Pulumi raises $37.5M Series B for its cloud engineering platform

Seattle-based Pulumi, one of the newer startups in the ”infrastructure-as-code” space, today announced that it has raised a $ 37.5 million Series B funding round led by NEA. Previous investors Madrona Venture Group and Tola Capital also participated in this round, which brings the total investment in the company to $ 57.5 million.

The new investment follows the launch of Pulumi 2.0, which got the company closer to its vision of becoming what the team calls a ‘cloud engineering platform’ and impressive growth over the last, with a 10x growth in adoption in the last twelve months.

“We started with infrastructure as code, because we felt like that was a foundational piece that gave us the programming model, along with the cloud resource model,” Pulumi co-founder and CEO Joe Duffy told me. “That was an important place to start. With [Pulumi] 2.0,  we launched support for testing, for policy as code — so that you could actually apply governance and compliance as part of your infrastructure management — and really helping more of the team work together.”

Indeed, after starting with a focus on infrastructure teams, Pulumi is now looking to expand across teams.

“The infrastructure team is becoming the nucleus that pulls the whole team together. We’re actually calling this cloud engineering,” Duffy explained. “What we’re calling cloud engineering is developers using the cloud in a first-class way, infrastructure teams helping them do that and increasingly pulling in security engineers to make sure that governance is part of the story as well. The 2.0 release was our first time exploring those adjacencies and trying to paint a path to realizing the full Pulumi vision.”

Infrastructure as code isn’t necessarily new, of course. The promise of Pulumi is that it isn’t hobbled by any legacy products but that the team designed it as a cloud-native product from the ground up. That’s something NEA’s Aaron Jacobson, who will join the company’s board, also stressed.

“If you think about how fast the cloud has evolved just in 10 years, Pulumi is built in a place of multi-cloud, of Kubernetes, of serverless, Jacobson said. “And much of the original infrastructure-as-code constructs didn’t even have those in mind. Since Pulumi is newer to market and has come after all those constructs, it just has better integration, it’s just is a more delightful experience to developers.”

NEA’s Scott Sandell is actually taking this a bit further. “Venture capitalists are in the business of pattern recognition,” he said. “And the pattern that I recognized actually goes all the way back to when I was a product manager in the windows group. And I saw that developers don’t want to have to deal with complexity — they want to have the complexity managed for them.” That, he argues, is what Pulumi does for developers — and it surely helped the both Duffy and his co-founder and Pulumi executive chairman Eric Rudder left successful careers at Microsoft to build this company.

In addition to the new funding, Pulumi also today announced that it brought in a number of new executives, including 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.

Startups – TechCrunch

Silicon Valley mainstay NEA leads $37.5M investment in Seattle cloud startup Pulumi – GeekWire

Silicon Valley mainstay NEA leads $ 37.5M investment in Seattle cloud startup Pulumi  GeekWire
“startups when:1d” – Google News

Panoply raises $10M for its cloud data platform

Panoply, a platform that makes it easier for businesses to set up a data warehouse and analyze that data with standard SQL queries, today announced that it has raised an additional $ 10 million in funding from Ibex Investors and C5 Capital. This brings the total funding in the San Francisco and Tel Aviv-based company to $ 24 million.

The company, which launched back in 2015, has mostly stuck to its original vision, which was always about democratizing access to data warehousing and the analytics capabilities that go hand-in-hand with that. Over the last few years, it also built more code-free data integrations into the platform that make it easier for businesses to pull in data from a wide variety of sources, including the likes of Salesforce, HubSpot, NetSuite, Xero, QuickBooks, Freshworks and others. It also integrates with other data warehousing services like Google’s BigQuery and Amazon’s Redshift, and all of the major BI and analytics tools.

The company says it will use the new funding to expand its sales and marketing efforts.

“We aspire to make analysts’ lives simpler and more productive by making it easier for them to sync, store, and access their data, and this funding will go a long way toward that mission,” says CEO and co-founder Yaniv Leven in today’s announcement.

