Kubecost Raises $25 Million Series A
New York – February 23, 2022 – Cooley advised Kubecost, an open-source solution for monitoring, managing and optimizing Kubernetes spend at scale, on its $25 million Series A funding. Lawyers Sacha Ross, Roy Moran and Christina Kim led the Cooley team advising Kubecost.
The funding round was led by Coatue Management, with additional participation from existing investors First Round Capital and Afore Capital. Kubecost intends to use the fresh capital to build a developer-centric community around its cost management solutions, which are purpose-built for the Kubernetes open-source orchestration software.
Launched in 2019, Kubecost was founded by two former Google employees, Webb Brown and Ajay Tripathy, with experience working on infrastructure monitoring solutions for Google and Google Cloud. Kubecost helps developers and other stakeholders, including chief financial officers, understand and optimize their Kubernetes spend. It currently has more than 2,000 companies using the software across all major cloud providers and on-premises in air-gapped environments.
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