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Kindrik Partners advises Portainer.io on US$6m series A round

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We’re pleased to have advised container management startup Portainer.io on its recently completed series A funding round. The round was led by Bessemer Venture Partners, with Movac, Sonae Investment Management, K1W1 and AmpliPHI Ventures also participating.

Portainer.io was founded in 2017 by Neil Cresswell and Anthony Lapenna as an open-source product to simplify the deployment and management of container-based environments.

Portainer.io’s open-source offering currently has over 500,000 regular monthly users. It has also recently launched an enterprise offering, Portainer Business, targeted at the CTO and CISO community that offers enhanced control and security for corporate environments.

The team most recently raised a US$1.2M seed round in August 2020. The series A round will be used to fund Portainer.io’s worldwide user expansion and product development, as well as to continue to scale and develop Portainer Business.

Partner Julie Fowler says of the deal, “We’re thrilled to have helped Portainer.io with their seed round and now with their Series A – they are an ambitious team that is growing fast and we look forward to seeing how they get on with such great backing”.

Read our other recent deal announcements here.

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