devopsy.kinsta.cloud

Author: Deborah Schalm

  • Thoma Bravo Makes Strategic Growth Investment in Applitools

    SAN FRANCISCO and SAN MATEO, CA, March 30, 2021 — Thoma Bravo, a leading private equity investment firm focused on the software and technology-enabled services sector, today announced it has made a strategic growth investment in Applitools, the leading provider of visual test automation software. Co-founders Gil Sever, Adam Carmi and Moshe Milman will retain a significant ownership position in the company. Financial details were not disclosed.

    Founded in 2013 and headquartered in San Mateo, CA, Applitools provides software engineers with AI-based and cloud-powered solutions to help automate functional and visual testing for their applications and ensure a seamless user experience. The company’s Visual AI platform uses computer vision algorithms, enabling engineering teams to rapidly write, run, analyze, and maintain tests to ultimately release high quality applications at incredible speed and reduced cost. The investment can allow Applitools to leverage Thoma Bravo’s operating capabilities and deep experience in the software sector to accelerate its already impressive growth trajectory and further scale its innovative, market-leading platform.

    “As digital transformation accelerates, more and more software developers are turning to Applitools’ cross-environment testing solutions to build and verify high quality software applications users can trust,” said Gil Sever, CEO of Applitools. “At this moment of dynamic change, businesses are looking for peace of mind and reliable, AI-augmented toolkits to maintain continuity across digital touchpoints. We look forward to partnering with Thoma Bravo to double down on our significant business momentum, drive continued product innovation and take our unique technology to new heights.”

    “Virtually every industry in our economy is undergoing a digital transformation, with customers demanding flawless user experiences, and Applitools is the leading innovator in the UX test automation market,” said Carl Press, a Principal at Thoma Bravo. “The pandemic has only accelerated this transformation, as businesses work to achieve high-level continuous quality across the full range of consumer devices. We couldn’t be more excited to partner with Gil and the Applitools team as they continue delivering best-in-class, AI-enabled solutions.”

    “Applitools is solving problems that developers, quality engineers, and digital product owners face every day, and we are thrilled to be partnering with the team as they continue to define and expand the visual and functional test automation market using groundbreaking Visual AI and cross-browser testing technologies,” said Annie Wei, a Vice President at Thoma Bravo. “We are looking forward to leveraging Thoma Bravo’s operational capabilities to help drive continued growth and market leadership.”

    Baird is serving as financial advisor to Thoma Bravo and Kirkland & Ellis is serving as legal counsel. William Blair is serving as financial advisor to Applitools and Meitar Liquornik Geva Leshem Tal and Sidley Austin are serving as legal counsel.

    About Applitools

    Applitools delivers a Next Generation Test Automation Platform through Visual AI and Ultrafast Test Cloud. Applitools enable engineering teams to release high quality web and mobile apps at incredible speed and at a reduced cost.

    Applitools Visual AI modernizes important test automation use cases — Functional Testing, Visual Testing, Web and Mobile UI/UX Testing, Cross Browser Testing, Responsive Web Design Testing, Cross Device Testing, PDF Testing, Accessibility Testing and Compliance Testing — to transform the way organizations deliver innovation at the speed of CI/CD at a significantly lower Total Cost of Ownership (TCO).

    Hundreds of companies from verticals such as Tech, Banking, Insurance, Retail, Pharma, and Publishing — including 50 of the Fortune 100 — use Applitools to deliver the best possible digital experiences to millions of customers on any device and browser, and across every screen size and operating system.

    Applitools is headquartered in San Mateo, California, with offices in Tel Aviv, Israel and Melbourne, Australia. For more information, please visit applitools.com.

    About Thoma Bravo

    Thoma Bravo is a leading private equity firm focused on the software and technology-enabled services sectors. With more than $76 billion in assets under management as of December 31, 2020, Thoma Bravo partners with a company’s management team to implement operating best practices, invest in growth initiatives and make accretive acquisitions intended to accelerate revenue and earnings, with the goal of increasing the value of the business. The firm has offices in San Francisco, Miami, and Chicago. For more information, visit thomabravo.com.

