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CoreOS

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Develops open source tools that are the fundamental building blocks of modern distributed systems

Grasbrunn, GermanyFounded 2013Hosting
Valuation $250–500M Last recorded · 2018
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for CoreOS and the history behind them.

About CoreOS

CoreOS, founded in 2013 by Alex Polvi, Brandon Philips, and Michael Marineau, emerged from the Y Combinator accelerator program with a mission to enhance the security and reliability of internet infrastructure. The founders, friends since their college days at Oregon State University where they started the Linux users group, conceived the company based on the principle of automated operations to address the challenges of keeping systems updated. Polvi's background trended towards product management, while Philips focused on Linux kernel development, creating a complementary leadership dynamic.

The company developed a portfolio of open-source tools designed for modern distributed systems. Its flagship product was Container Linux, a lightweight, open-source operating system based on the Linux kernel, specifically engineered for clustered deployments and running containerized workloads. This OS provided minimal functionality to reduce the security attack surface and featured an automatic update mechanism for enhanced reliability. CoreOS also pioneered other key projects including `etcd`, a distributed key-value store essential for configuration sharing in clustered systems, and `rkt` (initially Rocket), a container runtime developed as an alternative to Docker.

To commercialize its open-source technologies, CoreOS introduced Tectonic, an enterprise-grade platform that packaged the open-source Kubernetes container orchestration system with its Container Linux. Tectonic provided businesses with automated operations and portability across both private and public cloud environments, including AWS, Microsoft Azure, and OpenStack. The business model involved selling enterprise-ready solutions and support for its open-source projects, targeting clients ranging from startups to large enterprises like BMW and Ticketmaster who required scalable and resilient infrastructure. Revenue was generated through subscriptions to Tectonic, which was offered for free for up to 10 nodes, and its Quay container registry.

After raising $50 million from investors including Google Ventures and Andreessen Horowitz, CoreOS established itself as a significant player in the cloud-native ecosystem. In January 2018, Red Hat acquired CoreOS for $250 million. Following the acquisition, CoreOS's technology was integrated into Red Hat's portfolio, with Container Linux evolving into Fedora CoreOS and Red Hat Enterprise Linux CoreOS. The CoreOS Container Linux project reached its end of life on May 26, 2020, succeeded by Fedora CoreOS.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2013
Headquarters
Grasbrunn, Germany
Employees
13
Open positions
None listed
Dealroom signal
35.8/100
Industry
Hosting, Enterprise Software
Sector
App, Open Source, SaaS, Security, Hosting, Monitoring, Community, Appliances, Video, Platform, YC S13
Business model
SaaS
Investment activity
2 companies, latest Oct 2016
Capital deployed
—
Preferred round
ACQUISITION

Funding history

6 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITIONOther financing Jan 2018 $250M $250M Red Hat ↗
SERIES BOther financing May 2016 $30M $120M Accel · Intel Capital · Andreessen Horowitz · Sequoia —
Showing the latest 2 of 6 recorded eventsBook a demo for the full funding history →

Growth signals

CoreOS website traffic

Latest recorded traffic for CoreOS is 190 monthly website visits, down 48.6% over the last three months. CoreOS's team declined 23.5% over the past year.

Latest monthly visits190 3-month web change-48.6% 1-year team growth-23.5%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investors

10 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed4 investors entered at this stage

Series A5 investors entered at this stage

Other known investors1 additional known investor

  • Red Hat
Team profiled 20 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇩🇪 Germany · Grasbrunn HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about CoreOS on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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