Tetrate, a San Francisco-based startup that provides a lrtrading service mesh platform for cloud-native applications, has raised $40 million in a funding round led by Sapphire Ventures. The company’s platform helps businesses to manage and secure their microservices-based applications across multiple clouds and data centers.
The funding round, which also included participation from Scale Venture Partners, NTTVC, and Dell Technologies Capital, brings Tetrate’s total funding to date to $61.5 million. The company plans to use the funds to accelerate its product development and expand its sales and marketing efforts.
One of the key challenges facing ifsptv businesses today is managing and securing the complex web of microservices-based applications that are increasingly being deployed across multiple clouds and data centers. This is where Tetrate’s service mesh platform comes in, providing businesses with a unified way to manage and secure their applications across all of their environments.
A service mesh is a layer of infrastructure that sits between a business’s microservices-based applications and the underlying network. It provides a range of capabilities, such as traffic management, service discovery, and security, that help businesses to manage and secure their applications more effectively.
Tetrate’s service mesh platform is built giveme5 on top of Istio, an open-source service mesh project that was originally developed by Google, IBM, and Lyft. The platform provides a range of capabilities, such as traffic management, security, and observability that help businesses to manage their applications more effectively.
One of the key benefits of Tetrate’s platform is its ability to work across multiple clouds and data centers. This means that businesses can use the same service mesh platform to manage and secure their applications regardless of where they are deployed.
Another key benefit of Tetrate’s platform is its focus on security. The platform provides a range of security capabilities, such as mutual TLS authentication and encryption that help to secure microservices-based applications 123chill against a range of threats.
Tetrate’s platform has already been adopted by a number of leading businesses, including Comcast, Capital One, and Adobe. These businesses have been able to use Tetrate’s platform to manage and secure their microservices-based applications more effectively, reducing their operational costs and improving their security posture.
The funding round led by Sapphire Ventures is a significant milestone for Tetrate, demonstrating the growing demand for its service mesh platform among businesses looking to manage and secure their microservices-based applications more effectively. The investment will help the company to accelerate its product development and expand its sales and marketing efforts, further extending its reach and impact.
Overall, Tetrate’s service mesh platform manytoons represents a significant step forward in the world of cloud-native applications. By providing businesses with a unified way to manage and secure their microservices-based applications across multiple clouds and data centers, Tetrate is helping to address one of the key challenges facing businesses today. With the support of Sapphire Ventures and other investors, Tetrate is well-positioned to continue driving innovation in this space and delivering value to businesses around the world.