     

  • Razor Labs becomes the first AI company on Tel Aviv stock exchange after completing its Initial Public Offering and raising $36 million

    The company leverages AI to make industrial machines smart, offering manufacturers a more cost-effective method of managing their supply chains

    Tel Aviv, March 2021 – Razor Labs, the leading developer of AI solutions for industrial manufacturing processes, announces the successful completion of its Initial Public Offering, making it the first Artificial Intelligence (AI) company to go public on the Israeli stock exchange. The IPO process was led by Discount Capital Underwriting.

    Razor Labs transforms industrial machines into smart devices, offering manufacturers across a wide spectrum of industries a more cost effective method to manage their supply chains. Founded in 2016, Razor Labs develops Neural Networks that utilize Deep Learning-based optimization for business processes. The company’s founding team is led by serial entrepreneur Raz Roditi, who serves as the CEO; CTO Michael Zolotov, an expert in Deep Learning algorithms with extensive experience in the research and development of AI; and Ido Rozenberg, an AI expert, researcher and developer of complex AI systems, and former commander at the 8200 intelligence corps unit in the Israeli Defense Forces (IDF).

    The company’s flagship product, DataMind AI transforms heavy industrial machinery to smart devices and operates as SaaS in the cloud. The product integrates with the machine’s sensors remotely, identifying and predicting malfunctions as well as optimizing manufacturing processes, achieving results of accuracy and understanding even beyond human intelligence. Eliminating the need for investing in additional parts, DataMind AI identifies hidden patterns in the data so as to predict malfunctions in advance and alert to maintenance needs, thereby reducing the downtime costs and allowing organizations to repair and maintain the machinery at their convenience, ahead of time.

    Until now, Razor Labs has operated in bootstrap mode, building revenue from sales, and without third party investments. Through the process of its IPO in February 2021, the company has raised $36 million and was traded on the first day by an increase of 10 percent, and at a valuation higher than $151 million (500 million NIS). Razor Labs is also the first technology company to IPO after having raised significant revenue without previous investments.

    The company is allocating the new capital to expedite its development and expansion plans, through accelerating the strategic global collaborations, expanding the R&D activities, and maintaining its technological advantage in the field.

    Headquartered in Tel Aviv and with offices in Australia, Razor Labs is eyeing a global expansion and looking to extend its capabilities in several locations overseas.

    “The decision to take a young startup to be publicly traded instead of VC Founded means taking a journey off the beaten path and leverage the public’s faith in our vision,” says Raz Roditi, Co-Founder and CEO at Razor Labs. “We’ve bootstrapped thus far and could have continued to do so quite successfully, but the growing demand and market potential called for a dramatic expansion, so we decided to take our company to the stock exchange. We’re excited to bring our elegant and smart solution to industries across the globe.”

    About

    An industry leader in AI, Razor Labs leverages AI to make industrial machines smart, offering manufacturers a more cost-effective method of managing their supply chains. The company’s experienced team works day and night to empower enterprises to reap the benefits of the AI revolution. Razor Labs is a trusted AI partner of multinational corporation’s, creating visionary breakthroughs together with world leaders in numerous fields, harnessing the Israeli innovation spirit.

  • The Open Group OSDU™ Forum Launches the OSDU Data Platform Mercury Release

    The Open Group OSDU™ Forum Launches the OSDU Data Platform Mercury Release

    ~ Open Source, standards-based data platform to stimulate innovation, industrialize data management, and reduce time to market for new solutions in the energy industry ~

    SAN FRANCISCO–(BUSINESS WIRE)–The Open Group, the vendor-neutral technology consortium, today announced the OSDU Data Platform Mercury Release. Developed by The Open Group OSDU™ Forum, the OSDU Data Platform is an Open Source, standards-based and technology-agnostic data platform for the energy industry that stimulates innovation, industrializes data management, and reduces time to market for new solutions.

    The OSDU Data Platform will provide over time access to a vast portfolio of open and proven vendor-developed applications from a broad range of energy sources. By accessing this ecosystem, developers no longer have to develop and maintain the monolithic architecture needed to deliver unique value-add services. Now, with a single set of well-defined and industry-specific APIs, organizations can easily accelerate platform design and develop proprietary applications on top of the OSDU Data Platform.

    With an Open Source approach, any company – from established corporations to start-up challenger companies – can contribute new features to the platform, supporting a variety of business workflows. All work is validated by the OSDU Program Management Committee (PMC) to ensure it is aligned with the overall direction of the Forum.

