Spacelift raised $51 million in a Series C funding round led by Five Elms Capital to enhance AI-powered infrastructure management solutions for enterprises.

Target Information

Spacelift, headquartered in Redwood City, California, is a pioneering infrastructure orchestration platform that specializes in managing the entire lifecycle of infrastructure, which includes provisioning, configuration, and governance. The company has recently completed a Series C funding round, successfully raising $51 million to enhance its product offerings and increase enterprise adoption. The influx of capital will further Spacelift's mission to simplify complex infrastructure management using AI-powered automation, thereby enabling organizations to streamline their processes and adhere to compliance standards more effectively.

This innovative platform facilitates operational efficiency across various sectors, including financial services, healthcare, software, and government, by allowing enterprises to manage their infrastructure lifecycle with confidence. Leading companies such as Redfin, Moody’s, and Duolingo are already capitalizing on Spacelift's capabilities, utilizing it to navigate multi-cloud and hybrid environments with ease.

Industry Overview

The infrastructure management industry is undergoing significant transformation, characterized by the increasing complexity of managing operations across diverse cloud environments. In this dynamic landscape, companies are compelled to