The 10 Hottest Cloud Computing Startups Of 2021 (So Far)
The cloud computing startups, all of which recently landed venture capital funding, range from an MLOps company that emerged from stealth mode in April to an IoT cloud platform provider for hardware developers to a cloud cost management software company.
CEO: Varun Talwar
Founded in 2018, San Francisco’s Tetrate is an enterprise service mesh company looking to reimagine application networking under the leadership of CEO Varun Talwar, a co-creator of the open-source Istio and gRPC while previously employed at Google.
Tetrate’s flagship product, Tetrate Service Bridge, is a cloud-agnostic application connectivity platform built on top of the open-source Istio, Envoy proxy and Apache SkyWalking projects. The enterprise-ready service mesh platform is built for multi-cluster, multi-tenancy and multi-cloud deployments, providing customers consistent, baked-in observability, runtime security and traffic management in any environment.
In March, Tetrate announced a $40 million Series B funding round led by Palo Alto, Calif.-based Sapphire Ventures with participation from Scale Venture Partners and NTTVC as new investors, and existing investors Dell Technologies Capital, Intel Capital, 8VC and Samsung NEXT. The funding is being used to support a new SaaS offering, Tetrate Cloud, a fully managed, Istio-based service mesh platform, along with go-to-market activities in the Americas and the initiation of go-to-market teams in Europe and Asia.