Solo.io
Financials
Estimates*
USD | 2021 | 2022 |
---|---|---|
Revenues | 9.3m | 31.5m |
% growth | - | 241 % |
Date | Investors | Amount | Round |
---|---|---|---|
N/A | $2.5m | Early VC | |
N/A | Series A | ||
* | $11.0m | Series A | |
N/A | $23.0m | Series B | |
$135m Valuation: $1.0b | Series C | ||
Total Funding | €156m |
Related Content
Recent News about Solo.io
EditSolo.io is a tech startup specializing in cloud-native API management and service mesh solutions. The company focuses on providing tools that help businesses manage, secure, and optimize their application networking in cloud environments. Solo.io's primary offerings include Gloo Gateway, Gloo Mesh, and the Spotlight Developer Platform.
Gloo Gateway is a lightweight, highly scalable, and secure Kubernetes-native gateway designed for powerful API management. It helps businesses manage their APIs (Application Programming Interfaces), which are essential for enabling different software applications to communicate with each other. Gloo Mesh, on the other hand, is a service mesh platform that provides lifecycle management, telemetry (data collection), and insights for microservices. It leverages technologies like Istio and Cilium to enhance networking, observability, and security for container workloads.
The Spotlight Developer Platform is another key product, offering a secure internal developer platform with curated plugins, multi-cluster support, and a robust insights engine. This platform aims to streamline the development process and improve productivity for developers working in cloud-native environments.
Solo.io serves a variety of clients, including large enterprises, technology companies, and cloud service providers. The company operates in the cloud-native application networking market, which is rapidly growing as more businesses transition to cloud-based infrastructures.
The business model of Solo.io revolves around offering both open-source and enterprise-grade solutions. They make money through subscription-based services, consulting, and partnerships with technology and cloud providers. Additionally, they collaborate with consulting and reseller partners who have expertise in open-source and Kubernetes practices to drive innovation and deliver exceptional value to their clients.
In summary, Solo.io is dedicated to accelerating digital transformation by providing cutting-edge tools for API management and service mesh solutions, thereby unlocking the full potential of the cloud.
Keywords: API Management, Service Mesh, Kubernetes, Cloud-Native, Gloo Gateway, Gloo Mesh, Istio, Cilium, Developer Platform, Digital Transformation.