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.
vFunction announced an OpenRewrite integration to automate framework upgrades of domains and applications observed by vFunction, supporting customers’ continuous application modernization.
OpenRewrite is a tool for codebase refactoring that developers can use to effectively eliminate technical debt within their repositories. The integration supports modernization initiatives, from simple version upgrades to more complex framework migrations and coding style standardizations.
vFunction also announced new features that equip software architects and engineers with a simple, efficient way to align task prioritization with overarching project goals and business priorities, significantly improving their ability to manage technical debt and increase engineering velocity. Digital transformation has generated massive technical debt for many organizations, resulting in overburdened architects and engineers who often don’t know where to begin to untangle complex architectures to meet business demands. New vFunction business domain-based prioritization bridges the gap, giving software architects and engineering teams the power to hone in on the most urgent tasks, such as those that increase velocity, scalability, resiliency and cloud readiness.
Moti Rafalin, CEO of vFunction. “Organizations are facing a buildup of technical debt with each release, slowing engineering velocity and impacting application resiliency and scalability. With continuous architectural observability coupled with prioritization capabilities, teams can now proactively pinpoint and prioritize issues affecting specific application domains. For example, in a typical e-commerce application, processing credit card authorizations or customer order fulfillment can be domains of interest. By organizing efforts around specific business domains, software architects and development teams can drive high-impact improvements in velocity, resiliency and scalability that can result in tangible value for their business.”
Business domain-based prioritization in vFunction’s architectural observability platform is designed to help users apply greater efficiency and focus to their technical debt task, ensuring that critical activities are aligned with business and application modernization goals. With domain-level prioritization, users can sort tasks based on domain importance. From there, users can prioritize based on tasks within a domain by assigning a specific “goal” reflecting particular objectives for a domain, including:
- Increase Velocity: Ideal for focusing on quick and agile development.
- Increase Scalability: Designed to extract parts from monolithic applications for scalable growth.
- Increase Resiliency: Suited for complex or distributed applications, emphasizing robust and fault-tolerant systems.
- Cloud Readiness: Recommended for domains that are planning to migrate to the cloud or move to more modern cloud native services.
vFunction also introduced a cloud compatibility architectural event that automatically recommends next steps based on the challenges and requirements encountered during the analysis of cloud readiness. These recommendations provide actionable insights and clear direction for necessary changes to make. Highlighting critical areas of cloud compatibility and providing targeted guidance aids teams when extracting domains to cloud environments and making applications cloud-ready.
Industry News
The Cloud Native Computing Foundation® (CNCF®), which builds sustainable ecosystems for cloud native software, has announced significant momentum around cloud native training and certifications with the addition of three new project-centric certifications and a series of new Platform Engineering-specific certifications:
Red Hat announced the latest version of Red Hat OpenShift AI, its artificial intelligence (AI) and machine learning (ML) platform built on Red Hat OpenShift that enables enterprises to create and deliver AI-enabled applications at scale across the hybrid cloud.
Salesforce announced agentic lifecycle management tools to automate Agentforce testing, prototype agents in secure Sandbox environments, and transparently manage usage at scale.
OpenText™ unveiled Cloud Editions (CE) 24.4, presenting a suite of transformative advancements in Business Cloud, AI, and Technology to empower the future of AI-driven knowledge work.
Red Hat announced new capabilities and enhancements for Red Hat Developer Hub, Red Hat’s enterprise-grade developer portal based on the Backstage project.
Pegasystems announced the availability of new AI-driven legacy discovery capabilities in Pega GenAI Blueprint™ to accelerate the daunting task of modernizing legacy systems that hold organizations back.
Tricentis launched enhanced cloud capabilities for its flagship solution, Tricentis Tosca, bringing enterprise-ready end-to-end test automation to the cloud.
Rafay Systems announced new platform advancements that help enterprises and GPU cloud providers deliver developer-friendly consumption workflows for GPU infrastructure.
Apiiro introduced Code-to-Runtime, a new capability using Apiiro’s deep code analysis (DCA) technology to map software architecture and trace all types of software components including APIs, open source software (OSS), and containers to code owners while enriching it with business impact.
Zesty announced the launch of Kompass, its automated Kubernetes optimization platform.
MacStadium announced the launch of Orka Engine, the latest addition to its Orka product line.
Elastic announced its AI ecosystem to help enterprise developers accelerate building and deploying their Retrieval Augmented Generation (RAG) applications.
Red Hat introduced new capabilities and enhancements for Red Hat OpenShift, a hybrid cloud application platform powered by Kubernetes, as well as the technology preview of Red Hat OpenShift Lightspeed.
Traefik Labs announced API Sandbox as a Service to streamline and accelerate mock API development, and Traefik Proxy v3.2.