Reflecting on an Incredible Week: Carbon Relay Receives $63M Investment from Insight Partners

Earlier this week we were delighted to issue an announcement with Insight Partners detailing the firm’s $63M investment in Carbon Relay. The funding represents the beginning of a new and accelerated phase of Carbon Relay’s growth. It allows us to intensify development of our machine learning and data science platform, while building out our ability to get the product to more partners and customers.

We created Carbon Relay five years ago because our team is passionate about applying artificial intelligence and deep reinforcement learning to solve some of the toughest problems in IT. Building the company, we leveraged devops processes and depended heavily on cloud-native technologies, including the Kubernetes container orchestration engine. As we deepened our own use of Kubernetes, we quickly learned that it’s not just tough to manage—optimizing applications running on Kubernetes threatened to consume the time of some of our best technologists.

Turns out most organizations using it have the same challenge, as do Kubernetes service providers and even cloud providers. In direct response, Carbon Relay created our Red Sky Ops platform last year to take on the challenge of not simply managing, but optimizing the performance of applications running in Kubernetes environments. The result for customers and partners is more application uptime, less costly resource allocation and—maybe most important—less devops and netops time spent responding to alerts.

Demand for Red Sky Ops pushed Carbon Relay to the next level as a company. We’re thankful for the overwhelming response it has received from the cloud-native community and look forward to applying the investment from Insight Partners to pushing development of the platform. To support development, as well as sales, marketing and operations, we’re intensifying our focus on hiring in Boston and Washington, DC.

This has been a landmark week for the Carbon Relay team and for the business we’re growing together. I’d like to thank each of our team members, partners and customers for your support. We must also recognize our early investors, who put their faith in us based on our vision and early technology. We're grateful for your invaluable guidance and support.