Platform9, which bills itself as an “open distributed cloud company,” today announced that it closed a $26 million funding round led by Celesta Capital with participation from Cota Capital, NGP Capital and other investors. CEO Bhaskar Gorti said that the new cash will be used to drive Platform9’s go-to-market strategy and product research and development, particularly as the company seeks out larger-scale enterprise deployments.
Platform9 was founded by Sirish Raghuram, Madhura Maskasky, Bich Le and Roopak Parikh, who worked together to create several virtualization products in the early aughts. Their hypothesis was that open source ecosystems would grow to offer a broad range of offerings in the cloud but that enterprises n …
