Portainer doubles series A funding in round extension, led by Movac

Portainer doubles series A funding in round extension, led by Movac
Co-founder and CEO Neil Cresswell created Portainer to help users navigate the complex Docker containerisation system. (Image: Portainer)
Ben Moore
Portainer, a NZ-born startup that supplies software for managing containerised IT environments, has raised an additional US$6.2 million (NZ$9.88m) in an extension of its series A round.This more than doubles the amount it has raised in the round, adding to the US$6 million the company raised last year.Including its seed round in 2020, Portainer has now raised US$13.4m.Wellington-based Movac was the lead investor for the extension, which added Auckland’s New Zealand Growth Capital Partners and US-based Shasta Ventures to the pool of invest...