Progress announced the Q4 2024 release of its award-winning Progress® Telerik® and Progress® Kendo UI® component libraries.
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
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.