Volterra announces $50M investment to manage apps in hybrid environment

INSUBCONTINENT EXCLUSIVE:
Volterra is an early-stage startup that has been quietly working on a comprehensive solution to help companies manage applications in hybrid
environments
The company emerged from stealth today with a $50 million investment and a set of products. Investors include Khosla Ventures and Mayfield,
along with strategic investors M12 (Microsoft venture arm), Itochu Technology Ventures and Samsung NEXT
The company, which was founded in 2017, already has 100 employees and more than 30 customers. What attracted these investors and customers
is a full-stack solution that includes both hardware and software to manage applications in the cloud or on-prem
Volterra founder and CEO Ankur Singla says when he was at his previous company, Contrail Systems, which was acquired by Juniper Networks in
2012 for $176 million, he saw first-hand how large companies were struggling with the transition to hybrid. &The big problem we saw was in
building and operating applications that scale is a really hard problem
They were adopting multiple hybrid cloud strategies, and none of them solved the problem of unifying the application and the infrastructure
layer, so that the application developers and DevOps teams don&t have to worry about that,& Singla explained. He says the Volterra solution
includes three main products — VoltStack​, VoltMesh and VoltConsole — to help solve this scaling and management problem
As Volterra describes the total solution, &Volterra has innovated a consistent, cloud-native environment that can be deployed across
multiple public clouds and edge sites — a distributed cloud platform
Within this SaaS-based offering, Volterra integrates a broad range of services that have normally been siloed across many point products and
network or cloud providers.& This includes not only the single management plane, but security, management and operations
components. Diagram: Volterra The money has come over a couple of rounds, helping to build the solution to this point, and it required a
complex combination of hardware and software to do it
They are hoping organizations that have been looking for a cloud-native approach to large-scale applications, such as industrial automation,
will adopt this approach.