Rafay Systems has doubled its total annual recurring revenue (ARR) since the company’s Series B funding in August 2021, as a result of the increasing demand for its Kubernetes Operations Platform (KOP).

According to the company, Rafay’s KOP is the only enterprise-grade SaaS solution that streamlines Kubernetes operations for companies deploying modern applications in public clouds, data centers or at the Edge. The platform accelerates application modernization initiatives by helping enterprises leverage the power of Kubernetes without the risk, complexity and cost of a DIY Kubernetes operations practice. New customers span financial services, healthcare, travel and hospitality, high technology and life sciences industries.

Since its Series B funding, the company has more than doubled its number of employees as well as Kubernetes clusters under management.

Rafay’s SaaS Kubernetes Operations Platform is designed to integrate seamlessly with managed Kubernetes services from cloud service providers such as Amazon (EKS), Microsoft (AKS) and Google (GKE) as well as Kubernetes distributions for on-premises and edge deployments.