What is Platform9?
Platform9 provides a sophisticated enterprise-grade platform designed for the seamless management of virtual machines and containers. By enabling organizations to transform existing hardware into a full-featured private cloud, the company addresses the growing demand for operational efficiency and cost-effective infrastructure management. Its core solutions, including Private Cloud Director and vJailbreak, facilitate automated migration from VMware environments while providing robust support for Kubernetes. This approach allows IT teams to maintain control over their digital assets while leveraging the agility of modern cloud-native architectures, effectively bridging the gap between traditional data centers and contemporary container orchestration.
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 Menlo Ventures and Redpoint
Series C (2017): $22M supported by Hewlett Packard Enterprise, Canvas Ventures, Menlo Ventures, and Redpoint
Series D (2019): $25M featuring Mubadala Ventures, Redpoint Ventures, Menlo Ventures, HPE Pathfinder, Canvas Ventures, and NGP Capital
Debt (2020): $1M backed by PPP
Unspecified (2022): $26M with participation from Cota Capital, NGP Capital, and Celesta
Key Investors in Platform9
Redpoint Ventures
Redpoint Ventures was founded in 1999 and is a venture capital firm focused on investments in early growth-stage companies.
Menlo Ventures
Menlo Ventures is a Menlo Park-based venture capital firm that invests in early and growth-stage technology companies across sectors such as enterprise software, infrastructure, and frontier tech.
NGP Capital
NGP Capital is a venture capital firm that specializes in supporting exceptional founders in transforming their innovative ideas into impactful companies, focusing on early-stage B2B companies.
What's next for Platform9?
With the support of its latest strategic financing, Platform9 is well-positioned to accelerate its product roadmap and expand its footprint within the global enterprise sector. The company's focus remains on refining its hybrid cloud capabilities and deepening its integration with existing storage and hardware ecosystems. As enterprises continue to prioritize cloud-agnostic strategies to avoid vendor lock-in, Platform9's ability to deliver a unified management layer for both VMs and containers will likely remain a key competitive advantage. Future growth will likely center on scaling its go-to-market operations and enhancing its automated migration tools to meet the complex requirements of large-scale, multi-cloud environments.
See full Platform9 company page
