Progress announced the Q4 2024 release of its award-winning Progress® Telerik® and Progress® Kendo UI® component libraries.
CloudTruth raised $5.25 million in seed funding led by Glasswing Ventures and Gutbrain Ventures, with additional funding from Stage 1 Ventures and York IE.
The Seed Series will be used to further develop the company’s disruptive offering that helps software developers and CloudOps teams increase uptime, improve security and eliminate cloud configuration risks resulting from decentralized and distributed deployment and settings.
CloudTruth also announced the acquisition of Tuono, a cloud secrets management startup as it looks to unify and simplify access and visibility into companies’ infrastructure, application, and secrets configuration data.
“Cloud configuration errors keep CTOs up at night, and rightfully so,” said Greg Arnette, CEO, CloudTruth. “We’re fixing that problem by giving companies increased visibility and unified control, providing access to all cloud and application configuration data in one place. We support this by providing a low code, unified configuration management solution that accelerates teams and ensures consistency.”
CloudTruth unifies access and visibility into companies’ infrastructure, application, and secrets configuration data. CloudTruth’s API, CLI, and GUI enable companies to manage their parameters, templates, environment variables, and secrets from one central location.
Tuono provides comprehensive enterprise cloud automation, including secrets management, role-based access control, versioning, and audit logging. Tuono’s technology plays a key role in CloudTruth’s unified configuration management platform by helping CloudOps teams better define and manage their cloud infrastructure services.
CloudTruth was founded by longtime tech veterans Greg Arnette and Matt Conway. Most recently, Arnette was the founder and CTO of Sonian, which was acquired by Barracuda Networks. Conway was previously the founder of Simply Genius and the CTO of Backupify, which was acquired by Datto.
“Inadequate cloud configuration controls and oversight, exponentially increasing APIs, and a lack of cloud security expose companies of all sizes to major risks,” said Rudina Seseri, Founder and Managing Partner at Glasswing Ventures. “...This merger and the financing round will power the creation of a unique configuration and automation platform, purpose-built to address the needs of today’s cloud configuration complexities.”
Industry News
Check Point® Software Technologies Ltd. has been recognized as a Leader and Fast Mover in the latest GigaOm Radar Report for Cloud-Native Application Protection Platforms (CNAPPs).
Spectro Cloud, provider of the award-winning Palette Edge™ Kubernetes management platform, announced a new integrated edge in a box solution featuring the Hewlett Packard Enterprise (HPE) ProLiant DL145 Gen11 server to help organizations deploy, secure, and manage demanding applications for diverse edge locations.
Red Hat announced the availability of Red Hat JBoss Enterprise Application Platform (JBoss EAP) 8 on Microsoft Azure.
Launchable by CloudBees is now available on AWS Marketplace, a digital catalog with thousands of software listings from independent software vendors that make it easy to find, test, buy, and deploy software that runs on Amazon Web Services (AWS).
Kong closed a $175 million in up-round Series E financing, with a mix of primary and secondary transactions at a $2 billion valuation.
Tricentis announced that GTCR, a private equity firm, has signed a definitive agreement to invest $1.33 billion in the company, valuing the enterprise at $4.5 billion and further fueling Tricentis for future growth and innovation.
Check Point® Software Technologies Ltd. announced the new Check Point Quantum Firewall Software R82 (R82) and additional innovations for the Infinity Platform.
Sonatype and OpenText are partnering to offer a single integrated solution that combines open-source and custom code security, making finding and fixing vulnerabilities faster than ever.
Red Hat announced an extended collaboration with Microsoft to streamline and scale artificial intelligence (AI) and generative AI (gen AI) deployments in the cloud.
Endor Labs announced that Microsoft has natively integrated its advanced SCA capabilities within Microsoft Defender for Cloud, a Cloud-Native Application Protection Platform (CNAPP).
Progress announced new powerful capabilities and enhancements in the latest release of Progress® Sitefinity®.
Red Hat announced the general availability of Red Hat Enterprise Linux 9.5, the latest version of the enterprise Linux platform.
Securiti announced a new solution - Security for AI Copilots in SaaS apps.
Spectro Cloud completed a $75 million Series C funding round led by Growth Equity at Goldman Sachs Alternatives with participation from existing Spectro Cloud investors.