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What does Fugue do?
Fugue, is a venture backed software startup which is developing an infrastructure level OS for the management of cloud based workloads. Cloud computing has liberated information technology from the operational and physical constraints of data centers management, but this brings new challenges as apps have become distributed and infrastructure has proliferated. This company simplifies operations by enforcing, building and optimizing cloud infrastructure automatically and continuously. This company can be used for operating cloud native workloads and for migrating and running traditional data center apps in the cloud. The company initially will be available for operating workloads on Amazon Web Services.
How much Fugue was funded?
The company raised $41M in Series D on January 5, 2017 from Sovereign Wealth Funds, Maryland Venture Fund, Future Fund and New Enterprise Associates
Previous funding
$1.1M on August 26, 2013 from Maryland Venture Fund
$2.7M in Series A on March 24, 2014 from JHC Ventures and Maryland Venture Fund
$10M in Series B on August 14, 2014 from New Enterprise Associates, Maryland Venture Fund and Core Capital Partners
$20M in Series C on January 13, 2016 from New Enterprise Associates and Core Capital Partners
What is next for Fugue?
The company’s latest funding comes at the time when it is prepping to launch new products for providing advanced automation capabilities in enterprise collaboration, continuous regulatory compliance enforcement and infrastructure control. The company plans on using the latest funding raised for fueling its go to market strategy and accelerating product development for meeting the requirements of enterprise consumers needing for reducing deployment friction, mitigating risk in the cloud and automating the cloud lifecycle.
More about Fugue
Fugue was founded in 2012 by Dominic Zippilli, Andrew Wright, Josh Stella and Matthew Brinkman. It has its headquarters in Frederick, Maryland. The company simplifies cloud infrastructure radically.
