env0 raises $17 million in Series A led by Microsoft’s Venture Fund
The Israeli startup said the funds will be used to expand the company’s Infrastructure as Code (IaC) platform and accelerate visibility, predictability and governance of cloud deployments
Israeli startup env0, a provider of automated, collaborative remote-run workflow management for cloud deployments, announced on Thursday that it has closed a $17 million Series A funding, bringing its total funding to $23.8 million. The round was led by M12 - Microsoft’s Venture Fund, and included existing investors Boldstart Ventures, Grove Ventures, and Crescendo Ventures.
The company said the funds will be used to expand the company’s Infrastructure as Code (IaC) platform and accelerate visibility, predictability and governance of cloud deployments as the shift to IaC has been growing dramatically in the last few years.
env0 team. Photo: env0
“The majority of companies today are embracing IaC frameworks, especially Terraform, since manual cloud provisioning is no longer a viable option. However, those frameworks were not built as complete business solutions. env0 is doing to IaC frameworks what GitHub did to Git, providing management, governance and collaboration capabilities,” said Ohad Maislish, env0 CEO.
With many organizations around the world relying on the cloud for critical applications and services, the cloud becomes a double-headed entity that includes both code and cloud resources, and thus automated cloud management translates to significant time savings and operational efficiencies.
“While Infrastructure as Code reduces cloud implementation costs and provisioning time, env0’s powerful IaC automation platform significantly simplifies implementation for organizations, dramatically improving governance and collaboration capabilities,” said Mony Hassid, Managing Director and EMEA Lead, M12. “The company’s team and technology are bringing innovations to market that empower the next generation of cloud deployments.”