# Rancher Labs

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/rancher-labs

- Industry: Software
- Headquarters: Cupertino, US
- Website: www.rancher.com
- Total disclosed funding: $95M
- Latest round: Series D (Mar 16, 2020)
- Investors on record: 5

## About

Rancher Labs, Inc., based in Cupertino, US, specializes in integrated enterprise Kubernetes management, simplifying the management and deployment of containerized applications across diverse environments.Founded in 2014, Rancher Labs, Inc. provides solutions for managing Kubernetes across multiple clusters. In July 2020, they were acquired by SUSE Software Solutions Germany GmbH, expanding their technological offerings and market reach. The company has executed 5 deals, with their latest funding round being Series D, which raised USD 40.00 mn led by Titanium Ventures, bringing the total amount raised to USD 40.00 mn and a current company valuation of USD 314.03 mn. Bella Soprano is the CEO of Rancher Labs.Rancher offers an integrated enterprise Kubernetes management platform that streamlines the adoption of containerized applications, with products such as Rancher Prime which manages cloud-native infrastructure. Their client base exceeds 650 enterprises globally, addressing needs from application development to security enhancements.Rancher operates on a subscription-based revenue model, primarily targeting enterprise clients through annual agreements that include access to tools and support services. Their flagship product, Rancher Prime, is central to these transactions, which include varying service tiers to meet customer demands.Following their acquisition by SUSE in December 2020, Rancher aims to enhance product offerings and leverage SUSE's global support network. The recent funding from July 2020 is expected to support the development of new products and expand their presence in markets including Europe and Asia-Pacific as they aim to introduce additional features and services to meet evolving customer needs.

## Funding rounds

- Series D, Mar 16, 2020, $40M — Mayfield Fund, Nexus Venture Partners, GRC, Titanium Ventures, FG Venture
- Series C, Jul 1, 2018, $25M — FG Venture
- Series B, Mar 16, 2016, $20M — Mayfield Fund, Nexus Venture Partners, GRC
- Series A, Jun 8, 2015, $10M — Mayfield Fund, Nexus Venture Partners

## Investors

- Mayfield Fund (https://capitalatlas.ai/funds/mayfield-fund) — Series A, Series B, Series D
- Nexus Venture Partners (https://capitalatlas.ai/funds/nexus-venture-partners) — Series A, Series B, Series D
- GRC (https://capitalatlas.ai/funds/grc) — Series B, Series D
- FG Venture (https://capitalatlas.ai/funds/fg-venture) — Series C, Series D
- Titanium Ventures (https://capitalatlas.ai/funds/titanium-ventures) — Series D