    With a single view of industry data, the OSDU Data Platform can be harnessed for innovative business applications. The Mercury Release of the OSDU Data Platform is now available to Operators and Software Developers who want to:

    • Liberate data from traditional silos and make all data discoverable and usable in a single data platform
    • Enable new integrated exploration and development workflows that reduce overall cycle time
    • Take advantage of emerging digital solutions to provide scalability and accelerate decision making

    Steve Nunn, President and CEO of The Open Group, commented: “The OSDU Data Platform Mercury Release represents an important achievement by the OSDU Forum in a very short space of time. Established in 2018, the OSDU Forum has accumulated over 185 Member organizations who are collaborating together to accelerate innovation and reduce costs in the energy sector. With a standard data platform, energy companies will be able to drive innovation by integrating digital technologies and utilizing open standards for better decision making. Looking ahead, this will be imperative to meet the world’s increasing energy demands while reducing greenhouse gas emissions.”

    Johan Krebbers, GM Emerging Digital Technologies / VP IT Innovation, Shell, commented: “At the heart of most energy companies’ strategies is embracing the transformational technologies taking us forward in today’s digital era. This makes the need for a common architectural design clear, one that underpins how our industry works with its data.”

    David Eyton, EVP Innovation & Engineering, bp, commented: “Data is at the heart of bp’s transformation into an integrated energy company. We believe that the future of the energy industry will be data driven and dependent on its ability to manage data in a manner that promotes data sharing with partners, innovation through data science, and rapid decision making throughout the lifecycle of the energy value chains. Being a founding member of the OSDU Forum, bp has had an opportunity to be part of an organization that is fundamentally changing the data landscape for our industry. By integrating energy organizations, cloud services providers, and software vendors, the OSDU Forum is providing an opportunity for collaboration that will be beneficial for all involved. We are very excited about the Mercury Release of the OSDU Data Platform and look forward to expanding this approach into engineering, emissions, and new energy.”

    To learn more about how to develop applications the OSDU Data Platform, visit the application developer community page here.

    The current OSDU Forum Member List is available here.

     

    About The Open Group OSDU Forum

    The Open Group OSDUTM Forum enables the Energy industry to develop transformational technology to support the world’s changing Energy needs. The OSDU Forum is available to all energy stakeholders including application developers, service operators, technology providers, software companies, academia, and more. More information on the OSDU Forum can be found here.

    About The Open Group

    The Open Group is a global consortium that enables the achievement of business objectives through technology standards. Our diverse membership of more than 800 organizations includes customers, systems and solutions suppliers, tool vendors, integrators, academics, and consultants across multiple industries. For more information, visit www.opengroup.org.

  • Tech FP&A Leader Travis Wentling Named CFO at Codefresh

    Former Reflektive and Mixpanel exec joins DevOps automation start-up

    Mountain View, Calif., March 24, 2021 – Travis Wentling, a financial planning and analysis executive who has succeeded in securing stability and growth for start-ups, large corporations, and public companies, has been named Chief Financial Officer at Codefresh, a software leader in cloud-native DevOps.

    Before joining Codefresh, Wentling served as CFO for Reflektive, provider of innovative, real-time performance management solutions for human resources leaders and their agile organizations. He also served as Head of FP&A for Mixpanel, an analytics platform for mobile and web, and has held a variety of other financial management roles at both NetApp and Sitecore.

    “I can’t imagine a more exciting time to join Codefresh.” Wentling said. “DevOps automation is a high growth industry and I look forward to contributing to Codefresh’s continued trajectory as an industry leader.”

    Wentling, who was born and raised in the Bay Area, will work out of the Codefresh headquarters in Mountain View, CA and oversee the finance department that is largely based in Israel while building out the team globally.

    He added, “Codefresh has been phenomenally successful with DevOps product innovation and making code easier for our customers to deploy. Finance plays an important role in this process by making sure we are able to invest even more in our customers. I look forward to being part of it.”

    Raziel Tabib, Codefresh CEO, added, “Travis brings expertise in forecasting, planning, and predicting the business that will be key to helping Codefresh scale – everything from processes to providing me with a different perspective on the financial performance of the company. I’m glad to have him on our team.”

