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Loft Labs – Inventors of Virtual Kubernetes Clusters – Raises $24 Million Series A [Yahoo! Finance]
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm
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US:NASDAQ Investor Relations: abc.xyz/investor
SAN FRANCISCO, April 16, 2024 BUSINESS WIRE )--Creators of vCluster and DevPod, Loft Labs today announced $24 million Series A funding led by Khosla Ventures with participation from existing investors Fusion Fund, Surface Ventures, Emergent Ventures, and Berkeley SkyDeck Fund, with an additional angel investment from Kit Merker, one of the first product managers for Kubernetes at Google. The new round brings total financing for Loft, the leading provider of platform engineering building blocks, to $28.6 million. Loft has experienced strong momentum and passed multiple milestones in the past twelve months, including: 4.6x ARR growth; vCluster surpassing 40 million image pulls; the introduction of vCluster Pro , the commercial edition of vCluster; and, the development and launch of DevPod , an open source project that allows engineers to codify reusable dev environments for any infrastructure. The company also announced integrations with Rancher, HashiCorp Vault, and Argo CD, and sig
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