Focus Area
Infrastructure
The foundational layers powering modern applications: compute, networking, developer tools, and platform services that enable the next generation of software.
80%
Platform Team Adoption
By 2026 (Gartner)
76%
DevOps AI Integration
Teams using AI in CI/CD
40-50%
Cognitive Load Reduction
High-maturity platforms
66%
GitOps Adoption
Surveyed organizations
Our Investment Thesis
Great infrastructure is invisible until it's missing. The best infrastructure companies solve fundamental problems so elegantly that developers forget they exist, while simultaneously becoming indispensable to their workflows.
We're particularly excited about infrastructure that enables new categories of applications. Just as AWS enabled a generation of startups, we believe new infrastructure paradigms (AI-native compute, edge-first architectures, and developer-centric platforms) will unlock the next wave of innovation.
The shift from experimentation to reliability and repeatability is driving massive consolidation around internal developer platforms. Teams need to scale software delivery with more structure, not more tools.
We look for infrastructure companies with strong technical moats, clear developer love, and the potential to become the default choice in their category.
What We Look For
- Developer-first approach with strong community adoption
- Technical differentiation that creates switching costs
- Clear value proposition tied to measurable outcomes
- Platform potential with expansion opportunities
- Teams with deep technical expertise and product vision
- Products that reduce complexity rather than add it
Market Insight
80% of software engineering organizations will have platform teams by 2026
The days of cobbling together fragmented toolchains are giving way to more cohesive, AI-augmented platforms that abstract complexity while providing deeper insights. Platform engineering is transforming how companies build and ship software.
Key Trends Shaping the Market
The forces driving innovation and creating new opportunities in this space.
Platform Engineering
Building internal developer platforms with golden paths that standardize and accelerate software delivery. Self-service infrastructure replacing ticket-based workflows.
AI-Augmented DevOps
AI agents graduating from experimental tools to first-class platform citizens, handling predictive infrastructure management and automated optimization.
GitOps Expansion
Git-based workflows expanding beyond Kubernetes into multi-cloud orchestration, security policy enforcement, and serverless architectures.
FinOps Integration
Cost guardrails becoming standard in DevOps pipelines: budget alerts, environment TTLs, right-sizing checks, and cost regression detection.
Supply Chain Security
DevSecOps and software supply chain security (SBOM, SLSA, artifact signing) becoming baseline requirements, not afterthoughts.
Edge-First Architecture
Infrastructure for running compute closer to users, enabling new latency-sensitive applications and reducing cloud egress costs.
Where We See Opportunity
Specific segments and categories where we're actively seeking investments.
AI Infrastructure
GPU orchestration, ML platforms, model serving, and training infrastructure optimized for AI workloads. The compute layer enabling the AI revolution.
Developer Platforms
Tools and platforms that dramatically improve developer productivity and experience. Internal developer platforms as a product.
Edge Computing
Infrastructure for running compute closer to users, enabling new latency-sensitive applications and hybrid cloud-edge models.
Networking
Next-generation networking solutions, from software-defined networks to global edge networks and secure connectivity.
Observability
Tools for understanding complex distributed systems through logging, metrics, and tracing. AI-powered insights and automated remediation.
Platform Engineering
Internal developer platforms and tools that standardize and accelerate software delivery with self-service capabilities.
Market Landscape
Notable companies and categories shaping this market.
Developer Platforms
Vercel, Netlify, Railway, Render, Fly.io
Observability
Datadog, Grafana, Chronosphere, Coralogix, Honeycomb
AI Infrastructure
Anyscale, Modal, Replicate, CoreWeave, Lambda Labs
Platform Engineering
Backstage, Port, Cortex, OpsLevel, Humanitec
Edge Computing
Cloudflare, Fastly, Akamai, Deno, Lagon
GitOps & IaC
Terraform, Pulumi, Crossplane, ArgoCD, Flux
Portfolio Companies
Companies in our portfolio building in this space.
OrbioCloud
AI-powered asset and fleet management platform that makes operations simple, efficient, and affordable.
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Buffy
AI-powered fitness companion and social platform transforming how people train and connect.
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We're actively investing in this space and would love to hear about what you're building.