Pulumi: Open Source Infrastructure As Code Platform Secures $41 Million

By Amit Chowdhry • Oct 10, 2023

Pulumi – a leading open source Infrastructure as Code platform – recently announced $41 million in Series C funding led by Madrona with participation from NEA, Tola Capital, and Strike Capital. This funding round brings Pulumi’s total funding to $99 million.

The company will use the investment to make cloud infrastructure accessible to everyone, innovating on its open-source platform, advancing infrastructure security, and bringing the power of generative AI to cloud engineers and developers.

The new funding builds on a period of innovation and growth for Pulumi – which doubled revenue over the past year and now counts over 2,000 customers and 150,000 users on its platform. The new enterprise deployments in the last year include Univision, Moderna, Pinecone, the LEGO Group, and many others, all using Pulumi to accelerate their innovation. Over half of the Fortune 50 now use Pulumi to help tame cloud complexity.

Pulumi also recently announced Pulumi Insights, which provides analytics and search across cloud infrastructure, and Pulumi AI, which allows developers to generate infrastructure as code using natural language. This year, the company has also seen mounting industry accolades, having been named among the top 5% of the Inc. 5000 Fastest Growing Companies in America and listed among Redpoint Ventures’ InfraRed 100 transformative companies in cloud infrastructure.

Pulumi also announced the appointment of Bob Laskey as Chief Customer Officer (CCO). Laskey brings over 25 years of cloud software leadership experience to Pulumi, having led highly successful revenue teams at Cloudflare and Microsoft. As CCO, Laskey is going to focus on improving the experience of Pulumi’s growing customer base, and developing its partner ecosystem and professional services.

KEY QUOTES:

“Pulumi is critical to global enterprises now that it is the leading open source Infrastructure as Code provider. With the size and complexity of cloud infrastructure rapidly increasing as enterprises continue their digital transformation journey, the scale, power, and ease of use that Pulumi provides is more valuable than ever.” 

  • S. Somasegar, Managing Director of Madrona and Pulumi board member

“We run due diligence calls every day, and we were awestruck by how much customers love the product. Pulumi has created incredible fans and a loyal following among cloud engineers and developers.”

  • John Lagomarsino, General Partner at Strike Capital

“This funding will accelerate our growth and enable us to solve even more of our customers’ toughest cloud challenges. The modern cloud changes everything and, as the leading open source Infrastructure as Code provider, we look forward to continuing to work closely with our community to reimagine how the world programs the cloud.”  

  • Pulumi co-founder and CEO Joe Duffy