Isovalent raises $40 million in Series B funding

Isovalent is an open source software developer building open source networking, service mesh, and security and observability software products for modern cloud-native infrastructure. Isovalent recently announced that it has closed a $40 million Series B financing led by Thomvest Ventures. M12 (Microsoft’s venture fund) and Grafana Labs also participated in the new financing this time, and together with Google and Cisco, which had previously invested, became Isovalent’s strategic investors. Other investors include Andereessen Horowitz, Mango Capital and Mirae Asset Capital.

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