Komodor Raises $42Million Series B to Build a Continuous Reliability Platform for Kubernetes
“There’s a real challenge with day-two operations when it comes to Kubernetes,” said the company’s CEO
Komodor,an Israeli continuous reliability platform dedicated to Kubernetes, announced a $42Million Series B funding round led by Tiger Global with follow-up participation from Felicis Ventures, bringing the company’s total funding to $67Million. The company launched out of stealth less than a year ago to streamline Kubernetes operations.
“There’s a real challenge with day 2 operations when it comes to Kubernetes,” said Itiel Shwartz, CTO and Co-Founder of Komodor. “Troubleshooting Kubernetes and resolving incidents at scale can be overwhelmingly complex. Komodor’s platform bakes in all of the necessary intelligence and expertise required to make any engineer a seasoned Kubernetes operator.”
Komodor’s automated approach to incident resolution accelerates response times, reduces MTTR, and empowers dev teams to resolve issues efficiently and independently. The platform ingests millions of Kubernetes events each day and then bakes the key learnings directly into the platform.
According to the company, it is scaling incredibly fast, enjoying a revenue growth of over 700% in the past nine months alone, and tripling the size of the team to nearly 50 during the same time frame. Komodor plans to reach 100 employees by the end of the year.
According to the most recent State of Cloud Native Development Report, 5.6 million developers using Kubernetes today. This represents a 67% increase from just a year ago. However, despite its growing popularity, complexity remains a top challenge in using and deploying containers.