    About Codefresh, Inc.
    Codefresh is the first cloud-native DevOps automation platform. Their mission is simple, to provide a platform and practices that enable companies to confidently ship code faster. After launch in 2017, Codefresh is trusted by companies like GoodRx, Skillshare, Monday.com, TBS, and financial services companies. Unlike legacy solutions, Codefresh goes beyond simple pipelines to connect runtime environments for total observability, advanced deployments and faster engineering/recovery cycles. Codefresh is headquartered in Mountain View, CA and backed by world-class investors: M12, Microsoft’s venture fund, Red Dot Capital Partners, Shasta Ventures, Viola Ventures, Vertex Ventures, Hillsven, CEIIF, UpWest Labs and Streamlined Ventures. Learn more about Codefresh at https://codefresh.io/. Follow on LinkedIn and Twitter at @codefresh.

     

  • GigaSpaces Wins 2021 Data Breakthrough Award for Best In-Memory Solution

    InsightEdge Smart ODS recognized for its ability to simplify and accelerate enterprise digital transformation initiatives 

     

    NEW YORK, March 24, 2021 — GigaSpaces, the leading provider of in-memory computing platforms that drive digital transformation,  announced today that InsightEdge Smart ODS has been selected as the “Best In-Memory Solution” from Data Breakthrough, a leading market intelligence organization that recognizes the top companies, technologies and products in the global Artificial Intelligence (AI) market today.

    GigaSpaces’ InsightEdge Smart ODS (Operational Data Store) is an out-of-the-box In-Memory Digital Integration Hub (DIH) that drives enterprise digital transformation.

    The microservices platform decouples digital applications from legacy systems of record and data sources with a low-latency, scalable data fabric, shared via unified API which is leveraged by enterprises to:

    • Rapidly introduce new modern digital applications.

    • Decouple digital applications from systems of record to provide speed, scale and high concurrency for new digital applications.

    • Ensure always on applications and access to data.

    • Modernize and offload from expensive legacy infrastructure.

    • Develop once and deploy anywhere – on-premises, cloud, hybrid and multi-cloud with a cloud native platform.

    GigaSpaces InsightEdge Smart ODS executes data transactions and analytics 30X faster than NoSQL and 6X faster than other in-memory platforms.

    “Enterprises are held back by their existing legacy infrastructure as they face increasingly fierce competition and demanding customers that expect faster, more innovative and cost-effective services,” said Noam Herzenstein, Director of Product Marketing at GigaSpaces. “We are proud to receive this significant industry honor that recognizes our Smart ODS platform’s ability to simplify and accelerate digital transformation initiatives.”

    The Data Breakthrough Awards is the premier awards program founded to recognize the data technology innovators, leaders, and visionaries worldwide in a range of categories, including Data Analytics, Big Data, Business Intelligence, and Data Storage. The inaugural Data Breakthrough Award program attracted more than 1,200 nominations from across the globe.

    About GigaSpaces

    The GigaSpaces InsightEdge portfolio delivers fastest, scalable and easiest to deploy in-memory computing platforms to meet the most challenging enterprise data and analytics processing needs for accelerating and scaling real-time applications, analytics and operational BI on any data, at any load, across any environment. One-click integrations with on-premises and cloud operational data stores, automatic data modeling, business-policy data tiering and AI-driven autonomous scaling reduce time-to-market and ensure rapid response times and highest performance levels, with lower TCO.

    Hundreds of Tier-1 and Fortune-listed organizations and OEMs across financial services, retail, transportation, telecom, healthcare, and more trust GigaSpaces for powering their mission critical services to optimize business operations, comply with regulations and enhance the customer experience. GigaSpaces offices are located in the US, Europe and Israel with partners around the globe serving customers such as Morgan Stanley, Bank of America, CSX, Goldman Sachs, Société Générale, Crédit Agricole, Avanza Bank, Avaya, Frequentis, CLSA, Groupe PSA and UBS.

    For more information visit www.gigaspaces.com and www.gigaspaces.com/blog/, follow us on Twitter, or visit our YouTube and LinkedIn channels.

