PerfectScale, a year-and-a-half-old startup in Morrisville that's trying to take the complexity out of Kubernetes, recently closed on $7.1 million and is hiring, the firm announced Tuesday.
PerfectScale works in Kubernetes optimization – a hot space, as the majority of cloud workloads are now running on that platform. The latest investment brings the company’s total funding to nearly $10 million since its founding in March 2022.
PerfectScale offers an optimization and automation platform that aims to make it simple for DevOps and other professionals to improve the stability and cost-effectiveness of their Kubernetes environments.
The complexities of Kubernetes – an open-source system for software deployment – are a pain point that CEO Amir Banet and his co-founder, CTO Eli Birger, have felt before. As they were working on their business plans, they talked to 50 different technologists and soon realized that the problem was relevant to both startups and large companies.
“There aren’t any good solutions,” said Banet, a former product head at Samanage in Cary (acquired by Austin-based SolarWinds for $350 million). “Most of the solutions we were using … those were monitoring tools.”
So they teamed up with investors and closed a pre-seed round of $2.5 million to get started. This latest round will help expedite growth – particularly by adding a sales team.
The company is currently at 24 people, but should be at 30 by the end of the year. By the time the firm pursues a Series A, in about a year and a half, he expects the headcount to be at 50.
“We felt this is the time to put the pedal to the metal and push things forward,” Banet said.
The latest raise was led by Blumberg Capital with participation from Upwest, Prelude Ventures, K2 Access Fund, Inner Loop Capital, Triangle Tweener Fund, and Firestreak Ventures.