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Platform9 Systems

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Open source-as-a-service company offering the power of the public cloud on infrastructure of customers’ choice—powered by Kubernetes and cloud-native technologies

Mountain View, United StatesFounded 2013Hosting
Valuation $100–500M Latest valuation · 2022
Revenue $10–50M Latest reported FY
Headcount 100–500 Current team size
Total funding $100–500M Disclosed equity funding
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About Platform9 Systems

Platform9 Systems provides a software-as-a-service (SaaS) managed platform for hybrid and multi-cloud environments, enabling enterprises to centrally manage virtual machines (VMs), containers, and serverless functions across any infrastructure. The company was founded in 2013 by Sirish Raghuram, Madhura Maskasky, Roopak Parikh, and Bich Le, a team of early engineers from VMware with extensive experience in virtualization and cloud technologies. Their collective background at VMware, working on products like vSphere and vCloud Director, directly informed Platform9's mission to simplify private cloud adoption, which they perceived as overly complex for most enterprises.

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The company's business model is centered on a subscription-based SaaS offering that turns a client's existing infrastructure—whether on-premises, in public clouds, or at the edge—into a flexible, self-service cloud. Platform9 generates revenue through annual recurring revenue (ARR) and by charging for its managed services, which includes automated upgrades, security patching, monitoring, and support with a guaranteed service-level agreement (SLA). This approach targets enterprises looking to modernize their IT infrastructure, implement DevOps practices, and reduce operational overhead without being locked into a single vendor's hardware or hypervisor stack. Key clients include large enterprises in the telecom, retail, media, and technology sectors such as Juniper Networks, Redfin, and Snapfish.

Platform9's core product is a unified management plane that simplifies the deployment and lifecycle management of open-source cloud frameworks, primarily Kubernetes and OpenStack. It provides a "single pane of glass" to manage distributed infrastructure, allowing IT teams to deploy containerized applications with Kubernetes, run traditional VMs, or migrate from legacy virtualization platforms like VMware. The platform is designed to work with a customer's existing servers and storage infrastructure from providers like EMC and NetApp. Its key features include automated day-2 operations, remote monitoring and troubleshooting, high availability, and a self-service portal for developers. This managed service model allows organizations to offload the complexity of operating cloud-native technologies, which is a significant benefit given the scarcity and high cost of specialized talent.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2013
Headquarters
Mountain View, United States
Employees
169
Open positions
3
Dealroom signal
82.6/100
Industry
Hosting, Enterprise Software
Sector
Hosting, Open Source, SaaS, Cloud Computing
Business model
SaaS
Client focus
b2b

Latest news

Press, funding announcements and product moves mentioning Platform9 Systems.

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Funding history

6 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
LATE VCOther financing Jun 2022 $26M $104M Cota Capital · Celesta Capital · NGP Capital
SERIES DOther financing Feb 2021 $13M $125M Redpoint · Canvas Ventures · NGP Capital · Menlo Ventures
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Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
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Growth signals

Platform9 Systems website traffic

Latest recorded traffic for Platform9 Systems is 73K monthly website visits, up 7.4% over the last three months. Platform9 Systems's team grew 13.4% over the past year.

Latest monthly visits73K 3-month web change+7.4% 1-year team growth+13.4%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

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Showing 8 of the closest matchesCompare every metric →

Investors

9 investors on the cap table

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

Series A2 investors entered at this stage

Series B and later7 investors entered at this stage

Team profiled 31 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 7 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
4 countries with
team presence
🇮🇳 India53.9%
🇺🇸 United States29.1%
🇬🇧 United Kingdom5.1%
🇩🇪 Germany0.8%
4 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Platform9 Systems 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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