EnvO, a California and Israel-based company offering Infrastructure as Code (IaC) workflow automation and management software, has secured an additional $18.1 million in Series A funding, bringing its total raised to $35.1 million. The round was led by Venture Guides, with participation from StepStone Group and Knollwood Investment Advisory, along with existing investors boldstart ventures, Grove Ventures, Microsoft’s M12, and Crescendo Venture Partners.
The new funding will enable EnvO to accelerate research and development of new products to safely scale customer cloud operations. The platform supports a variety of IaC tools, including Terraform, CloudFormation, Pulumi, Kubernetes, and others, enabling businesses to scale and manage their IaC tools effectively, while cutting deployment times and enabling self-service for teams.
EnvO’s cloud management platform enables collaboration, self-service cloud deployments, and advanced policies to meet governance and compliance. The company has experienced rapid growth, growing by 450% in FY 2022 and signing new customers such as MGM Resorts International, PayPal, VMware, and BCG.
Ohad Maislish, CEO and co-founder of EnvO, said that IaC tools unlock significant benefits for businesses but can only be scaled effectively to realize their full potential. He added that EnvO is becoming increasingly important to customers’ infrastructures, helping them scale and manage their IaC tools safely and effectively, while enabling maximum productivity with minimum friction.
EnvO’s success in securing a significant investment from Venture Guides, a new firm founded by industry veterans from Bain Capital Ventures, highlights the growing demand for IaC solutions in cloud operations management. With the increasing adoption of cloud infrastructure, there is a need for efficient and safe management of IaC tools, which EnvO’s platform delivers. The company’s continued investment in research and development of new products to scale customer cloud operations safely positions it as a leader in the IaC workflow automation and management software space.
