Tech Company Financing Transactions
Elotl Funding Round
Elotl, based in San Francisco, secured $5 million from Vertex Ventures, Essence Ventures and HearstLab.
Transaction Overview
Company Name
Announced On
11/3/2021
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Seed
Investors
Vertex Ventures (Lead Investor) (Jonathan Heiliger)
private investors (Daniel Scheinman)
private investors (Edith Harbaugh)
Proceeds Purpose
Elotl plans to use the funding to hire across departments, continue building the platform, and expand to multiple cloud providers.
Company Information
Company Status
Private & Independent
Industry
Infrastructure
Mailing Address
1050 North Point St. 406
San Francisco, CA 94109
USA
San Francisco, CA 94109
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Developer of serverless infrastructure platform designed to serve microservice applications. The company offers a nodeless Kubernetes engine to run applications in a cost-effective, secure, and simple manner on the public cloud, thereby enabling clients to save costs, improve multi-tenant security, and simplify operations.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Madhuri Yechuri
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