Erlenbach/Cupertino - Isovalent has raised 40 million US dollars in a funding round. Microsoft was one of the investors. The company with headquarters in the Greater Zurich Area and California develops open-source software for cloud applications.

Isovalent has raised 40 million US dollars in a series B funding round. The round was led by Thomvest Ventures from California. Additionally, among other companies, Microsoft made an investment via its venture capital fund, M12. Google and Cisco rank among the existing investors.

Isovalent was able to win over investors with its open-source software that aims to make various cloud applications safer to use. Its most popular products include Cilium, which is software that is also used in Google’s Kubernetes engine. Isovalent also works with the open-source technology extended Berkeley Packet Filter (eBPF).

Isovalent plans to use the new funds to further develop products and expand its team. In addition, it hopes to form new partnerships with technology companies.

Isovalent was founded by Thomas Graf (CTO) and Dan Wendlandt (CEO) in 2017. It has two headquarters, located in Zurich and Cupertino in California. Isovalent is registered at Erlenbach in the canton of Zurich.

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