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Networking & security startup Isovalent raises $40 million in Series B funding

by Babu Patil
Networking & security startup Isovalent raises $40 million in Series B funding

Isovalent, an eBPF-powered cloud-native networking & security startup, raised $40 million in Series B funding.

Thomvest Ventures led the round with M12 (Microsoft’s Venture Fund), Grafana Labs, Google, Cisco, Andreessen Horowitz, Mango Capital, and Mirae Asset Capital.

Isovalent, founded by the creators of Cilium and co-maintainers of eBPF, builds open-source software and enterprise solutions for cloud-native service connectivity, security, and observability. Cilium is the choice of leading global organizations, including Adobe, AWS, Bell Canada, Capital One, Datadog, Google, and many more. 

Isovalent CEO Dan Wendlandt said: “The rapid adoption of Cilium across many verticals including finance/payments, e-commerce/retail, insurance, telecommunications, government, data analytics, entertainment, and many more, highlights that we are solving a critical piece of the puzzle for users as they take the next step on their Kubernetes journey.”

Continuing its commitment to open source innovation, Isovalent will use the latest Series B proceeds to remain the leading force behind the eBPF community and continue the rise of Cilium as the leading technology for Kubernetes networking, security, and service mesh. 

The company will rapidly expand its team to support quickly-growing customer demand for Isovalent Cilium Enterprise and collaborate with the always-expanding set of ecosystem partners who look to Isovalent as the new standard for secure and observable connectivity within Kubernetes and beyond. ......