Fugue (the company previously known as Luminal), today announced that it has raised $20 million in a Series C funding round led by New Enterprise Associates (NEA). The Frederick, MD- and Washington, DC-based company’s previous investors, including Core Capital, are also part of this round.
Harry Weller, General Partner at NEA
As their first institutional investor, it’s been remarkable watching them build out a world class team and pursue a bold vision for the cloud. We’re seeing an increasing demand for cloud-native solutions to today’s IT challenges, and Fugue is uniquely positioned to help customers realize the promise of the cloud.
Pascal Luck, Managing Director at Core Capital
We view the cloud as a giant distributed computer, and Fugue is an operating system for the cloud that we’re building from first principles. The significant support we enjoy from NEA, Core Capital, and our other investors is what makes it possible for us to assemble the incredible team needed to tackle hard problems in distributed computing and empower customers to take control, move fast, and save money in the cloud.