California, USA-based provider of Infrastructure as Code (IaC) workflow automation and management software, env0, raised an additional USD 18.1 million of funding. The recent funding concludes the company’s Series A investment. The round took place on March 29, 2023. A new firm formed by industry veterans from Bain Capital Ventures, Venture Guides, led the financing for the company.
Meanwhile, new investors StepStone Group and Knollwood Investment Advisory joined in the round. Besides, existing investors Boldstart ventures, Grove Ventures, Microsoft’s M12 and Crescendo Venture Partners also participated.
Purpose of financing for env0
With the latest financing, the company seeks to fuel research and development of new products to scale customer cloud operations safely.
The proceeds from the Series A round amount to USD 35.1 million. Whereas the total financing raised by the firm so far stands at USD 41.9 million.
What the company’s official has to say
env0 CEO and co-founder Ohad Maislish said, “While IaC tools unlock amazing benefits for businesses and enable rapid iteration and innovation, the biggest rewards can only be realized by scaling it effectively. Env0 is becoming increasingly important to our customers’ infrastructures. Our solutions help them scale and manage their IaC tools. It dramatically cuts their deployment times and enables self-service for their teams without neglecting compliance.”
What the investors have to add
Ben Nye, Managing Partner at Venture Guides, said, “Customers actually enjoy managing their public cloud environments safely at scale with env0. At the same time, developers enjoy a much faster time-to-value with self-service environments. It allows them to deliver more innovative features and products faster. In addition, DevOps teams gain improved security, reduce cloud costs, and enable governance with policy safeguards while avoiding IaC tool vendor lock-in. env0 is the right solution for customers wanting to manage and grow their cloud operations.”
In addition, Avior Malkukian, Director of DevOps at BigID, said, “We selected env0 because of its unique ability to centralize our Terraform management to improve visibility into our IaC deployment pipelines. With env0, we now deploy with complete confidence, and we know how to catch issues before they make it to production. Our platform is more reliable, which has translated to happier BigID customers.”
About env0
Ohad Maislish and Omry Hay launched the company in 2018. env0 helps in the deployment and management of IaC, including Terraform, Terragrunt, CloudFormation, Pulumi, Kubernetes, and others.
For more extensive analysis and Market Intelligence reports, feel free to approach us.
We try our best to fact-check and bring well-researched as well as non-plagiarized content to you. Please let us know
if there are any discrepancies in any of our published stories,
-how we can improve,
-what stories you would like us to cover
–what information you are looking for in the comments section below or through our contact form! We look forward to your feedback, and thank you for stopping by!
Next Article
, env0, raised an additional USD 18.1 million of funding.){kind=link}