Sapphire Ventures led a round for the app management technology provider that included Dell Technologies Capital, Intel Capital, NTT Venture Capital and Samsung Next.

US-based cloud management technology developer Tetrate received $40m yesterday in a series B round featuring corporate investors Dell, Intel, NTT and Samsung.

Sapphire Ventures, a venture capital firm spun off by software supplier SAP, led the round, which included 8VC and Scale Venture Partners.

Dell Technologies Capital, Intel Capital, NTT Venture Capital and Samsung Next represented computing equipment producer Dell, chipmaker Intel, telecommunications firm NTT and electronics manufacturer Samsung respectively.

Founded in 2018, Tetrate provides enterprise app management software that…

Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.