TLDR:
- Loft Labs raised $24M in Series A funding led by Khosla Ventures.
- The company plans to use the funds to accelerate development and adoption of their platforms and tools for platform engineers and developers.
Loft Labs, a San Francisco-based creator of vCluster and DevPod, announced their successful Series A funding round of $24M. The round was led by Khosla Ventures, with participation from existing investors Fusion Fund, Surface Ventures, Emergent Ventures, and Berkeley SkyDeck Fund, as well as an angel investment from Kit Merker. This funding will be used to further develop and promote their open source cloud development solution, vCluster, along with their other tools for platform engineers and developers.
CEO Lukas Gentele emphasized the company’s focus on creating solutions for platform builders, with a vision for more next-generation building blocks for platform engineers. The company’s integrations with Rancher, HashiCorp Vault, and Argo CD have attracted new customers including CoreWeave, Outreach, Lintasarta, Aussie Broadband, and five Global Fortune 500 companies. Loft Labs aims to empower platform teams at enterprises globally to enhance engineering velocity and operational stability, enabling them to build and run digital platforms at scale.
Gentele expressed gratitude for the support from Khosla Ventures, noting their expertise in the space, as well as appreciation for the continued support from seed investors. With a strong focus on innovation and providing tools for platform engineers, Loft Labs is poised to continue making waves in the industry.
