Rafay Systems Raises $25M Series B Funding

funding, growth

Rafay Systems, a Kubernetes operations management platform, has announced a $25 million Series B funding round led by ForgePoint Capital, with participation from existing investors Ridge Ventures, Costanoa Ventures and Moment Ventures. Rafay plans to use this infusion of funds to continue hiring 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. 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.

The company added that with Rafay, developers, DevOps, operations and security teams can work together to deploy modern applications as much as 4x faster while reducing downtime by 60% and eliminating security and compliance risks. By leveraging the Kubernetes Operations Platform developers, SREs and DevOps teams can triage infrastructure and application issues faster than ever before, significantly reducing mean-time-to-resolution (MTTR).

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