     

  • Granulate Issues Findings from State of Cloud Computing Survey Highlighting Underutilization of IT Infrastructure

    Based on a survey of senior IT professionals at 100 companies spending nearly $1 million annually on cloud computing, findings identify widespread underutilization of CPU and desire for easy-to-implement solutions

    Tel Aviv, Israel, March 24th, 2021 – Granulate, a provider of autonomous real-time computing workload optimization and cost reduction solutions, today released the findings from its first State of Cloud Computing survey. The respondents were 100 senior DevOps and IT professionals from companies across various industries that spend over $80,000 per month on their cloud computing needs. The results indicate a widespread underutilization of cloud computing resources across the board.

    Over 50% of respondents to the survey stated that their server utilization rate is only 20-40% – despite the fact that respondents listed improving performance as a top priority.

    Even though cloud infrastructure offers flexibility and autoscaling that is intended to ensure customized CPU allocation, 46% of those surveyed responded that autoscaling rules activated when CPU usage was only between 30-50%. Companies migrating to the cloud maintain the same practices and utilization thresholds as they did pre-migration, leading to low resource utilization and relatively low thresholds for autoscaling – impacting company-wide productivity.

    Additional findings include:

    • Respondents ranked their top concerns as infrastructure performance, followed by optimal response time and cloud costs.
    • 40% stated that their main concern is improving performance and Quality of Service (QoS).
    • 52% of respondents said their average CPU utilization is 20-40%.
    • 46% of respondents said that autoscaling rules activate at only 30-50% of CPU usage.
    • The top reasons for not implementing performance optimization solutions include concerns over downtime, R&D manpower requirements, budget restrictions, difficulties in identifying vendors, prioritization of other innovations, and time to value.
    • 90% of respondents stated they would try a solution that would help improve performance while increasing utilization.

    “We conducted this survey to illustrate why utilization thresholds, which were once the norm for on-premise, must now shift based on the flexibility of the cloud,” says Asaf Ezra, CEO and co-founder of Granulate. “As cloud computing becomes more sophisticated and can handle more data at a rapid-fire pace, optimizing infrastructure is key to ensuring robust and consistent performance. This survey shows that IT leaders are keenly interested in realizing the cloud’s potential, both from a compute and cost-saving perspective, but are wary of taking chances on solutions that would be too much of a drain on resources.”

    About Granulate

    Granulate is a real-time, autonomous computing optimization company that delivers reduced compute costs, faster response time, and better throughput, without any code changes required. Granulate’s patent-pending next-generation solution provides AI-driven, infrastructure and workload optimization for robust compute performance and cost improvements in any computing environment, empowering businesses of any size from any industry by bolstering their computing power while slashing computing costs. Companies that have implemented Granulate have reduced compute expenses by up to 60%, benefitting from a 40% response time reduction and 5X increase in throughput. For more information, visit: Granulate.io

  • LeanIX Acquires Leading US SaaS Management Provider Cleanshelf

    With Cleanshelf acquisition, LeanIX is now the first provider in the enterprise architecture industry to offer an out-of-the-box solution for SaaS management

    Bonn Germany and San Francisco, March 24, 2021 — LeanIX, a platform that enables Corporate IT and Product IT teams to plan and manage their Continuous Transformation journeys, today announced the acquisition of Cleanshelf Inc. Headquartered in San Francisco, Cleanshelf is a leading enterprise software-as-a-service (SaaS) management solution with more than 3,000 integrations and it currently manages $700 million in SaaS spend for its customers. The software provides an automated view of all SaaS applications in an enterprise, simplifying management and enabling resource optimization.

    Cleanshelf is a perfect complement to LeanIX’s Application Portfolio Management and solves the problem CIOs and CFOs face keeping track of a company’s decentralized software tooling ecosystem. With the Cleanshelf acquisition, LeanIX is now the first provider in the enterprise architecture industry to offer its customers an out-of-the-box solution for SaaS management.

    The market for SaaS tools has expanded dramatically in recent years. There were just five SaaS providers listed on the stock exchange in 2012, and there are now more than 100. 70 percent of companies are currently investing in SaaS and public cloud offerings and will continue to do so, according to a  recent Gartner I&O Leaders Survey. Whether it’s Zoom, Teams or Slack, COVID-19 has further accelerated the adoption and heavy use of SaaS offerings in enterprises.

