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In a significant financial milestone, DuploCloud, based in San Jose, successfully raised $32 million in a Series B funding round led by WestBridge Capital and StepStone Group.
This funding, which included continued support from existing investor Mayfield, propels DuploCloud's total funding to an impressive $49.5 million.
DuploCloud is on a mission to democratize DevOps and infrastructure-as-code, targeting startups, SMBs, and platform engineering teams. The freshly acquired capital will fuel team expansion and expedite product development for the innovative San Jose startup.
Highlighting their remarkable growth, DuploCloud reports a staggering 700% increase in annual recurring revenue since their seed round in 2021.
With a diverse clientele spanning industries such as finance, health care, retail, and the public sector, DuploCloud is set to make waves in the tech landscape.
