E-commerce firm Rakuten has led a $38m series C round for Robin.io, the US-based developer of an application management software platform, through corporate venturing subsidiary Rakuten Capital.
Clear Ventures, Emory University and Raine Next-Gen Communications also took part in the round, which increased the total raised by the company to $86m, it said.
Robin.io provides a fully automated, hyper-converged cloud-native platform for application and data management that enables enterprises and 5G service providers to deliver complex application pipelines.
Built on Kubernetes, the industry-standard container-orchestration system, Robin.io allows developers and platform engineers to deploy and manage a range of applications across areas such as big data, NoSQL databases, 5G radio access networking and mobile edge computing.
The company will use the capital for market expansion, further investment in product development and scaling up its sales, engineering and tech support teams.
Financial services provider USAA and DN Capital co-led a $15m round for Robin.io in 2015 that included Hasso Plattner Ventures and unnamed existing backers. All three named investors returned in 2018 for a $17m series B round alongside Clear Ventures.
Rakuten Capital managing partner Oskar Mielczarek de la Miel said: “Robin.io has proven to be an outstanding technology partner to Rakuten Mobile, which established the world’s first cloud-native 5G network running on the Robin Cloud Native Platform.
“We are excited to extend our partnership with Robin.io on its clear path of expansion, and to work together to bring cloud-native 5G to mobile operators around the world that are venturing into the next generation of mobile infrastructure.”