    SaaS Management from Cleanshelf Brings Automated Transparency

    The rapid expansion of online subscriptions to a wide variety of SaaS applications is mostly decentralized, making it difficult for companies to keep track of increasing expenditures as well as security and data protection. SaaS spending per employee is continuously increasing, as is the total amount of this spending. For CIOs and CFOs, the use of suitable SaaS management platforms is becoming increasingly important in order to gain transparency over decentralized IT purchases, without losing the benefits of quick access to software applications available online.

    With Cleanshelf, customers save an average of 15 percent of their SaaS spend in the first year by discovering unused licences. The technology is based on extensive integrations with Enterprise Resource Planning (ERP) tools, spend and contract management solutions, identity and single-sign-on (SSO) providers, and automatically identifies SaaS applications used in the enterprise. The combination of over 3,000 integrations with more than three years of training data makes Cleanshelf technology unique. The data is supplemented with individual licence information and KPIs on the use of SaaS tools. This allows companies to optimize licence usage, make the right decisions about licence renewals and identify where application usage is not meeting expectations. Extensive data is also available for IT security to identify which SaaS solutions are not secured with the company’s SSO, and to automate the regular review of user access and terminations.

    Cleanshelf founder and CEO Dusan Omercevic will drive product development in SaaS management as LeanIX VP Product SaaS Intelligence and Managing Director Slovenia. He will also lead the Slovenian office in Ljubljana, which employs a large part of the previous Cleanshelf development team. “We are excited to become part of the LeanIX family,” he emphasised. “We have a strong enterprise focus with our fully SOC2-compliant technology. This vision is a perfect fit for LeanIX – the Google Maps for IT. And, we can deliver immediate value to the entire LeanIX customer base.”

    Cleanshelf investor Dawn Capital becomes a new shareholder in LeanIX. This comes only nine months after an $80 million Series D funding of LeanIX led by Goldman Sachs, and with participation from Insight Partners and DTCP (Deutsche Telekom Capital Partners).

    To implement the acquisition, Cleanshelf was supported by GP Bullhound as exclusive financial advisor. PwC and Mintz acted as legal advisors to LeanIX.

    LeanIX Offers Comprehensive Platform for All IT Areas

    Starting May 1, Cleanshelf’s technology will be available as a new product called “LeanIX SaaS Intelligence” and will primarily support CIOs, CFOs, IT procurement, IT managers and IT security teams in managing all SaaS applications in the company. Enterprise architects will have the SaaS discovery and cataloging functionality available as a free component of the LeanIX Application Portfolio Management module in Q2 2021.

    LeanIX is not only expanding its Continuous Transformation Platform with the Cleanshelf acquisition. Today, the company also introduced its newly developed offering for CTOs and product IT teams – Microservice Intelligence. With Microservice Intelligence, LeanIX enters the fast-growing DevOps space and offers reliable transparency on all microservices, its owners and dependencies with the automated cataloging of microservices.

    LeanIX CEO André Christ said, “We see the increasing trend of IT products being developed in-house. CTOs and DevOps teams need solutions to organize and manage the increasing complexity of microservices without compromising the Agile way of working. Automated cataloging is a smart solution for this.”

    With the SaaS Intelligence and Microservice Intelligence modules, LeanIX now offers IT management and IT teams suitable solutions in addition to its successful Enterprise Architecture Suite and Cloud Intelligence module to enable continuous transformation. The modules of the LeanIX platform can be seamlessly linked with each other, and can be used independently by executives, IT managers, solution architects, DevOps teams and leaders of Cloud Centers of Excellence.

    About LeanIX

    The LeanIX platform promotes continuous transformation and enables Corporate IT and Product IT teams to establish superior governance while efficiently organizing, planning, and managing IT landscapes. From SaaS management and enterprise architecture management to the organisation of multicloud environments and the cataloging of microservices for DevOps teams: LeanIX follows a collaborative and data-driven approach, focusing on speed and control in cloud environments and enabling companies to make sound and fast decisions based on comprehensive data.

    More than 400 enterprises including adidas, DHL, Volkswagen and numerous well-known technology companies such as Atlassian, Dropbox and Workday trust in LeanIX. More than 40 certified partners such as Deloitte and PwC rely on the dynamically growing IT company co-founded in 2012 by CEO André Christ.

