# Tutum

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/tutum

- Industry: Software
- Headquarters: New York, US
- Website: www.tutum.co
- Total disclosed funding: $2.7M
- Latest round: Seed (Aug 19, 2014)
- Investors on record: 5

## About

Tutum is a cloud-based platform that simplifies application deployment and management, enabling developers to build, deploy, and scale applications effectively.Founded in 2013 and headquartered in New York, US, Tutum is designed for container management. The company was acquired by Docker in October 2015, with financial terms undisclosed. Pedro London serves as CEO, and the firm has engaged in four deals since its inception, with the most recent funding round being a Seed round in which they raised USD 2.65 mn led by RTP Global and included Azure Capital Partners among its investors.Tutum.co offers cloud-based solutions that streamline application deployment and management. Their platform simplifies container management, catering to software developers, IT teams, and enterprises across technology, finance, and healthcare sectors. The service is available globally, reaching users in North America, Europe, and Asia.Tutum.co operates on a subscription-based revenue model, where clients pay for access to platform features. This model allows for tiered pricing plans, supporting various usage levels and fostering long-term client relationships. The offerings are designed to accommodate businesses of all sizes, from startups to large enterprises, which rely on Tutum.co for application lifecycle management.Following the recent funding round in October 2015, Tutum plans to enhance its platform with new product features aimed at improving container management capabilities. The company is also targeting expansion into new geographic regions, specifically looking to increase its presence in Europe and Asia by 2023. The funds raised will be utilized to bolster development efforts and support marketing initiatives to drive user acquisition in these new markets.

## Funding rounds

- Seed, Aug 19, 2014, $2.6M — Azure Capital Partners, RTP Global
- Seed, Sep 1, 2013, $0M — NXTP Ventures
- Seed, Mar 14, 2013, $0M — Techstars, Start-up Chile

## Investors

- Techstars (https://capitalatlas.ai/funds/techstars) — Seed
- Start-up Chile (https://capitalatlas.ai/funds/start-up-chile) — Seed
- NXTP Ventures (https://capitalatlas.ai/funds/nxtp-ventures) — Seed
- Azure Capital Partners (https://capitalatlas.ai/funds/azure-capital-partners) — Seed
- RTP Global (https://capitalatlas.ai/funds/rtp-global) — Seed