In some ways, Panoply was maybe just a bit early to the market. Today, though, there can be little doubt that we’re in a booming market for data warehousing and analytics services. There’s nary a business left, after all, that isn’t looking to gain more insights from the copious amounts of data they gather every single day now. That market is now more competitive than ever, too, with incumbents like Snowflake, Databricks and others (including all of the hyper clouds) all aiming for their slice of the market. Panoply and its investors clearly believe that the company’s all-in-one platform gives it a competitive edge, though.

Startups – TechCrunch

Pro Tip: AWS is not the only option for cloud services

I saw a post asking how to reduce AWS data transfer costs and I thought it might be good to share a service which is far cheaper than AWS and provide far better services.

Hetzner https://www.hetzner.com/

Disclaimer: I am in no way affiliated with Hetzner and the above link is NOT an affiliate link. I am just a paying customer who is very satisfied with the services.

There are different plans available in both dedicated section and shared section but I would like to compare the plan I am using for the last two years, with an equally priced plan from AWS, and the cheapest plan from AWS which offers 64GB RAM.

Feature Hetzner (EX52-NVME) Dedicated Server AWS (c5n.large) Shared Server AWS (r5a.2xlarge) Shared Server
Monthly Price 62.64 € $ 77.76 $ 325.44
One-time setup fee 62.64 € $ 0.00 $ 0.00
CPU Intel® Core™ i7-8700 Hexa-Core Intel Xeon (Probably, CPU Type is not advertised by Amazon) Intel Xeon (Probably, CPU Type is not advertised by Amazon)
Number of CPU Cores 6 2 8
RAM 64 GB DDR4 5.25 GB 64 GB
Instance Storage 2 x 1TB SSD in RAID 1 (1 TB usable with RAID, 2 TB usable with RAID removed) 0 0
Connection 1 Gbps Upto 25 Gbps Upto 10 Gbps
Additional Storage Charges per month Limited but cheap options: 2 TB HDD for €10, 4 TB HDD for €13, 1TB NVMe SSD for €12, 3.84 TB NVME SSD for €47 Flexible options: $ 0.10 per GB: 100 GB for $ 10 Flexible options: $ 0.10 per GB: 1TB for $ 102.4
Data Transfer Charges (In) 0 0 0
Data Transfer Charges (Out) 0 (Unlimited Free Traffic) ($ 0.00-$ 0.09) per GB: 100 GB for $ 8.91 ($ 0.00-$ 0.09) per GB: 1024 GB for $ 92.07

I feel the need to share the cons of the service too:

  1. There is no hourly billing. You pay for an entire month. There is no free trial.
  2. The dashboard and interface to control the instances are not modern. Shutting down and restarting a running instance is not as easy as in AWS dashboard.
  3. Creating instances takes time, but normally the process completes in a couple of hours.
  4. You need to send a request from the dashboard to discontinue a server. This process also completes in a couple of hours.
  5. There is an increased number of attacks on the server if your firewall is not properly configured. Firewall rules must be strict and one should expect attacks within hours if rules are too permissive. Never ever open port 22 for everyone.
  6. When you create an instance, you get the root password to login to the instance. You might want to do some configuration changes to disable password and use private/public keys for login, as it is in AWS.

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Startups – Rapid Growth and Innovation is in Our Very Nature!

Amidst COVID-19, this farm-to-table startup is helping farmers earn more with cloud farming – YourStory.com

Amidst COVID-19, this farm-to-table startup is helping farmers earn more with cloud farming  YourStory.com
“startups when:1d” – Google News

Sonrai Security Raises $20M to Uncover and Map Cloud Platform Security Risks

Brendan Hannigan and Sandy Bird are repeat entrepreneurs. They founded Q1 Labs, a company they started, scaled, and sold to IBM for ~$ 600M. The duo is now building Sonrai Security, an enterprise identity and data governance platform for AWS, Azure, Google Cloud, and Kubernetes. Hannigan joined AlleyWatch to share more about the company, the process of fundraising, and the company’s recent funding round from investors that include Menlo Ventures, Polaris Partners, and Ten Eleven Ventures.
AlleyWatch

Microsoft, 360-Nautica team up to empower Qatari startups with the intelligent cloud – Middle East & Africa News Center – Microsoft

Microsoft, 360-Nautica team up to empower Qatari startups with the intelligent cloud – Middle East & Africa News Center  Microsoft
“startups when:1d” – Google News