Okteto

Okteto

Okteto - Application Development Platform for Kubernetes. Learn more

Launch date
Employees
Market cap
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Enterprise valuation
€55—82m (Dealroom.co estimates Feb 2022.)
San Francisco California (HQ)
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DateInvestorsAmountRound
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N/A

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$150k

Valuation: $2.0m

Seed
N/A

$2.9m

Seed
*

$15.0m

Series A
Total Funding€16.4m

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Okteto operates in the cloud-native development market, providing a platform that automates development environments to enhance developer productivity. The company serves software development teams and enterprises looking to streamline their development processes. Okteto's business model revolves around offering a subscription-based service, where clients pay for access to their platform's features and capabilities. The platform integrates with Kubernetes clusters, allowing developers to focus on coding rather than managing infrastructure. By automating the setup and management of development environments, Okteto helps teams reduce time-to-market and improve overall efficiency. The company generates revenue through tiered subscription plans, catering to different sizes and needs of development teams. Okteto's key features include automated environment setup, seamless integration with existing cloud resources, and metrics to track development performance. The market for cloud-native development tools is growing rapidly, driven by the increasing adoption of microservices and containerization technologies. Okteto positions itself as a critical enabler in this space, helping organizations accelerate their development cycles and innovate faster.

Keywords: cloud-native, development environments, Kubernetes, automation, productivity, subscription-based, microservices, containerization, developer tools, innovation.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.