Tech Company Financing Transactions Funding Round

On 10/8/2021, landed $135 million in Series C funding from Altimeter Capital, Redpoint Ventures and True Ventures.

Transaction Overview

Company Name
Announced On
Transaction Type
Venture Equity
Series C

Altimeter Capital (Lead Investor)

Redpoint Ventures (Satish Dharmaraj)

True Ventures

Proceeds Purpose
The company will use the funding to recruit for sales, marketing, customer success, and engineering roles, expand its worldwide go-to-market efforts, invest in product development and professional services, and grow its services and support offerings.

Company Information

Company Status
Private & Independent
Enterprise IT
Mailing Address
222 3rd St. 3300
Cambridge, MA 02142
Email Address
Overview develops open source and enterprise software that helps enterprises adopt and operate innovative cloud native technologies like microservices, serverless and service mesh. Founded in 2017 in Cambridge, MA, is backed by Redpoint Ventures and True Ventures.
Profile LinkedIn Company Profile
Social Media Company Twitter Account
Company News News
Facebook on Facebook
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Management Team

Email & Social
Chief Executive Officer
Idit Levine
  Idit Levine LinkedIn Profile  Idit Levine Twitter Account  Idit Levine News  Idit Levine on Facebook
Chief Marketing Officer
Erik Frieberg
  Erik Frieberg LinkedIn Profile  Erik Frieberg Twitter Account  Erik Frieberg News  Erik Frieberg on Facebook
Chief Technical Officer
Yuval Kohavi
  Yuval Kohavi LinkedIn Profile  Yuval Kohavi Twitter Account  Yuval Kohavi News  Yuval Kohavi on Facebook
Chief Technical Officer
Christian Posta
  Christian Posta LinkedIn Profile  Christian Posta Twitter Account  Christian Posta News  Christian Posta on Facebook
VP - Engineering
Neeraj Poddar
  Neeraj Poddar LinkedIn Profile  Neeraj Poddar Twitter Account  Neeraj Poddar News  Neeraj Poddar on Facebook
VP - Product Management
Chris Gaun
  Chris Gaun LinkedIn Profile  Chris Gaun Twitter Account  Chris Gaun News  Chris Gaun on Facebook
VP - Sales
Barry Lieberman
  Barry Lieberman LinkedIn Profile  Barry Lieberman Twitter Account  Barry Lieberman News  Barry Lieberman on Facebook



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We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from, an affiliated venture.


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