Rafay Systems: Raises $25M in Series B Funding

Rafay Systems: Raises $25M in Series B Funding

• Rafay Systems, a Sunnyvale, Calif.-based platform for Kubernetes Operations, raised $25m in Series B funding
• The round was led by ForgePoint Capital, with participation from existing investors Ridge Ventures, Costanoa Ventures and Moment Ventures
• In conjunction with the funding, Leo Casusol, Venture Partner at ForgePoint Capital will be joining the RafaySystems board
• The company intends to use the funds to continue hiring engineers and grow its sales, marketing and customer success teams
• RafaySystems provides a Kubernetes Operation Platform for enterprises to maximize the value of containerized applications
• With Rafay, platform teams can operate modern application infrastructure at scale across public clouds, data centers, and the Edge