Akuity Raises $20M in Series A Funding

Funding Rounds

Summary

The round was led by Lead Edge Capital and Decibel Partners. The company intends to use the funds to scale the team and contribute even more to the community. Led by CEO Hong Wang, Akuity is the enterprise company for Argo, the leading open-source suite of cloud-native application delivery software. CEO Hong Wang, CTO Jesse Suen and Chief Architect Alexander Matyushentsev, are also the co-creators of the Argo Project, a suite of open source tools purpose-built for deploying and running applications and workloads on Kubernetes. The company is developing two commercial solutions: • Akuity Platform: A fully-managed DevOps platform powered by the Argo project which solves real-life enterprise use-cases and focuses on providing an exceptional developer experience.

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