Mesosphere amasses $125m in series D round

The hybrid cloud automation software provider took its total funding to more than $250m with a Koch Disruptive Technologies-led round featuring Qatar Investment Authority.

Koch Disruptive Technologies, a corporate venturing subsidiary of manufacturing and chemicals conglomerate Koch Industries, co-led a $125m series D round for US-based digital conversion technology provider Mesosphere this week.

The round, which was co-led by funds and accounts advised by T. Rowe Price Associates, also featured enterprise technology producer and existing backer Hewlett Packard Enterprise (HPE).

Khosla Ventures, SV Angel, ZWC Ventures, Qatar Investment Authority, Disruptive Technology Advisers, Andreessen Horowitz, Two Sigma Ventures, Fuel Capital and Triangle Peak Partners filled out the investors.

Founded in 2013, Mesosphere produces software for data centre operating systems that enables enterprise users to automate their hybrid cloud network infrastructures, meaning clients can access applications such as Kubernetes containers or internet-of-things (IoT) quickly and easily.

Florian Leibert, Mesosphere’s co-founder and CEO, said: “This investment will help us to arm the enterprise with leading edge technology, like containers, machine learning and IoT applications, allowing them to reclaim their competitive edge and reinvent the customer experience.”

The series D took the company’s overall funding to $251m and followed a $73.5m series C round in 2016 led by HPE and backed by software provider Microsoft, Triangle Peak Partners and existing investors Andreessen Horowitz, Khosla Ventures, A Capital and Fuel Capital.

Kleiner Perkins Caufield & Byers, Foundation Capital and Data Collective are also among Mesosphere’s earlier investors.

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