That Transform Technology Summits launch on October 13 with Low-Code / No Code: Enabling Enterprise Agility. Register now!
Spacelift, a platform used by developer operations (DevOps) teams to manage cloud infrastructure, has raised $ 15 million in a Series B funding round.
Although cloud infrastructure costs may go through the roof, the growing complexity of managing such infrastructure as servers migrating from local to the cloud is creating demand for tools that help developers manage infrastructure as code — this is especially important in an increasingly distributed workforce. Spacelift’s plug-and-play platform integrates with countless infrastructure tools and technologies, such as Terraform and Pulumi, and operates across cloud providers, including AWS, Google Cloud Platform and Azure.
Spacelift was founded in 2020 and uses a so-called infrastructure-as-code (IaC) model for the administration and delivery of data centers and network infrastructure through code rather than manual processes. Other notable players in the space include HashiCorps Terraform and Env0, which secured $ 17 million in funding just a few months back.
“Infrastructure complexity is increasing, there is a shortage of human operators,” Spacelift co-founder and COO Pawel Hytry told VentureBeat. “Implementing infrastructure-as-code helps alleviate this pain, implementing tools like Spacelift further alleviates the challenges of managing the increasingly complex infrastructure setup.”
The company, headquartered in Redwood City, California with an additional hub in Poland, had previously raised about $ 7.6 million. Its Series B round was led by Insight Partners with the participation of Blossom Capital, Inovo Venture Partners and Hoxton Ventures, and it plans to use the fresh cash injection to expand its commercial business in the US and quadruple its engineering team in Europe.
VentureBeat’s mission is to be a digital urban space for technical decision makers to gain knowledge about transformative technology and transactions. Our site provides important information about data technologies and strategies to guide you as you lead your organizations. We invite you to join our community to access:
- updated information on topics that interest you
- our newsletters
- gated thought-leader content and discount access to our valued events, such as Transform 2021: Learn more
- networking features and more