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Dell, Intel Capital Invest Millions In Open Source Startup Tetrate

Dell, Intel Capital Invest Millions In Open Source Startup Tetrate “Both the product and background of the founding team lead us to believe that Tetrate is poised to bring Istio into the mainstream for enterprises by making it easy to manage and deploy on multi-cloud and hybrid cloud environments,” said Jai Das, president of Sapphire Ventures, which led the $40 million funding round. By Mark Haranas March 11, 2021, 10:33 AM EST Dell Technologies Capital and Intel Capital participated in a $40 million Series B investment round for open-source service mesh technology startup Tetrate, which plans to create a new Software as-a-Service offering with the funding.

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