Containous, the leading cloud-native networking company has announced it has closed $10 million in Series A funding.
The round is led by Balderton Capital, with previous investors Elaia and 360 Capital Partners also participating.
In addition to a massive open source community, Containous’ popular networking solutions are trusted and deployed by enterprises such as eBay, Condé Nast, and Nutanix. The company simplifies the journey to microservices networking for organisations of all sizes, who use Containous’ solutions to ease networking of their cloud applications, microservices, and APIs.
The $10 million Series A will be used to quickly build up and expand Containous’ unified and centralized management platform purpose-built for cloud-native applications and microservices.
The platform is driven entirely by developers and created to function as one single tool that solves networking complexity.
“By taking the pain out of network management, we empower application and engineering teams to focus on software development,” said Emile Vauge, CEO and co-founder, Containous.
“With Containous, users are free to build, iterate, and ship their applications rather than wasting valuable cycles on networking and infrastructure. We want development teams to view networking as a commodity, because that’s what it really should be.”
Bernard Liautaud, Managing Partner, Balderton Capital said: “At Balderton, we are very excited about the emergence of organic online communities – and some of the most productive and powerful communities to emerge over the past decade have come from globally decentralised teams collaborating on open source infrastructure software.
“We look forward to playing an active role in the community as Containous continues to evolve its core product, Traefik, alongside its newer releases (Maesh and TraefikEE) to transform networking for businesses, developers, and end users around the world.”
“Enterprise IT is undergoing a major revolution, driven by Cloud and Edge computing and by DevOps practices,” added Marc Rougier, Partner, Elaia.
“At Elaia we invested early in Containous, convinced by Emile Vauge’s vision and impressed by the exceptionally fast adoption of their initial product, Traefik. Two years later, Containous has crushed the 1 billion downloads barrier, delivered to top customers around the world, and extended its product portfolio. We are very proud to now partner with Balderton to tackle the next phase of Containous’ scale up.”