Rancher Labs Secures $10M in Series A Funding

Date 2015/6/11 7:35:21 | Topic: Company News

Rancher Labs, a startup developing Docker infrastructure software, today announced $10M in Series A funding from Mayfield and Nexus Venture Partners. With the rapid adoption of container technology, the company’s open source software has grown in popularity by allowing organizations to run containers in production, across any cloud. The funding will be allocated to furthering product development and expanding the company’s engineering and development teams.

“Containers are quickly becoming the de-facto large-scale production platform for application deployment,” said Sheng Liang, co-founder and CEO of Rancher Labs. “Our goal is to provide organizations with the tools needed to take full advantage of container technology. By developing storage and networking software purpose-built for containers, we are providing organizations with the best possible experience for running Docker in production. As we prepare for the upcoming launch of our flagship Rancher product, we are thrilled to be partnering with investors who truly believe in our unique vision.”

Rancher’s growth has come as containers are fundamentally changing the way infrastructure is consumed. Based on the technology’s current requirements, Rancher is developing innovative solutions for container infrastructure, including networking, load balancing, monitoring and storage, designed specifically for containers. With this new approach, Rancher makes it easier for organizations to adopt Docker, deploy it anywhere and manage it in production.

Rancher was founded by the team behind Cloud.com, maker of the Apache CloudStack software, which was acquired by Citrix® in 2011. The founding leadership team includes Sheng Liang as chief executive officer, Shannon Williams as vice president of sales and marketing, Darren Shepherd as chief architect and Will Chan as vice president of engineering. 

This article comes from Software Development Tools

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