This is the Komodor pitch deck to raise a $21m series-a round in 2021.
About
Komodor, an Israeli startup offering troubleshooting for automation software Kubernetes, has raised $21 million in funding as it emerges from stealth.
The startup provides a platform companies using Kubernetes, promising smoother troubleshooting.
Kubernetes is the popular open-source container orchestration software originally designed and promoted by Google, but now managed by the Cloud Native Computing Foundation. In 2017, 54% of Fortune 100 companies were estimated to be using the software. Although widely adopted, Kubernetes is famously complex, and issues can be complicated to fix, according to Komodor CEO Ben Ofiri.
“Up until recently R&D in companies used to be one big piece of code, a monolith, which meant in to change it you had to release a new version every time,” Ofiri said. “Kubernetes helps dev-ops maintain various micro-services which are easier to manage, but if the system goes down you need to be an expert to solve the problem. Komodor solves the issue by constantly fetching data so we can locate precisely what the problem is to reduce troubleshooting times.”
The company’s Series A was led by Accel as the business comes out of stealth alongside angel investments from GitHub CTO Jason Warner, Atlassian CTO Sri Viswanath, and Synk cofounder Danny Grander. Komodor previously raised $4 million in seed funding from NFX Capital and Pitango Venture Capital.
Funding will go towards tripling the company’s current 15 staff count and developing new products.
“Kubernetes is a trend we have been following for a while and it’s becoming uncommon to hear of companies not using it,” Seth Pierrepoint, partner at Accel, told Insider. “Software engineers using the system don’t have the skill set to do the detective work when things go wrong but Komodor abstracts away a lot of that complexity.”
Funding Rounds
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Announced Date
|
Transaction Name | Number of Investors | Money Raised | Lead Investors |
| Jun 10, 2021 | Series A – Komodor | 6 | $21M | Accel |
| May 1, 2020 | Seed Round – Komodor | 4 | $4M | — |
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