Namespace raises $42M to build out developer-focused compute cloud

Namespace raises $42M to build out developer-focused compute cloud

Zurich-founded developer infrastructure startup Namespace Labs Inc. today announced it raised $42 million in Series B, led by Scale Venture Partners, to give developers powerful compute infrastructure to speed up software engineering work.

NEA, 20VC, Essence, Burst Capital and Susa Ventures also joined the round. The round comes just seven months after the company’s Series A, led by NEA, bringing total funding to $65 million.

Founded in 2022 by former Google…