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Data Center News > Blog > Investments > Depot Raises $4.1M in Seed Funding
Investments

Depot Raises $4.1M in Seed Funding

Last updated: August 24, 2024 1:44 pm
Published August 24, 2024
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Depot, a Portland, OR-based supplier of a construct acceleration platform, raised $4.1M in Seed funding.

The spherical was led by Felicis, with participation from Y Combinator, Aviso Ventures, Tokyo Black, and angels.

The corporate intends to make use of the funds to help its growth of its providing into different construct inputs that the Depot platform can additional speed up.

Led by CEO Kyle Galbraith, Depot helps organizations make their software program improvement cycles sooner supporting native CPUs, on the spot cache sharing, and performance-tuned construct runners. Engineers use it to speed up their container picture and steady integration builds to save lots of days of construct time per week. The corporate has seen progress since over the previous 12 months rising to over 1,000,000 builds monthly serving to over 3,000 customers throughout 1,800+ organizations.

Quick-growing firms like PostHog, Wistia, and Semgrep already use it.

FinSMEs

23/08/2024

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See also  Georgia Senate Votes To Suspend Key Data Center Tax Breaks
TAGGED: 4.1M, Depot, Funding, Raises, Seed
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