Insight Partners led an $18m Series B funding round in Ambassador Labs.

Insight Partners, a venture capital and private equity firm, led an $18m Series B funding round in Ambassador Labs, a company that develops the most popular API gateway solution. “As more and more organizations adopt Kubernetes to support modern app development, DevOps teams are realizing a change in the development and delivery workflows that they were previously accustomed to, shining light on the need for solutions that make it easy to understand, control and manage every aspect of the dev lifecycle. Our open source community of 10,000+ users and thousands of global customers reinforces the value Ambassador provides in API management across Kubernetes. This new funding will allow us to evolve even faster during a critical time in our company journey and make the necessary investments in technology to address our customers’ DevOps challenges today and in the future," Richard Li, Ambassador Founder and CEO.