Tetrate 40m Sapphire Venturesshiebertechcrunch
Tetrate, a San Francisco-based company that provides lrtrading secure application connectivity and management for cloud-native applications, recently raised $40 million in a Series B funding round led by Sapphire Ventures. Other investors in the round included Scale Venture Partners, NTTVC, Dell Technologies Capital, and Intel Capital.
The company’s flagship product, Tetrate Service Bridge, is designed to help enterprises manage their increasingly complex application architectures. It provides a unified platform for managing service mesh, API gateway, and edge capabilities across multi-cloud, hybrid, and on-premises environments. This allows organizations to achieve greater visibility, control, and security for their applications.
The Series B funding will be used to further ifsptv enhance the Tetrate Service Bridge platform and expand the company’s global footprint. Tetrate also plans to accelerate its go-to-market strategy and increase its investment in sales, marketing, and customer success.
Tetrate was founded in 2018 by Varun Talwar and Jeyappragash Jeyakeerthi, who were previously executives at Google and IBM, respectively. The company has since grown rapidly and now has customers in various industries, including financial services, healthcare, and telecommunications.
Tetrate’s success can be attributed to the giveme5 growing demand for secure and reliable application connectivity in today’s digital landscape. As more organizations adopt cloud-native architectures and move their applications to the cloud, the need for a comprehensive and scalable solution for managing and securing these applications has become increasingly important.
The company’s solution has already been proven to be effective for several of its customers. For example, a leading telecommunications company was able to reduce the time it took to deploy new services from months to weeks by using Tetrate’s platform. Similarly, a large financial services organization was able to achieve significant 123chill cost savings by optimizing its application infrastructure using Tetrate’s solution.
Tetrate’s Series B funding round is a testament to the company’s success and the growing demand for its solution. The participation of leading investors such as Sapphire Ventures and Dell Technologies Capital also demonstrates the potential for Tetrate to continue its growth trajectory.
Looking ahead, Tetrate is well-positioned to manytoons capitalize on the growing need for secure and reliable application connectivity in the cloud-native era. With its innovative platform and experienced leadership team, the company is poised for continued success and growth in the coming years.