Tech Company Financing Transactions
Tetrate Funding Round
Tetrate closed a $40 million Series B financing round on 3/11/2021. Investors included Sapphire Ventures, 8VC and Dell Technologies Capital.
Transaction Overview
Company Name
Announced On
3/11/2021
Transaction Type
Venture Equity
Amount
$40,000,000
Round
Series B
Investors
Sapphire Ventures (Lead Investor) (Jai Das)
Dell Technologies Capital (Deepak JeevanKumar)
Proceeds Purpose
The company intends to use the funds to develop advanced capabilities within Tetrate Service Bridge, support a new SaaS offering, the Istio-based platform that makes the application service mesh easier to consume, expand go-to-market activities in the Americas and initiate go-to-market teams in Europe and Asia.
Company Information
Company Status
Private & Independent
Industry
Networking
Mailing Address
2 Embarcadero Center
San Francisco, CA 94111
USA
San Francisco, CA 94111
USA
Phone
Undisclosed
Website
Email Address
Overview
Tetrate is a leading enterprise-grade service mesh company founded by key creators and maintainers of the Istio and Envoy open-source projects. The company's service mesh platform makes it easy for DevOps, security, and network administrators to manage the complexity of modern hybrid cloud application infrastructure.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Varun Talwar
Chief Technical Officer
Jeyappragash Jeyakeerthi
Browse more venture capital transactions:
Prev: 3/11/2021: Tausight venture capital transaction
Next: 3/11/2021: Lumu venture capital transaction
Share this article
Where The Data Comes From
We do our best to report on every notable VC transaction. All VC database entries reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs