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Loft Labs brings power of virtualization to Kubernetes clusters

TechCrunch · 1y

Loft Labs, a startup aiming to optimize resource utilization in Kubernetes clusters, has raised $24 million in a Series A funding round. The company has developed a virtualization tool that allows multiple virtual clusters to share common applications in Kubernetes environments. By consolidating the shared platform stack, Loft Labs offers cost savings, increased efficiency, and improved consistency. The startup initially released an open-source version of its product called vCluster, which gained traction with 40 million downloads and one million virtual clusters created. Additionally, Loft Labs offers vCluster Pro, a complementary product for managing high-volume Kubernetes cluster environments.