Elotl offers the “Elotl Milpa” serverless platform to deploy Kubernetes (container orchestration system) apps on the cloud (mainly AWS, Google Cloud, Azure cloud, and Oracle cloud). It allows users to run their Kubernetes workloads in a cost effective manner (around 60%-80% cost savings relative to traditional offerings), avoiding vendor lock-in, Its offering also includes multi-tenancy security. As of January 2022, its customers included Robinhood, Ronin, and Symphony, among others.
In the year leading to November 2021, deployments through Elotl expanded 5x YoY, and the company became a founding member of the “Mobile Native Foundation” (a space for developers to collaborate on open source projects and discuss topics).
Elotl raised USD 5 million in seed funding in November 2021, led by Vertex Ventures, to invest in recruitment, product development, and expanding to more cloud providers.
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