Mesosphere Scores $125M in Funding to Target IoT, Geo Expansion

Article published by: https://www.sdxcentral.com/
Author: Dan Meyer
Source URL: https://www.sdxcentral.com/articles/news/mesosphere-scores-125m-in-funding-to-target-iot-geo-expansion/2018/05/

Mesosphere closed on a whopping $125 million Series D funding round that more than doubled what it raised in its four previous rounds combined. The new funds pushed the company’s total funding to nearly a quarter-billion dollars since it was founded in 2013.

Mesosphere CEO Florian Leibert said the company plans to use the funds to target new markets around the world and new market opportunities like the Internet of Things (IoT). He noted that the IoT space is still ripe for new innovation around automated platforms to ease deployments.

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