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New Deal


Announced

Completed

Insight Partners completed a $63m investment in Carbon Relay.

Financials

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Transaction Value£48m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Friendly

Completed

United States

Single Bidder

Minority

Private Equity

Data Centers and Hosting

cloud solutions

Private

Venture Capital

Synopsis

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Insight Partners completed a $63m investment in Carbon Relay, a startup developing a cloud-based platform that automates Kubernetes app deployment. "We're pleased to work with the Carbon Relay team to enable the rapid expansion of the company's groundbreaking platform. As Kubernetes moves into mainstream use, development and operations teams across industries are attracted to its flexibility. At the same time, they're dismayed by how difficult it is to use. Carbon Relay has brought together a team of world-class machine learning and engineering experts to bring to market an innovative solution to the challenge of Kubernetes complexity. The Insight team is excited to collaborate with Carbon Relay as the company scales to address this unique opportunity," Michael Triplett, Insight Partners Managing Director.

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