DuploCloud, a San Jose, CA-based company offering a platform engineering solution to make DevOps and Infrastructure-as-Code accessible, raised $32M in Series B funding.
The round, which brought the total amount to $49.5M, was led by WestBridge Capital and StepStone Group, along with previous investor Mayfield.
The company intends to use the funds to expand operations and its business reach.
Led by CEO Venkat Thiruvengadam, CEO and founder, DuploCloud is a low-code/no-code platform engineering solution, designed to make DevOps and Infrastructure-as-Code accessible and to empower developer self-service across growing startups, SMBs, and platform engineering teams. The DuploCloud platform translates application specifications into managed cloud configurations, allowing organizations to streamline operations while maintaining rigorous security, availability, and compliance standards.
With over 100 customers, DuploCloud has grown annual recurring revenue by an amazing 700% since its seed round in 2021 and has been recognized in the prestigious Inc. 5000 list this year.
FinSMEs
01/12/2023