. Now, a startup that detects drones and helps prevent unwanted aerial intrusions, Dedrone, has closed a $15 million Series B round of venture funding.
Investors in San Francisco-based Dedrone included Cisco… Read More

Jan
24
2017
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EquipmentShare, the Airbnb of construction, raises $26 million

EquipmentShare facilitates peer to peer rentals of heavy equipment. It hasn’t even been a year since EquipmentShare raised a Series A round of funding, but the “Airbnb of construction rentals,” has closed a $26 million Series B round. The Columbia, Missouri-based startup helps contractors rent out their under-utilized equipment, or rent safety tested equipment that they need from a fellow contractor. Last year, EquipmentShare also launched… Read More

Nov
18
2016
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Cogito closes $15M Series B to improve customer support with science

People working at conference table in office Cogito, a real-time feedback platform for customer service agents, added $15 million to its coffers today in the form of a Series B. This brings the company’s total fundraising to $22.5 million.
The MIT Media Lab spin off is applying the principles of behavioral science to call centers around the world to improve customer experiences. Cogito compares the characteristics of a current… Read More

Aug
24
2016
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DroneDeploy raises $20 million to help any business put drones to work

An elevation map created using DroneDeploy. A San Francisco-based startup called DroneDeploy has raised $20 million in Series B funding to grow their drone data management platform. The drone tech startup closed its Series B deal just before the U.S. Federal Aviation Administration is scheduled to implement new rules governing commercial and industrial drone use. The Part 107 rules, announced by the FAA in June this year, will take… Read More

Aug
04
2016
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Network analytics startup Kentik pulls in $23M Series B

A giant node of organized network cables In a beacon of hope for onlooking founders, Y Combinator reject and network analytics startup Kentik Technologies locked down a $23 million Series B this morning. Let’s be honest — most of us don’t know anything about network infrastructure. Fortunately for most of us, we can afford not to know. For internet service providers and companies making use of a large number of… Read More

Jun
23
2016
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Narvar raises $22 million to help internet retailers deliver physical goods without frustrating customers

A Sephora customer tracks their order with a Narvar-powered app. Battery Ventures led a $22 million, Series B investment in Narvar Inc., a company helping internet retailers keep their customers happy post-purchase, meaning until their packages are delivered, and if need be, successfully returned for an exchange or refund. Battery was joined by Fung Capital, a logistics-focused fund, and Narvar’s earlier backers Accel Partners and Freestyle… Read More

May
09
2016
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Rancher Labs raises $20M Series B round for its container management platform

rancher_labs Rancher Labs, a container management platform that supports both Kubernetes and Docker Swarm, today announced that it has raised a $20 million Series B round. This new funding round was led by new investor GRC SinoGreen, a Chinese private equity and venture capital fund, with participation from existing investors Mayfield and Nexus Venture Partners. This round brings the company’s… Read More

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