- Cloud engineering company Pulumi announced it has raised $37.5 million in Series B funding led by NEA
Cloud engineering company Pulumi announced it has raised $37.5 million in Series B funding led by NEA with participation from Madrona Venture Group and Tola Capital. This round of funding brings the total amount raised to $57.5 million.
The funding round will be used for accelerating R&D along with expanding sales and marketing as the company continues to develop and lead the cloud engineering market with its flagship infrastructure as code platform.
NEA partner Aaron Jacobson will be joining Madrona Venture Group managing director S. Somasegar and Tola Capital managing director Sheila Gulati on Pulumi’s board of directors. And Pulumi also announced a number of new executive appointments, deepening its leadership bench to support its rapid growth.
Pulumi is giving cloud engineering teams the ability to utilize the cloud in all aspects of their software — including infrastructure provisioning, architecture, policy and testing. Pulumi supports all public, private and hybrid clouds, including Amazon Web Services (AWS), Microsoft Azure, Google Cloud Platform, and Kubernetes, in addition to 50+ other infrastructure providers, using familiar languages and tools, including Python, JavaScript, TypeScript, Go and .NET/C#. And this announcement comes after several significant recent product releases, including the introduction of Pulumi 2.0 and the unveiling of significant new capabilities for Kubernetes.
The company achieved 10X growth in adoption in the last 12 months, and surpassed 1 million downloads per month. This momentum was driven by the industry-wide shift to cloud engineering, which is a new way that companies including Snowflake, Mercedes-Benz, Tableau, Sourcegraph, Cockroach Labs, MINDBODY, Lemonade and Credijusto are embracing the modern cloud to accelerate digital transformation. Pulumi’s Cloud Engineering Summit (held October 7-8) drew over 3,000 registered attendees from 85 countries to interact with industry leaders from companies including AWS, Microsoft, Google, Chef, GitLab, JFrog, NS1, Puppet, Snyk and VMware.
Pulumi also announced the expansion of its executive team, having appointed longtime software industry veterans Jay Wampold as CMO, Lindsay Marolich as senior director of demand generation, Kevin Kotecki as VP of sales and Lee-Ming Zen as VP of engineering. And these new appointments will significantly accelerate hiring and facilitate scaling Pulumi’s ongoing R&D and go-to-market efforts.
Wampold brings over 24 years of marketing and communications experience at top technology companies including AWS, Qumulo and Chef to Pulumi. And Marolich brings over a decade of marketing experience to the company, having held leadership roles at companies including Cloudability, Apptio and CommerceIQ. Kotecki brings over 10 years experience in technology sales to the company, having previously held senior positions at Isilon, Tableau and Igneous Systems. Zen brings 15 years of engineering experience to Pulumi, having held senior positions at AWS, Microsoft and Bluefin Labs.
KEY QUOTES:
“Three years ago, we set out on a bold mission to empower developers and infrastructure teams to make the most out of the modern cloud. The market transformation and success we’ve seen in that time has blown us away and I’m incredibly proud of the team and product we’ve built. Our community has grown into an amazing, welcoming place that embodies the company culture and, as our growing customer base sees their own successes, Pulumi’s success follows. I’d like to thank Soma and Madrona, and Sheila and Tola, and now Aaron, Scott, Hilarie and the rest of the NEA team, for their belief in our vision and major contributions to our momentum. I can’t wait to see what the Pulumi team, our customers and our community build in the years to come!”
— Pulumi Founder and CEO Joe Duffy
“Pulumi serves a critical need for businesses experiencing rapid transformation in this modern cloud era, accelerating cloud engineering by developers and infrastructure teams and enabling them to work together more closely. We are extremely pleased to have led this round and look forward to partnering closely with Pulumi to further accelerate the growth of the company and the benefits that it brings to cloud engineers worldwide.”
— NEA partner Aaron Jacobson
“By pairing a programming interface with a resource model, Pulumi has essentially turned the cloud into an operating system. It’s one of the most significant and ambitious approaches to redefining how the cloud is used that we’ve seen in years, much like operating system revolutions of the past.”
— Scott Sandell, managing general partner of NEA
