Progress announced the Q4 2024 release of its award-winning Progress® Telerik® and Progress® Kendo UI® component libraries.
Codefresh announced $27M in new funding led by Red Dot Capital Partners with participation from Shasta Ventures and existing investors.
Total funding for Codefresh has now more than doubled to $42M.
Codefresh CEO Raziel Tabib said this new round of funding will be used to make “big investments into open source, continuous delivery, and more”.
Codefresh launched as the first continuous integration and delivery (CI/CD) platform for Kubernetes and has grown dramatically with adoption from DevOps teams at Epic Games, Gap, Vivint, TBS, and many others.
Yaniv Stern, Managing Partner at Red Dot Capital Partners will join the Codefresh board of directors and Isaac Roth, partner at Shasta Ventures will join the advisory board. Roth previously led the creation and growth of Red Hat’s incredibly successful Kubernetes platform: OpenShift.
“Codefresh is light years ahead of other CI/CD platforms on Kubernetes. Their deep integrations into Kubernetes, git/cloud-agnostic architecture, and user experience are making Codefresh the default CI/CD for Kubernetes. This is especially true in an industry that has been dominated for years by complex and outdated tooling,” said Roth.
Kubernetes is quickly becoming the de facto way to run cloud-native applications. Codefresh serves as a key DevOps tool that both accelerates and simplifies Kubernetes adoption and helps teams get the most out of these cloud-native technologies.
“Demand for a modern DevOps platform that helps engineering teams adopt and optimize workflows for Kubernetes is very high,” said Raziel Tabib, CEO of Codefresh. “Our continuous integration and delivery platform accelerates our customer’s migration to Kubernetes, eliminates the cost of maintaining legacy tool chains and leverages cloud-native technology practices to speed up software delivery.”
This container-based approach enables Codefresh to be both git- and cloud-agnostic. In a time when git and cloud providers are trying to expand their footprint in CI/CD, Codefresh’s agnostic approach means their platform works well in any organization and allows each team to pick the best tools for their needs.
This funding round includes investment from Red Dot Capital Partners, Shasta Ventures, Vertex Ventures, M12: Microsoft’s Venture Fund, Viola Ventures, Hillsven, and CEIIF.
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.