Kubecost: Raises $25M in Series A Funding

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Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

Kubecost Raises $25M in Series A Funding

  • Kubecost, a San Francisco, CA-based provider of an open source solution for monitoring, managing, and optimizing Kubernetes spend at scale, raised $25M in Series A funding
  • The round was led by Coatue Management, with additional participation from existing investors First Round Capital and Afore Capital
  • Angel investors include Snowflake CFO Michael Scarpelli and Looker co-founder Ben Porterfield
  • In addition to the funding, lead investor David Cahn, Partner at Coatue, will join the company’s board of directors
  • The company intends to use the funds to accelerate growth, and expand operations, team and product
  • It currently has more than 2,000 companies using the software across all major cloud providers and on-prem in air-gapped environments
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