Tetrate
Application management for hybrid and multi cloud world.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor investor investor investor investor | €0.0 | round |
| investor investor investor investor investor investor investor | €0.0 | round | |
$40.0m | Series B | ||
| Total Funding | 000k | ||
| USD | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 63 % | 91 % | 214 % | 13 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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In 2018, Tetrate was founded by Varun Talwar and Jeyappragash Jeyakeerthi, two pioneers in the world of service mesh technology. Varun, known for his work on Istio at Google, teamed up with Jeyappragash to address the growing complexity enterprises face in managing modern, hybrid cloud environments. Their vision was to create a platform that simplifies application networking, making it more secure and manageable for businesses.
Tetrate quickly positioned itself as a leader in the service mesh space, offering solutions that help enterprises manage their workloads across diverse environments. The company's platform builds on open-source technologies, providing a robust framework for organizations to enhance their application networking capabilities.
A significant milestone in Tetrate's journey came in 2021 when the company secured substantial funding from prominent investors, including Dell Technologies Capital and Intel Capital. This investment underscored the confidence in Tetrate's vision and its potential to transform enterprise networking.
Today, Tetrate continues to innovate, driven by its mission to empower businesses with the tools they need to navigate the complexities of modern IT infrastructure. The company's journey reflects a commitment to open-source principles and a focus on solving real-world challenges faced by enterprises globally.