Venture Capital News: CoreOS Receives $12M Investment
2015-04-07
SAN FRANCISCO, CA, Leader in open source enterprise software solutions for Linux containers is announcing a $12 million investment round led by Google Ventures.
CoreOS, Inc., a leader in open source enterprise software solutions for Linux containers, today is announcing Tectonic, a next generation enterprise software stack for businesses seeking the benefits of a container-based infrastructure. In addition, CoreOS is announcing a $12 million investment round led by Google Ventures, with additional investment from Kleiner Perkins Caufield & Byers (KPCB), Fuel Capital and Accel Partners, bringing its total funding to $20 million.
Tectonic is a commercial distribution of the combined CoreOS portfolio and Kubernetes, an open source technology introduced by Google. The Tectonic suite delivers a complete enterprise solution for businesses transitioning to a distributed, container-based software infrastructure. Tectonic brings the power of Kubernetes to any cloud or on-premise environment.
'When we started CoreOS, we set out to build and deliver Google's infrastructure to everyone else,' said Alex Polvi, CEO of CoreOS. 'Today, this goal is becoming a reality with Tectonic, which allows enterprises across the world to securely run containers in a distributed environment, similar to how Google runs their infrastructure internally.'
'We see a broader industry trend where enterprise computing is shifting to mirror the infrastructure of large-scale software companies,' said Dave Munichiello, Partner at Google Ventures. 'With a focus on security, reliability, and ease of deployment CoreOS delivers a comprehensive platform for global enterprises to deliver services at scale. We are excited to be working with the team.'
'We introduced Kubernetes to bring cluster first management to the multi-cloud world. With this announcement, CoreOS is helping us realize that vision: a fully supported, enterprise grade version of Kubernetes that runs everywhere,' said Craig McLuckie, product lead for Kubernetes. 'Our Google Cloud Platform customers benefit from modern management patterns pioneered in Google, and Tectonic frees them to pick their cloud provider solely on the merits of their infrastructure, with no lock-in whatsoever.'
Starting today, CoreOS is offering Tectonic to a select set of beta customers. The full enterprise solution includes: an integrated Linux container platform and a deployment automation tool. The Linux container platform includes a server operating system, container runtime and networking, a cluster management console with a browser-based user interface, and Kubernetes.
'With a flood of choices to make in developer infrastructure and more arriving by the day, the demand for opinionated infrastructure that makes sensible choices is growing - particularly in the container space,' said Stephen O'Grady, Principal Analyst with RedMonk. 'This is the challenge that Tectonic was built for, to provide an integrated container-based solution.'
In addition to the new offering, CoreOS will continue to heavily invest in the community and ecosystem to help develop and bring forward the next generation of infrastructure.
About Tectonic
Tectonic, delivered by CoreOS, is an enterprise-ready platform for running Linux containers in a distributed environment. Tectonic combines Kubernetes and the CoreOS stack in a commercial distribution, prepackaged with an enterprise-ready management dashboard, an integrated container registry and a supported, continuously up-to-date distributed platform.
Tectonic is available in any environment, cloud or on-premise. Learn more at https://tectonic.com/ or follow Tectonic on Twitter @TectonicStack.
About CoreOS, Inc.
CoreOS, Inc. provides the components needed to build distributed systems to support application containers. CoreOS is the creator of Tectonic, an enterprise-ready platform that combines Google's Kubernetes and the CoreOS stack for running Linux containers. In addition CoreOS, is the creator and maintainer of open source projects CoreOS Linux, etcd, Fleet, Flannel and Rocket. The strategies and architectures that influence CoreOS allow companies like Google, Facebook and Twitter to run their services at scale with high resilience. Learn more at https://coreos.com/ or follow CoreOS on Twitter @coreoslinux.
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