SUNNYVALE, CA, env0 announced that it has secured an additional $18.1M of funding to conclude its Series A investment round with a total of $35M.
Env0, a provider of Infrastructure as Code workflow automation and management software,announced it has secured an additional $18.1 million of funding to conclude its Series A investment round with a total of $35M.
The company grew by 450% in FY 2022, signing a number of new customers including MGM Resorts International, PayPal, VMware, and BCG. env0 will use the new funds to accelerate research and development of new products to scale customer cloud operations safely.
This latest round, which brings env0's total funding to $41.9 million, is led by Venture Guides, a new firm formed by industry veterans from Bain Capital Ventures. The round includes new investors StepStone Group and Knollwood Investment Advisory, with all existing investors boldstart ventures, Grove Ventures, Microsoft's M12 and Crescendo Venture Partners participating as well. The funding is Venture Guides' first major investment from their initial $200 million fund.
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