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Cloud Management Software Platform, env0 secured $3.5 million in Seed Funding round

Cloud Management Software Platform, env0 secured $3.5 million in Seed Funding round

env0

env0, a Tel-Aviv based developer of self-service cloud management software platform, has now secured $3.5 million in a seed funding round.

env0 is founded by the Ohad Maislish in the year 2018. It provides a comprehensive automation and management platform for the R&D and DevOps organizations to self-provision resources in any virtual environment or public cloud.

Executive Opinion

Ohad Maislish, CEO and co-founder of env0, said, “Infrastructure-as-code is an incredibly powerful way to create cloud resources, but it focuses on the technical aspect rather than the business layer and the impact on cloud cost. The investor interest that we received is a validation of the work our team is doing to improve the lives of developers by shifting cloud cost responsibility left with governed and self-service cloud infrastructure. We are thrilled to join forces with our new investors Crescendo and M12, and appreciate the continued support of our existing investors and advisors.”

Zvi Schechter, General Partner of Crescendo Venture Partners, said, “We are delighted to invest in passionate and focused entrepreneurs that identified a clear and urgent pain. env0’s offering around ‘the third datacenter revolution’ is part of the industry trend to streamline DevOps workflows and enable teams to move fast without breaking things. The need for self-service has only become clearer in the last few months as everyone has moved into remote teams with unpredictable schedules.”

env0 latest funding

The round which brought the total funding to $6.8 million was backed by the Crescendo Venture Partners. Other participating investors include M12 – Microsoft Venture Fund, Grove Ventures, and Boldstart Ventures.

The company, as of now, has plans to use the new funds to continue expanding product R&D, as well as to accelerate its go-to-market.
PC: Pablo, Pixabay

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Udit Agarwal Opinions expressed by techsutram contributors are their own. More details

Udit Agarwal is a Digital Marketer and a Content Marketing Specialist, He enjoys technical as well as non-technical writing. His passion and urge for gaining new insights on gadgets, smartphones and technology has led him to Techsutram. He quenches his thirst for technology through his action oriented writing skills and a profound ability to stay up to date with latest industry trends.

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