Loft Labs, a San Francisco, CA-based creator of vCluster and DevPod and provider of platform engineering building blocks, raised $24M in Series A funding.
The round was led by Khosla Ventures with participation from existing investors Fusion Fund, Surface Ventures, Emergent Ventures, and Berkeley SkyDeck Fund, with an additional angel investment from Kit Merker.
The company intends to use the funds to accelerate further development and adoption of vCluster, the open source cloud development solution DevPod, and other tools for platform engineers and developers.
Led by CEO Lukas Gentele, Loft Labs is a provider of platform engineering building blocks and delivers Kubernetes-native tools, functionality and frameworks purpose-built for platform engineers to manage, activate and optimize their platform stack. The company empowers platform teams at 100+ enterprises globally to harmonize engineering velocity and operational stability, and to build and run digital platforms at scale.
Loft Labs also announced integrations with Rancher, HashiCorp Vault, and Argo CD, and signed a number of new customers including CoreWeave, Outreach, Lintasarta, Aussie Broadband, as well as five Global Fortune 500 companies.
Commenting on the news, Lukas Gentele said: “Our focus has always been to create things for platform builders, and we are only at the beginning. Efficient Kubernetes multi-tenancy with vCluster and consistent dev environments with DevPod are just the first top-of-mind challenges we wanted to solve for platform teams. We see so many opportunities for additional next-generation building blocks for platform engineers, and we’re excited to innovate in these areas. With Khosla Ventures as the first institutional investor in companies like Open AI and Gitlab, we are grateful to partner with a VC that truly understands our space and we also greatly appreciate the continued support and encouragement from our seed investors.”
FinSMEs
16/04/2024