Nirmata, the provider of software solutions for governance, compliance, security and automation of production Kubernetes clusters and workloads, has raised $ 4.0 million in Series A funding led by Z5 Capital, Uncorrelated Ventures, Samsung Next, Benhamou Global Ventures (BGV) and angel investors Saqib Syed and BV Jagadeesh.
This funding builds on a banner year for Nirmata and comes as Kyverno achieved substantial growth marked by increasing adoption of open source. Nirmata’s Kyverno is the policy engine designed for Kubernetes.
Since early 2021, Kyverno adoption has exploded to more than six million downloads, with a growing number of users including Novartis, The New York Times, Duke Energy, TriNet, Grofers, and others. It is also used by open source projects like Flux, KubeArmor, and others.
“Kubernetes provides a lot of flexibility in how workloads are deployed. However, developers may not know 80% of what needs to be configured, and shouldn’t be. Kyverno gives users the ability to focus on what matters, their workloads and applications, helping Kubernetes policy adoption rather than requiring users to learn and adopt new ones, “said Jim Bugwadia, CEO of Nirmata.
“We are at the forefront of this innovation and are delighted to work with our partners Z5 Capital, Benhamou Global Ventures, Uncorrelated Ventures, Samsung Next and BV Jagadeesh, Saqib Syed to accelerate the execution of our vision,” he added.
In May 2021, Nirmata Policy Manager for Kyverno (PMK) was launched to streamline the adoption of Kyverno across multiple clusters, as well as facilitate policy-as-code best practices by enabling the deployment of Kyverno policies across fleets of clusters using streams of GitOps job. With this new investment, the company will scale its products and operations to support the Kyverno community and establish an engineering team in India, as well as increase its sales and marketing to accelerate its adoption.
According to the Ponemon Institute’s 2019 report, the average cost per lost record globally is $ 150. Multiplied by the number of exposed records, misconfigurations cost businesses around the world nearly $ 5 trillion in 2018 alone and 2019. As companies accelerate their adoption of cloud technologies, Nirmata’s Kyverno provides the essential method with native tools and language to secure containers for companies deploying resources in cloud environments.
