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[Funding alert] CA-based DuploCloud Secures $32M in Series B Round Funding

CA-based DuploCloud Secures $32M in Series B Round Funding. Leading the round, which raised the total to $49.5M, were StepStone Group, WestBridge Capital, and Mayfield, a previous investor.

CA-based DuploCloud Secures $32M in Series B Round Funding. Leading the round, which raised the total to $49.5M, were StepStone Group, WestBridge Capital, and Mayfield, a previous investor.

The funds will be utilised by the company to grow both its operations and its clientele. Under the leadership of its founder and CEO, Venkat Thiruvengadam, DuploCloud is a low-code/no-code platform engineering solution aimed at facilitating developer self-service in developing startups, SMBs, and platform engineering teams, in addition to to make DevOps and Infrastructure-as-Code more accessible.

Read also – San Francisco-based Every.io Secures $9.5M in Seed Funding

Utilising the DuploCloud platform, enterprises can optimise operations while upholding strict security, availability, and compliance standards. The technology turns application specifications into managed cloud environments.

DuploCloud, which now has over 100 clients, has increased its yearly recurring revenue from its seed round in 2021 by an astounding 700%. This year, the company received recognition on the esteemed Inc. 5000 list.

Read also-  NYC-based Hang Secures $9.2M in Series A Round Funding

About DuploCloud

For development teams without a dedicated DevOps engineer, DuploCloud provides an end-to-end platform to handle DevOps software and supports those that do.

Read also – Cambridge-based Malta Secures an Undisclosed Amount in Funding

The platform integrates cloud operations, DevOps, security/compliance, and round-the-clock monitoring and support to automate the delivery of your application to the cloud (AWS, GCP, Azure). The programme can be accessed by our UI, Terraform, or API, and it operates within your cloud account.

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