Originally published at: https://indeni.com/weve-just-raised-another-14m-heres-why/
Today I’m excited to share that we have just closed another round of financing. The new investment, a total of $14M since our last funding announcement, was led by RTP Ventures and included State of Mind Ventures, Caremi Partners and existing investor Sequoia Capital.
Startups raised massive amounts of money on a regular basis. I know that it often times feels like Silicon Valley is flooded with money that is used to prop up real estate prices, buy pool tables and hire office masseuses. That may sometimes be the case, but normally is not. These funding rounds are there to enable startups to achieve things that seem crazy at first.
Our dream is to make running network and security systems easier. After all, we all rely on them. When we use our credit card at the store, book a hotel or share an exciting moment, our desire turns into 0’s and 1’s and gets transported across these systems. Behind the scenes, hundreds of thousands of people around the world are trusted to keep these systems running smoothly. These people are now looking to new automation technologies, such as the Python programming language, to help them do their jobs.
The future is in automation. It’s 100% clear to everyone. In IT, the adoption of cloud technologies, public and private, is driving an increased adoption of automation. All of a sudden, everything is in software. Everything is possible. True automation is within reach.
However, it’s easier said than done. We’ve recently witnessed the successes and failures of automation technologies, and there’s a way to go still. But we all know that our future will be automated. The goal is not to replace people, but to make them more powerful. One person can do a lot more if they have automation they can leverage.
So, we’ve raised these millions in order to invest into our automation technology and the team to serve our customers. Just recently we announced new capabilities in our software, and have opened a number of positions in engineering, product, marketing and sales. Over the coming twelve months you are going to see some amazing new capabilities come out of Indeni, one of them is just around the corner. Things that would seem unattainable at first are going to become a reality. And it’s all possible thanks to those who believe in us:
- Our customers, who trust their most sensitive operations to our software.
- Our community members, who work together tirelessly to make the automation vision a reality.
- Our partners, both technology partners and channel partners, who help us navigate the market.
- Our employees and investors, the new ones who just joined, and those that have relentlessly backed us through the years.