Devtron, a Gurugram, India-based open-source release orchestration and CI/CD platform for Kubernetes, raised $12 million in funding.
The round was led by Insight Partners, with participation from Leo Capital and angel investors.
The funds will be used to expand its team, build a tech platform, and expand to new markets.
Devtron offers a low-code delivery platform optimized for Kubernetes.
(Containers are packages of software that contain the necessary elements to run in any environment.) The platform handles app management, security, and more, providing an interface that abstracts the underlying infrastructure.
Prashant Ghildiyal, a co-founder of Devtron, said that India-based Devtron’s principal focuses post-fundraise will be resources and cost optimizations to “enable DevOps automation and efficiency at scale.”
Company: Devtron, Inc.
Raised: $12.0M
Round: Unknown
Funding Month: October 2022
Lead Investors: Insight Partners
Additional Investors: Leo Capital
Company Website: https://devtron.ai/
Software Category: Release Orchestration and Application Lifecycle Management of Applications on Kubernetes
About the Company: Devtron was established in 2019 by Prashant Ghildiyal, Nishant Kumar, and Rajesh Razdan. Devtron is a low-code platform that allows users to directly integrate products with Kubernetes, enabling faster deployment and automation of their CI/CD (continuous integration/continuous delivery) pipelines. With some of the most technologically advanced companies in their sector as customers, Devtron is redefining the paradigm of how DevOps should be done. Its flagship platform—release orchestration and application lifecycle management of applications on Kubernetes—is open source and has helped companies worldwide reduce their go-to-market time in a secure, stable, and cost-effective manner. Devtron helps companies scale up their DevOps practices by enabling faster development of new products and easier maintenance of existing deployments.
Source:https://techcrunch.com/2022/10/26/devtron-raises-fresh-capital-for-its-cloud-devops-platform/ https://inc42.com/buzz/saas-startup-devtron-raises-12-mn-to-offer-businesses-improve-user-interface/