BusinessWire – Key contributors of Envoy and Istio projects launch Tetrate with $12.5M in funding to create enterprise-grade service mesh

March 13, 2019

Tetrate, the enterprise service mesh company, today launched with $12.5M in funding, led by Dell Technologies Capital with participation from 8VC, Intel Capital, Rain Capital and Samsung NEXT. The funding round also includes participation from industry executives Pankaj Patel, former Chief Development Officer at Cisco; Guido Appenzeller, Chief Product Officer at Yubico and former CTO Cloud & Networking at VMware; BV Jagadeesh, founder of Netscaler & Managing partner at KAAJ Ventures and Shiva Rajaraman, Chief Product Officer at WeWork, and others supporting Tetrate’s mission. In addition to building an enterprise-grade service mesh platform, Tetrate plans to use the new funding to expand its open source leadership and deepen its contributions to the open source community.

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