Devtron Inc. Raises $12 Mn in a Funding Round Backed by Insight Partners

Devtron Inc. raises $12 Mn in a funding round backed by Insight Partners.

Gurugram-based startup Devtron Inc. raises $12 Mn in a funding round led by Insight Partners. Along with Insight Partners, a New York-based private equity firm, Leo Capital and other angel investors also participated in this new funding round.

The startup will utilize the funds for scaling the team and its expansion. Along with investment in the team, the startup will also use the funds to drive the adoption of its platform and expand the startup into new markets.

This open-source DevOps platform was co-founded by Prashant Ghildiyal, Nishant Kumar, and Rajesh Razdan in 2019. Devtron Inc. provides a low-code software delivery platform for Kubernetes built on open-source tools like Argo and Clair.

Kubernetes is an open-source system for automating the deployment, scaling, and management of containerized applications.

“Since becoming open source, we have seen thousands of nimble startups across the globe installing Devtron every month along with many fast-growing startups as our commercial customers. It’s an exciting time of growth and development of our market-defining product”, said, Prashant Ghildiyal and Rajesh Razdan, Founders of Devtron.

Based in the United States and India, Devtron has seen continued adoption across the US, Europe, and India with some of the fast-growing companies as its heavy users.

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