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Rancher Labs closes $40M funding round to "run Kubernetes everywhere"

  • ZDNet
  • 2 months ago
  • Rancher Labs, a Cupertino, Calif.-based creator a Kubernetes management platform, raised $40m in Series D funding.
  • The round, which brought total funding to date to $95m, was led by Telstra Ventures, with participation from existing investors Mayfield, Nexus Venture Partners, GRC SinoGreen, and F&G Ventures.
  • Led by CEO Sheng Liang, Rancher Labs delivers open source software that enables organizations to deploy and manage Kubernetes at scale, on any infrastructure across the data center, cloud, branch offices, and the network edge.
  • Its flagship product, Rancher, has 30,000 active users and more than 100 million downloads.
Rancher Labs closes $40M funding round to "run Kubernetes everywhere"

Corvus raises $32 million to inject AI into insurance products

  • VentureBeat
  • 4 months ago

Corvus Insurance, a Boston, MA-based provider of commercial insurance products built on advanced data science, secured $32m in Series B venture capital funding. The round, which brought total funding raised to date to $46m, was led by Telstra Ventures with participation from Obvious Ventures and existing investors including .406 Ventures, Bain Capital Ventures and Hudson Structured Capital Management. In conjunction with the funding, Marcus Bartram, Partner at Telstra Ventures, will join Corvus’s Board of Directors.

The company intends to use the funds to continue its growth within existing product lines as well as accelerate the development of new technologies and tools to improve risk management, particularly to meet the needs of larger clients dealing with complex cyber risk.

Corvus raises $32 million to inject AI into insurance products

Sarah Robertson

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Worked at Telstra Ventures (AVG)

Mark Sherman

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Emerging Growth Equity Investor for tech enabled services Married to great woman and parenting two great kids Love Tri's, food and movies
Founder Marconi Music - Vinyl Superstar. 17 years in Digital. Compsci and MBA 2 exits