Namespace raises $42M Series B to speed up developer infrastructure

What's the deal? NamespaceDealroom has a profile for this one. Try Dealroom →, a developer infrastructure company and specialized cloud provider, has raised a $42 million Series B led by Scale Venture PartnersDealroom has a profile for this one. Try Dealroom →, chief executive officer Hugo Santos told Axios Pro.

What's the endgame? The startup provides cloud infrastructure built to support developers, aiming to keep pace with faster, more widespread coding.

Why now? As coding becomes faster and more pervasive, the infrastructure underpinning it needs to match that speed, Namespace argues.

The signal: The round reflects continued investor appetite for tools that help developers ship software faster, a bet on code becoming ever more central to business.

Read more: Axios

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