HomeInsightFUNDING ALERT - Newly Funded Startups 2024 SaaS startup Devtron raises $12 mn from Insight Partners

[Funding alert] SaaS startup Devtron raises $12 mn from Insight Partners

Insight Partners led the $12 million (about Rs 96 crore) funding round for Devtron Inc, an open-source internal DevOps platform that makes Kubernetes adoption more accessible. Leo Capital and undisclosed angel investors also participated.

Insight Partners led the $12 million (about Rs 96 crore) funding round for Devtron Inc, an open-source internal DevOps platform that makes Kubernetes adoption more accessible. Leo Capital and undisclosed angel investors also participated.

The business will make use of the additional funding to grow its staff, promote platform usage, and enter new markets, as per reported by VCCircle.

Devtron offers a low-code software delivery platform for Kubernetes built on well-known open-source tools like Argo and Clair. It was founded in 2019 by Prashant Ghildiyal, Nishant Kumar, and Rajesh Razdan.

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“Since becoming open source, we have seen thousands of nimble startups across the globe installing Devtron every month along with many fast-growing startups as our commercial customers. It’s an exciting time of growth and development of our market-defining product,” Ghildiyal and Razdan said in a joint statement.

Among other CI/CD workflow functions, the platform includes cluster provisioning, application management, and security.

According to Devtron, it collaborates with Indian businesses like Delhivery, BharatPe, and Blinkit.

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It claims that businesses have been able to cut the time it takes to reach Kubernetes maturity from a year to months with the Devtron. Companies with more than 50 microservices have occasionally onboarded Kubernetes in under 15 days.

About Devtron

Industry professionals with more than 30 years of combined expertise founded Devtron in 2019. With some of the most technologically cutting-edge businesses in their industry as clients, Devtron is changing the way that DevOps should be practised. Release Orchestration and Application Lifecycle Management of Applications on Kubernetes, its flagship platform, is open source and has assisted businesses all over the world in reducing their go-to-market times in a safe, reliable, and affordable way.

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