Venture Capital News: DBOS Pulls In $8.5M Seed Financing
2024-03-12
CAMBRIDGE, MA, DBOS, developer of the world's first cloud-native operating system, today announced that it has raised $8.5 million in Seed funding, and released its first product offering.
The funding was led by Engine Ventures and Construct Capital, along with Sinewave, and GutBrain Ventures. Engine Ventures general partner, Reed Sturtevant, joins Andy Palmer, Michael Stonebraker, and Peter Kraft on the DBOS board. The company also announced the release of DBOS Cloud, a transactional serverless application development platform powered by DBOS, which makes cloud applications vastly easier to develop, deploy, and secure.
Co-founded by world class computer scientists including Turing Award laureate and Postgres creator, Mike Stonebraker, Matei Zaharia, Phd, Christos Kozyrakis, Peter Kraft, PhD, Qian Li, PhD along with industry veterans Chuck Bear and former Head of Cybersecurity Practice at BCG Platinion, Michael Coden, DBOS is on a mission to make cloud applications more reliable and vastly easier to develop, deploy, and secure. Based on years of joint MIT-Stanford research and open source development, DBOS revolutionizes cloud technology by eliminating the need for containers and other infrastructure required to run cloud applications on the 30 plus-year old Linux operating system. As a result, DBOS-based cloud applications are drastically simpler to build, scale, and secure.
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