SmartBear has appointed Dan Faulkner, the company’s Chief Product Officer, as Chief Executive Officer.
Codefresh completed an $8M series B funding round led by M12, Microsoft’s venture fund, with participation by Viola Ventures, Hillsven and CEIF. Early investors include UpWest Labs and Streamlined Ventures, bringing the total investment in Codefresh to $15.1M.
By investing in Codefresh, M12 signals a strong interest in container orchestration and believes Codefresh has the ability to accelerate Kubernetes adoption.
“Codefresh is uniquely designed to help teams build automated pipelines to deliver their software on top of Kubernetes,” said Mony Hassid, GM and Managing Director of EMEA at M12. “We’ve invested in Codefresh because they have built innovative solutions that enable enterprises to successfully adopt Kubernetes.”
Codefresh eases Kubernetes adoption and allows developers to automate their application deployment to Kubernetes in as little as 10 minutes. Once migrated, teams experience up to 24X faster development times.
“When we adopted Kubernetes we found that the old CI/CD tools didn’t fit. By adopting Codefresh, we were able to get our entire team deploying to Kubernetes right away,” said Anthony Johnson, CTO, GIPHY, a Codefresh customer.
According to Dan Kohn, Executive Director of the Cloud Native Computing Foundation (CNCF), “Codefresh has been a pioneer in advocating for robust CI/CD platforms for Kubernetes, and we look forward to continue working with them to grow the cloud-native ecosystem.”
451 Research forecasts a container market of $2.7B by 2020, and Kubernetes’ adoption has begun in over 80% of the enterprise container market, indicating an industry-wide resolve that efficient and scalable cloud-native application deployment is essential to business success.
“The meteoric rise of Kubernetes is happening so fast that most toolchains haven’t kept up, and M12 knows it,” said Raziel Tabib, Codefresh co-founder and CEO. “With this latest round of funding we’re going to aggressively accelerate our roadmap and expand our customer base.”
Industry News
Horizon3.ai announced the release of NodeZero™ Kubernetes Pentesting, a new capability available to all NodeZero users.
Veracode acquired certain assets of Phylum, including its malicious package analysis, detection, and mitigation technology.
AppViewX announced the completion of its acquisition by Haveli Investments.
Check Point® Software Technologies Ltd. has been recognized as a Leader in the 2024 Gartner® Magic Quadrant™ for Email Security Platforms (ESP).
Progress announced its partnership with the American Institute of CPAs (AICPA), the world’s largest member association representing the CPA profession.
Kurrent announced $12 million in funding, its rebrand from Event Store and the official launch of Kurrent Enterprise Edition, now commercially available.
Blitzy announced the launch of the Blitzy Platform, a category-defining agentic platform that accelerates software development for enterprises by autonomously batch building up to 80% of software applications.
Sonata Software launched IntellQA, a Harmoni.AI powered testing automation and acceleration platform designed to transform software delivery for global enterprises.
Sonar signed a definitive agreement to acquire Tidelift, a provider of software supply chain security solutions that help organizations manage the risk of open source software.
Kindo formally launched its channel partner program.
Red Hat announced the latest release of Red Hat Enterprise Linux AI (RHEL AI), Red Hat’s foundation model platform for more seamlessly developing, testing and running generative artificial intelligence (gen AI) models for enterprise applications.
Fastly announced the general availability of Fastly AI Accelerator.
Amazon Web Services (AWS) announced the launch and general availability of Amazon Q Developer plugins for Datadog and Wiz in the AWS Management Console.