What is Platform9?
Platform9 provides a sophisticated enterprise-grade VM and container management platform that enables organizations to transform existing infrastructure into a full-featured private cloud. By offering solutions such as Private Cloud Director and vJailbreak, the company facilitates automated migration from VMware environments while providing robust support for Kubernetes. This approach allows IT teams to maintain operational efficiency and achieve significant cost savings by avoiding the complexities and fees associated with public cloud providers. The platform is engineered to integrate seamlessly with existing hardware and storage, positioning Platform9 as a critical partner for enterprises undergoing digital transformation.
How much funding has Platform9 raised?
Platform9 has raised a total of $88.5M across 6 funding rounds:
Series A
$4.5M
Series B
$10M
Series C
$22M
Series D
$25M
Debt
$1M
Unspecified
$26M
Series A (2014): $4.5M with participation from Redpoint Ventures
Series B (2015): $10M led by Redpoint and Menlo Ventures
Series C (2017): $22M supported by Menlo Ventures, Hewlett Packard Enterprise, Canvas Ventures, and Redpoint
Series D (2019): $25M featuring HPE Pathfinder, Canvas Ventures, Mubadala Ventures, Menlo Ventures, NGP Capital, and Redpoint Ventures
Debt (2020): $1M backed by PPP
Unspecified (2022): $26M with participation from Cota Capital, Celesta, and NGP Capital
Key Investors in Platform9
Cota Capital
Cota Capital is an investment firm that focuses on early-stage technology companies addressing innovative challenges in the enterprise sector, combining financial investment with deep operational expertise.
Celesta
Celesta Capital is a global venture capital firm focused on deep technology investments across areas such as semiconductors, intelligent systems, and infrastructure software.
NGP Capital
NGP Capital is a venture capital firm that specializes in supporting exceptional founders in transforming their innovative ideas into impactful B2B companies driving the convergence of physical and digital worlds.
What's next for Platform9?
With the support of its latest strategic investment, Platform9 is well-positioned to deepen its penetration into the global enterprise market. The company is expected to focus on expanding its Kubernetes-native capabilities and enhancing its automated migration tools to meet the increasing demand for hybrid cloud flexibility. By leveraging its existing partnerships and technical expertise, Platform9 aims to solidify its role as a primary orchestrator for complex, multi-cloud environments, ensuring that large-scale organizations can maintain agility without sacrificing the security or control of their on-premises infrastructure.
See full Platform9 company page
