env0 Lands $35.1 Million Series A

<p><strong>SUNNYVALE<&sol;strong> &&num;8212&semi; env0&comma; a provider of Infrastructure as Code &lpar;IaC&rpar; workflow automation and management software&comma; has secured an additional &dollar;18&period;1 million of funding to conclude its Series A investment round with a total of &dollar;35&period;1 million&period; The company said it grew by 450&percnt; in FY 2022&comma; signing a number of new customers including MGM Resorts International&comma; PayPal&comma; VMware&comma; and BCG&period;<&sol;p>&NewLine;<p>env0 plans to use the new funds to accelerate research and development of new products to scale customer cloud operations safely&period;<&sol;p>&NewLine;<p>This latest round&comma; which brings env0’s total funding to &dollar;41&period;9 million&comma; is led by Venture Guides&comma; a new firm formed by industry veterans from Bain Capital Ventures&period; The round includes new investors StepStone Group and Knollwood Investment Advisory&comma; with all existing investors boldstart ventures&comma; Grove Ventures&comma; Microsoft’s M12 and Crescendo Venture Partners participating as well&period; The funding is Venture Guides’ first major investment from their initial &dollar;200 million fund&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Customers actually enjoy managing their public cloud environments safely at scale with env0&comma;” said Ben Nye&comma; Managing Partner at Venture Guides&period; &OpenCurlyDoubleQuote;At the same time&comma; developers enjoy a much faster time-to-value with self-service environments&comma; allowing them to deliver more innovative features and products faster&period; In addition&comma; DevOps teams gain improved security&comma; reduce cloud costs&comma; and enable governance with policy safeguards while avoiding IaC tool vendor lock-in&period; env0 is the right solution for customers wanting to manage and grow their cloud operations&period;”<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;While IaC tools unlock amazing benefits for businesses and enable rapid iteration and innovation&comma; the biggest rewards can only be realized by scaling it effectively&comma;” said env0 CEO and co-founder Ohad Maislish&period; &OpenCurlyDoubleQuote;env0 is becoming increasingly important to our customers’ infrastructures&period; Our solutions help them scale and manage their IaC tools—dramatically cutting their deployment times and enabling self-service for their teams without neglecting compliance&period;”<&sol;p>&NewLine;