    With EA Connect Days, LeanIX has been regularly organizing one of the world’s most important industry events in the field of Enterprise Architecture since 2014. The company, headquartered in Bonn, has additional locations in San Francisco, Boston and Denver (USA) as well as in Ljubljana (Slovenia), Munich (Germany), Utrecht (Netherlands) and Hyderabad (India) and employs more than 350 people worldwide.

    About Cleanshelf

    Cleanshelf is the leading enterprise SaaS management platform focused on tracking, controlling, and benchmarking SaaS applications. The SOC 2-compliant and AI-powered technology help companies save up to 30% on their SaaS spending by automatically identifying unmanaged contracts, duplicate licenses, and wasted cloud software subscriptions. Cleanshelf is based in San Francisco with subsidiaries in Denver and Ljubljana (Slovenia). The company founded in 2017 by CEO Dusan Omercevic has closed an $8 million Series A funding round by Dawn Capital and LAUNCHub Ventures in March 2020.

  • Leanix Launches Microservice Intelligence To Help Manage The Growing Complexity Of Scaling Microservices

    DevOps and engineering teams can automate documentation to boost productivity and build reliable software

    Bonn, Germany & Boston – March 24, 2021 – LeanIX, a platform that enables Corporate IT and Product IT teams to plan and manage their Continuous Transformation journeys, today announced Microservice Intelligence, the latest addition to the LeanIX Continuous Transformation Platform. Microservice Intelligence automatically creates a microservices catalog that integrates with DevOps toolchains to provide 360-degree transparency of all cloud-native applications, ownership and dependencies. Knowing where microservices are deployed, who is responsible and how they support the business enable engineering teams to control complexity, boost developer productivity and build reliable software.

    “Running microservices at scale requires IT organizations to adopt cloud-native application development and bring data from disconnected sources, like CI/CD pipelines and Kubernetes, together,” said André Christ, co-founder and CEO of LeanIX. “To effectively break down information silos, developers and engineering managers must establish shared objectives to get applications from design to production efficiently. Microservice Intelligence provides the transparency to assess and optimize the growing number of microservices, dependencies and owners across the software delivery lifecycle.”

    Today every organization needs to be a software company, and success requires building digital services quickly and with high quality. Agile practices, microservices and cloud-native development are rapidly adopted and used to decompose large monolithic architectures. However, as scale and complexity increase, it isn’t easy to understand the totality and context of all that is happening and where responsibility lies.

    Microservice Intelligence automatically catalogs an organization’s microservice landscape by surfacing and correlating metadata from disconnected toolchains, pipelines and Kubernetes clusters. It provides a 360-degree view to help engineering leaders establish transparency across all microservices and their dependencies. By monitoring critical deployment KPIs such as deployment frequency, mean-time-to-recovery (MTTR) or failure rates, engineering leaders can help increase development efficiency and make software decisions based on data and insights.

    Here is how Microservice Intelligence helps DevOps teams:

    • Increase Visibility: Documentation is fully automated by discovering services built via CI/CD pipelines and deployed to Kubernetes. It creates a knowledge base of ownership and dependencies for development teams. This open and accessible understanding of product service availability and context of responsibilities shortens incident response times.
    • Resource Allocation: With Microservice Intelligence, teams can easily monitor development frequency, MTTR and failure rates of all software services. Having these insights helps balance resource allocation for application improvement or new feature investments.
    • Improve Trust: Microservice Intelligence helps de-risk microservices and quickly establish trust across the entire portfolio. It automatically maps libraries and their versions to microservices to identify and prioritize patches and reduce open-source library vulnerabilities. It helps ensure compliance by detecting and removing copyleft licenses.

    LeanIX Microservice Intelligence comes with out-of-the-box connectors for Kubernetes, Jenkins, GitHub Actions and Openshift. It also integrates with the LeanIX Enterprise Architecture Suite to provide Product and Corporate IT teams with shared data and visibility into how microservices support business capabilities. The task of managing technology risk and obsolete software is greatly simplified and more thorough.

    “Continuous transformation does not stop by migrating to the cloud,” said Christ. “Virtually every company is now a tech company and increasingly is delivering in-house software. Microservice Intelligence helps customers navigate the microservice landscape and reduce the complexity that occurs when decomposing the monolith into more loosely coupled services.”

