Daytona, a NYC-based open source development environment manager, raised $5M in Seed funding.
The round was led by Upfront Ventures with participation from existing investor 500 EE.
The company intends to use the funds to accelerate the expansion of streamlined development environments to developers worldwide, expand its product development and hiring efforts for new marketing, sales and engineering roles.
Led by CEO Ivan Burazin, Daytona is an open source development environment manager that optimizes the process of creating standard and secure environments, automates environment setups on branches, and shares environments. It also integrates with clients’ IDE or Git provider, adhering to standards such as Development Container, Devfile, Nix and others.
Since introducing its enterprise developer solution in late 2023, Daytona has nearly doubled its ARR. The company also created an open source version geared toward individual developers that has amassed over 5,000 GitHub stars since its inception two months ago.
FinSMEs
25/06/2024