- Replicated — a company that enables software vendors to ship an on-prem, air-gapped, or self-hosted version of their software with Day 2 enterprise operations management — announced it closed a Series B funding round totaling $25 million
Replicated — a company that enables software vendors to ship an on-prem, air-gapped, or self-hosted version of their software with Day 2 enterprise operations management — announced it closed a Series B funding round totaling $25 million. This round of funding was led by Two Sigma Ventures with participation from existing investors. And the total amount raised to date — including a $1.5 million seed round (led by BoldStart) and a $5 million Series A round (led by Amplify) — is $31.5 million. The funds from this round will be used to expand the capabilities of the current product and grow the team.
Replicated essentially enables software vendors to use modern cloud-native technologies and Kubernetes to deliver enterprise-grade applications and install their software in on-prem or self-hosted environments. And the technology reduces the engineering workload and accelerates time to market for software vendors. With enterprise customers, Replicated provides a simple interface to manage software deployments, licensing, and Day 2 operations. Replicated’s customers include HashiCorp, Puppet, and UiPath along with half of the Fortune 100.
Replicated is known as the first company to deliver a container-based service for deployment of applications inside corporate firewalls. And Kubernetes has become the substrate of how modern software is delivered and makes widespread delivery of software to on-prem environments possible.
Typically, traditional on-prem software deployments required software vendors to spend months packaging and delivering applications on disks or servers to the customer. And it was hard to build reliable, scalable, and distributed systems. For example, the software was received by operations technicians who had to pour over manuals for days to deploy, update, and maintain every service. And Replicated reduces the engineering overhead from months to days along with accelerating time to market, streamlining Day 1 and Day 2 operations so that a single person can manage 10,000 applications.
Replicated has more than doubled its customer base in the past 12 months. And Replicated’s customers cite easier access to large enterprise accounts as the primary reason for adopting the technology.
Replicated was launched in 2015 by CEO Grant Miller and CTO Marc Campbell — who previously founded Look IO, a mobile live-chat program that was acquired by LivePerson.
“The on-prem software market is four times larger than the SaaS market. Replicated lets software vendors unlock the opportunity of the on-prem software category with lower engineering overhead and faster time to market. This is a market change made possible by the convergence of cloud-native computing and Kubernetes.”
— Grant Miller, Replicated co-founder and CEO
“Replicated makes it easy to reliably deliver our AI platform to highly-secure customer environments, without needing our customers to become experts on our stack or architecture.”
— Kyle Owens, Labelbox Engineering Manager
“Replicated has pioneered the way to operationalize and scale the distribution of modern on‑prem applications to enterprise customers. Their technology makes on-prem or self-hosted software deployments fast, seamless, and easy to manage in an era where companies are increasingly deploying applications in their cloud and on-prem environments.”
— Villi Iltchev, Two Sigma Ventures partner