Kubeark Ushers in New Era of SaaS products with $2.8M Funding

By Greg Tavarez, TMCnet Editor  |  February 11, 2023

The past few years saw CIOs, CFOs and CTOs scramble to implement flexible cloud strategies as a result of remote/hybrid workforces being dominant due to the pandemic. This compelled businesses to look at tools that allowed them to more efficiently take control of their mission-critical workloads and data management.

The thing is, software vendors often struggle to implement their hybrid cloud infrastructures and the transformation of on-premises products to the cloud. Because of this, money may be left on the table.

Kubeark, an open, infrastructure-agnostic platform built to scale any software product (which integrates deployment and management into business processes), made it its mission to support enterprises on fixing their scalability, delivery and lifecycle management challenges. To help Kubeark accomplish that, the platform raised $2.8 million in a pre-seed funding round.

The investment helps Kubeark accelerate platform development and build a strong network of global partners to advance and scale the adoption of its technology.

With Kubeark, software vendors remove the complexity of their application development lifecycle by effortlessly deploying, managing and scaling applications on any type of infrastructure (from private or public cloud to on-premises) for open and closed systems.

Kubeark allows vendors to SaaSify by their rules and gain up to 360-times faster time-to-value, decreasing deployment time from around two hours to three seconds.

“Our platform ushers in a new era in which software products are delivered as true SaaS (News - Alert) products, helping vendors speed time-to-value, hyper-scale their distribution, and SaaSify any piece of software instantly,” said Bogdan Nedelcov, Kubeark CEO and co-founder.

Ondrej Bartos, co-founder and general partner at Credo Ventures, believes that Kubeark is addressing the need to make applications more scalable and easier to deploy by abstracting the complexity and allowing the user to define business rules that power the deployment process.

Credo Ventures led the investment round with participation from Seedcamp, LAUNCHub Ventures, 500 Emerging Europe and others.

Edited by Alex Passett
Get stories like this delivered straight to your inbox. [Free eNews Subscription]