vFunction completes $12.2 million funding round led by Israeli investor Oren Zeev
Israeli startup vFunction raised $12.2 million in a seed round led by Israeli investor Oren Zeev’s fund, Zeev Ventures along with Shasta Ventures and with the participation of Khosla Ventures and Engineering Capital, who took part in the company’s pre-seed round. The company was founded in 2017 by serial entrepreneurs: Amir Rapson, Moti Rafalin, and Ori Saporta after selling their previous company WatchDox to BlackBerry in 2015. The company has parallel activities in Israel and the U.S.
Israeli investor Oren Zeev. Photo: Josh Todd
“We spent over three years perfecting the vFunction technology to ensure we were helping our customers unlock the true value of the cloud for the 80% of the workloads that aren’t yet cloud-native,” said Rafalin, who serves as the company’s CEO. “vFunction provides developers, CTOs and system architects the opportunity to increase business and engineering velocity, by enabling and accelerating enterprises’ journey to cloud-native architecture, without the steep time commitment, high cost, and significant risk associated with the modernization approaches that exist today.”
vFunction is a partner of several companies and a home for leading information technology companies around the world, including Tata Consultancy Services, HCL Technologies, and Wipro. The company is also a partner on leading cloud-native platforms like Red Hat OpenShift.