raised $38 million Series C led by Rakuten Capital to capitalize on rapid adoption of cloud-native technology

Congratulations to, the leader cloud-native 5G, edge and enteprise application management which raised a $38 million Series C round led by Rakuten Capital and joined by Clear Ventures Emory University, Raine Next-Gen Communications and existing investors such as DN Capital.

The significant growth in bookings has surpassed 400% QoQ growth between Q1 and Q2 2021. Even more impressive is its 681% growth compared to Q1 2020. Despite the most challenging conditions brought by the COVID-19 pandemic, also successfully grew its team across four countries.

The Series C funding caps several impressive achievements since last year as has taken off on several market expansion initiatives such as the winning of the Futurenet World award for best Automation Solution in Telco and recognition as leader and outperformer in GigaOm Radar reports for Kubernetes storage and Kubernetes data protection.