Lyrid is a technology company.
Lyrid has raised $1.0M across 1 funding round.
Lyrid has raised $1.0M in total across 1 funding round.
Lyrid is a San Jose-based technology company providing a cloud-agnostic Platform as a Service (PaaS) platform that automates infrastructure for cloud-native development, including Managed Kubernetes and Managed Databases.[1][2][3] It serves developers and teams building applications across multiple clouds or private servers, solving problems like vendor lock-in, high engineering costs for multi-cloud maintenance, and expensive development in monopolistic cloud environments by wrapping existing code for seamless, low-latency deployment with built-in redundancy and security.[1][3][4] Lyrid's mission is to foster innovation by leveling the playing field with affordable, multi-cloud automation, enabling teams to innovate without disrupting processes; it offers free trials and paid plans starting at $49/month, with revenue under $5 million and less than 25 employees.[1][2][3][4]
The platform emphasizes developer experience through SDKs for major platforms, integration with existing tech stacks, and automation that reduces operations costs amid inflation pressures, positioning it as a tool for scalable, flexible cloud-native deployments.[1][2]
Lyrid was founded in 2019 in San Jose, California, by Handoyo Sutanto (CEO/CTO with 12+ years as a software engineer and 7+ years in cloud technology) and Simon Loo (COO, MBA/BSEE, serial entrepreneur, and former sales manager at Fortune 500 companies).[3] The idea emerged from frustrations with the cloud computing market's monopolistic nature, where initial $100K free credits from public clouds give way to high ongoing costs and steep learning curves for engineers maintaining multi-cloud setups.[3] Early traction included winning the LYRID ISG startup competition, validating their wrapper technology that ports existing code to run seamlessly across public clouds or private servers with low latency, backups, and security layers.[3] From its base in San Jose (99 South Almaden Blvd. Suite 600), Lyrid has expanded with offices in Jakarta and Nairobi, reflecting global ambitions in multi-cloud solutions.[2]
Lyrid rides the multi-cloud and platform engineering wave, where teams seek to avoid vendor lock-in amid rising cloud costs and the shift to Kubernetes-native apps in a post-monopoly era.[1][2][3] Timing is ideal as platform engineering gained traction in 2023 for internal developer platforms that abstract infrastructure complexity, helping offset inflation without performance hits—Lyrid extends this externally with affordable wrappers.[2] Market forces like cloud price wars, AI-driven ops demands, and hybrid/on-prem needs favor its approach, influencing the ecosystem by democratizing access for billions of innovators via cloud-agnostic tools that lower barriers for startups and enterprises.[1][3] With global offices, it bridges U.S., Southeast Asia, and African markets, amplifying adoption in emerging regions.
Lyrid is poised to capitalize on exploding demand for hybrid/multi-cloud as enterprises diversify beyond Big Three providers, potentially scaling via partnerships and AI-enhanced automation. Trends like edge computing, zero-trust security, and GitOps will shape its path, with expansions in managed services driving revenue growth beyond current <$5M levels. Its influence may evolve from niche wrapper provider to full PaaS leader, empowering global devs—watch for funding rounds to fuel international traction, tying back to its core promise of affordable innovation for all.[3][4]
Lyrid has raised $1.0M in total across 1 funding round.
Lyrid's investors include GoAhead Ventures.
Lyrid has raised $1.0M across 1 funding round. Most recently, it raised $1.0M Seed in February 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Feb 1, 2022 | $1.0M Seed | GoAhead Ventures |