Upbound, Inc. announced it raised $9 Million in an initial filing from an offering of $9 Million

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Upbound is the company behind open source Crossplane - the modern, cloud-native alternative to Infrastructure as Code. Crossplane was the first open source project to recognize Kubernetes for its control plane, and not as a container orchestrator, and has been leading the effort to democratize control plane technology in the cloud-native community. Our mission is to enable a new era of infrastructure management that is automated, efficient, reliable and empowers application teams to self-service any resource they need and deliver software faster. We are building solutions that accelerate development velocity and innovation at global enterprises, with a control plane-centric approach. Upbound Universal Crossplane (UXP) enables platform teams to create their own opinionated platform declaratively without having to write any code and offer it to their developers as a self-service Kubernetes-style API.