Progress announced new powerful capabilities and enhancements in the latest release of Progress® Sitefinity®.
Daytona, a self-hosted Development Environment Management platform, raised $2 million in Pre-Seed funding.
This round achieved significant contributions from recognized founders and operators within the developer tool sector.
The backing from industry leaders such as Abhinav Asthana (Founder, Postman), Charity Majors (Co-founder, Honeycomb), Christian Bach (Co-founder, Netlify), Prashanth Chandrasekar (CEO, Stack Overflow), Zach Lloyd (Founder, Warp), Milin Desai (CEO, Sentry), and Paul Copplestone (Co-founder, Supabase) is a strong endorsement of Daytona's vision. Venture capital support was led by 500, with notable contributions from Tiny.vc, Silicon Gardens, Darkmode VC, and Firestreak Ventures.
Daytona is crafting a platform that simplifies the creation of standard and secure developer environments, automates environment setup on new project branches, and facilitates environment sharing among team members. The platform is designed to be compatible with any IDE & GIT provider, adhering to industry standards like Dev Container. In essence, Daytona offers functionalities akin to Github Codespaces, but with the added advantage of being self-hosted on an organization's own infrastructure.
Daytona's journey began in 2009 with a project called PHPanywhere, which later evolved into Codeanywhere. Over a 14-year span in the Cloud Development sector, the founders acquired a unique and deep understanding of consumer needs and challenges. Daytona leverages this insight to create a much-needed dev tool that has not yet been introduced to the market.
"This funding propels us to actualize our mission is to become the industry standard in Development Environment Management, starting with the enterprise sector. The overwhelming support from individuals and institutions deeply rooted in the DevTools industry is not just a validation, but a collaborative stride toward transforming the developer environment landscape," said Ivan Burazin, co-founder and CEO of Daytona.
The funds from this round will be channeled into accelerating product development, hiring to expand the Daytona team, and intensifying market penetration, especially within large organizations where self-hosted environments are paramount.
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