US-based app management platform developer Tetrate has emerged from stealth with $12.5m secured in a round led by Dell Technologies Capital, the corporate venturing vehicle for computing technology manufacturer Dell.
Samsung Next and Intel Capital, respective subsidiaries of consumer electronics manufacturer Samsung and semiconductor technology provider Intel, also invested, as did Rain Capital, 8VC and private investors Pankaj Patel, Guido Appenzeller, BV Jagadeesh and Shiva Rajaraman.
Tetrate is working on an enterprise-grade service mesh platform that helps developers, security and network administrators to manage microservices, a group of deployable components that act as the building blocks for larger mobile apps.
The company’s technology supports open-source projects Istio and Envoy, which are used to create a ‘service mesh’ that manages how microservices communicate with one another.
Varun Talwar, CEO of Tetrate, said: “Fortune 500 enterprises need a microservices-friendly networking layer to power their digital transformation, including application modernisation and public/hybrid cloud adoption.
“Tetrate’s mission is to create a secure and flexible application networking layer to help enterprises transition from their decades-old rigid networking stack.”