Investment led by T. Rowe Price and KDT underscores enterprise demand for transformative technologies like machine learning, distributed databases, microservices
Mesosphere, the hybrid cloud platform company, today announced a funding round of $125 million co-led by funds and accounts advised by T. Rowe Price Associates, Inc. and Koch Disruptive Technologies (KDT) with participation from ZWC Partners, Qatar Investment Authority (QIA) and Disruptive Technology Advisers (DTA). The round also features participation from existing investors Andreessen Horowitz, Two Sigma Ventures, Khosla Ventures, Hewlett Packard Enterprise, SV Angel, Fuel Capital, and Triangle Peak Partners. The company has nearly tripled revenue year-over-year.