Progress announced new powerful capabilities and enhancements in the latest release of Progress® Sitefinity®.
Weaveworks Raises $36 Million in Series C Funding
January 05, 2021
Weaveworks announced a $36.65 million Series C funding round led by some of the world’s leading public cloud and telecommunications companies, including first-time investors Amazon Web Services (AWS), Ericsson, Orange Ventures, Sonae Investment Management and Telekom Investment Pool (TIP).
The round also includes follow-on investments from Accel, GV, and Redline Capital, bringing total funds raised to date to $60 million.
Weaveworks will use the fresh capital to enhance its GitOps-powered Kubernetes platform and accelerate market expansion, as enterprises and telecommunications companies demand massive scalability and speed of innovation for their cloud native applications.
According to Alexis Richardson, CEO of Weaveworks, investors have come together to invest in their vision for the future of Kubernetes and cloud native management technologies, powered by Weaveworks’ GitOps: "Our new funding from world-leaders in cloud and telecommunications, validates Weaveworks as the primary independent platform for cloud native applications. With two years of triple digit growth, we are seeing organizations of all sizes adopt GitOps - our breakthrough approach to automating operations, deployment and management of Kubernetes applications. Global 2000 companies are adopting Kubernetes everywhere, but finding they need more help. First, to enable developers, who each have their own applications based on different stacks. Second, to support and operate consistently at scale, without resorting to error prone scripts and manual interventions. With Weaveworks GitOps, enterprise developers have an on ramp and a standard operating model, delivering automation, policy compliance and security. "
Weaveworks GitOps-powered Kubernetes Platform is built on open source and designed to work alongside Amazon Elastic Kubernetes Service (Amazon EKS), further simplifying the adoption of Kubernetes on AWS.
Telecommunications companies looking to build out 5G networks at unprecedented scale are turning to Kubernetes and its ecosystem of cloud native tooling for the resilience, flexibility, and scalability it provides. Weaveworks GitOps is the solution for operational transformation and delivers operational efficiencies in cloud native 5G core networks.
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