Kubecost, an open source solution for monitoring, managing, and optimizing Kubernetes spend at scale, has raised $25 million in Series A funding led by Coatue Management, with additional participation from existing investors First Round Capital and Afore Capital. In addition to the funding, lead investor David Cahn, Partner at Coatue, will join the Kubecost board of directors.
Kubecost was founded by two former Google employees, Webb Brown and Ajay Tripathy, who spent four years each working on infrastructure monitoring solutions for Google infrastructure and Google Cloud.
According to the company, Kubecost has achieved rapid enterprise adoption, with the solution now managing more than $2 billion in Kubernetes spend and providing cost transparency and optimization to thousands of organizations.
“We’ve already built a vibrant, active open source community around Kubecost and we ourselves are actively involved in the broader Kubernetes community, with more exciting contributions to come,” said Webb Brown, co-founder and CEO of Kubecost.
Cahn’s previous investments include prominent names in infrastructure and DevOps who went on to go public (UiPath, Confluent, Snowflake, and Gitlab), as well as fellow cloud-native leaders Starburst, Snyk, and Databricks.