Rancher Labs, a start-up based in Cupertino, California, secured $20 million in Series B funding for its open source container management software.
Rancher provides the ability to rapidly spin up and manage Kubernetes and Docker Swarm environments, while maintaining a single management experience. It implements a cloud-agnostic infrastructure services layer that works across any public or private cloud, or traditional data center.
The funding round was led by new investor GRC SinoGreen, with participation from existing investors, Mayfield and Nexus Venture Partners.
Rancher Ships its Container Management Platform
Rancher Labs, a start-up based in Cupertino, California, released its open-source container management software.
The Rancher software is designed to simplify the deployment and management of containers in production enterprise applications. The software lets users select from multiple container orchestration frameworks such as Kubernetes and Docker Swarm, while maintaining a single management experience. Rancher implements a cloud-agnostic infrastructure services layer that works across any public or private cloud, or traditional data center. The platform works across cloud and data center boundaries, and its load balancing and persistent storage services function uniformly on any computing resources.
Rancher said its solution allows organizations to gain visibility, manage policies and exert control of containers and infrastructure spread across different teams within an organization. It also enables IT to improve deployment reliability, orchestrate software upgrades, and improve the utilization of infrastructure resources.
“Since announcing our beta product less than a year ago, Rancher Labs has experienced incredible demand, as well as received encouraging and helpful feedback and community support for this open platform which has enabled us to make meaningful enhancements to Rancher,” said Sheng Liang, CEO, Rancher Labs. “Now, with well over a million downloads, Rancher has quickly become the platform of choice for teams serious about running containers in production.”
