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Platform9 closes $26m financing led by Celesta Capital

Platform9 has closed $26 million financing led by Celesta Capital, with participation from Cota Capital, NGP Capital, and other investors.

This financing round comes on the back of three consecutive years of 100% growth in annual recurring revenue (ARR) for SaaS Kubernetes, led by enterprise interest in cloud-native distributed clouds. 
In addition to the financing, the company has made two significant appointments to its executive team to help scale the company rapidly. Former Oracle and Nokia sales executive, Emilia A’Bell joins as Chief Revenue Officer and former Intel Corporate Vice President, Ravi Jacob, joins as the company’s chief financial officer.

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