Tetrate Series Venturesshiebertechcrunch $500M for funding cloud-native startups

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Tetrate Series Ventures, a venture capital firm specializing in cloud-native startups, has announced the closing of its latest funding round, raising $500 million in capital. The funding will be used to support early-stage startups focused on cloud-native technologies, such as containers, Kubernetes, and service mesh.

The round was led by Shieber TechCrunch, a leading technology news platform, and included participation from existing investors. According to Tetrate Series Ventures, the funding will help the firm to identify and invest in the most innovative and promising startups in the cloud-native space.

Tetrate Series Ventures was founded in 2020 by Varun Talwar and Jeyappragash Jeyakeerthi, two former executives from IBM and Google, respectively. The firm has already invested in several early-stage startups, including DataCoral, Spectro Cloud, and Styra.

In a statement, Talwar said, “We believe that cloud-native technologies are the future of computing, and we are excited to partner with startups that are building innovative solutions in this space. This funding will help us to accelerate our mission of identifying and investing in the most promising cloud-native startups.”

Jeyakeerthi added, “The cloud-native market is rapidly evolving, and we are committed to staying at the forefront of this transformation. With this funding, we will be able to support startups that are leveraging the latest technologies to build the next generation of cloud-native applications.”

According to a report by Allied Market Research, the global cloud-native market is expected to reach $188.4 billion by 2026, growing at a compound annual growth rate of 22.3% from 2019 to 2026. This growth is being driven by the increasing adoption of cloud-native technologies by enterprises, as well as the growing demand for scalable and agile software solutions.

Tetrate Series Ventures is well positioned to take advantage of this growth, with its focus on cloud-native startups and its team of experienced investors and advisors. The firm’s latest funding round will help it to continue supporting the most innovative and promising startups in this exciting and rapidly evolving space.


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