    For more information about Microservice Intelligence and LeanIX, please visit www.leanix.net.

    About LeanIX

    The LeanIX platform promotes continuous transformation and enables Corporate IT and Product IT teams to establish superior governance while efficiently organizing, planning, and managing IT landscapes. LeanIX follows a collaborative and data-driven approach, focusing on speed and control in cloud environments and enabling companies to make sound and fast decisions based on comprehensive data.

    More than 400 enterprises including adidas, DHL, Volkswagen and numerous well-known technology companies such as Atlassian, Dropbox and Workday trust in LeanIX. More than 40 certified partners such as Deloitte and PwC rely on the dynamically growing IT company co-founded in 2012 by CEO André Christ.

    With EA Connect Days, LeanIX has been regularly organizing one of the world’s most important industry events in the field of Enterprise Architecture since 2014. The company is headquartered in Bonn, Germany with additional offices in Boston, Massachusetts; Munich, Germany; Utrecht, Netherlands; and Hyderabad, India. It has more than 300 employees worldwide.

     

  • CloudBolt Unleashes New Rainmaker Channel Partner Program

    Revenue-boosting program taps into joint marketing initiatives, market development funds, sales performance incentive funds and other incentives for partners to grow their pipeline and create new revenue streams

     

    NORTH BETHESDA, MD, March 23, 2021 — CloudBolt Software, the enterprise cloud management leader, is rolling out its new Rainmaker channel partner program (“Rainmaker”). Rainmaker enables channel partners to increase relevance to their business and customers.  It provides access to best-of-breed hybrid, multi-cloud solutions that support and deliver value across all types of cloud service engagement and to leads for customers needing help as they navigate the white waters of cloud.  CloudBolt’s focus is to ensure it’s partners can deliver maximum value while benefiting from maximum profitability and growth. Backed by Insight Partners, a $30B private equity firm, and with nearly 200 global customers and growing, CloudBolt can ensure that joint customer relationships are strategic, long-term and focused on loyalty.

    The Rainmaker rollout correlates with and facilitates the accelerating shift to an “all things as-a-service” market landscape, where enterprises need a wider variety of technologies and services to meet customers wherever they are on their hybrid cloud, multi-cloud journey. Pushing software and hardware is no longer the value play, but instead delivering white-glove levels of service is the focus.

    “We couldn’t be more excited about Rainmaker,” said Larry Kraft, Senior Vice President, Global Channels and Alliances of CloudBolt Software. “Our partners are at the core of every decision we make as a business…from lab creation to marketing to the potential for partners to maximize their revenue growth. Our recent acquisitions provide us a breadth and depth of capabilities to solve the top challenges in the hybrid cloud market, and our partners can take advantage of this to enhance their offerings and drive sustainable growth.”

    “CloudBolt’s Rainmaker partner program provides the combination of robust margins, growth incentives and industry-leading cloud management solutions, enabling us to help our clients accurately forecast and secure their cloud environments. Pareto’s partnership with CloudBolt has us and our clients excited, as we’ve been able to quickly rationalize, optimize, automate and accelerate cloud strategies”, said Ryan Keese, Chief Revenue Officer at Pareto Cyber.  “In less than a few weeks, we have partnered on a number of strategic deals for clients with an immediate need for comprehensive cloud management, compliance and cost savings.  We look forward to many more.”

    With the launch of Rainmaker, CloudBolt is delivering benefits and incentives to help its partners grow and transform their cloud business, including:

    • 100% of leads being taken to partners

    • Solutions that deliver an unrivaled time-to-value for our customers

    • Maintaining relevance as advisors; CloudBolt helps partners not be single-threaded in accounts, but pivot to critical areas: DevOps, Security, ITOps, FinOps, Infrastructure, Virtualization and Procurement

    • Our Rainmaker framework and approach is flexible — ensuring CloudBolt remains easy to do business with

    With Rainmaker, partners will be positioned for greater success in helping our joint customers be successful on their digital transformation and modernization paths. Rainmaker provides the following benefits:

    • Training and Enablement –  Rainmaker partners are provided with comprehensive on-boarding and training.

    • Financial Benefits – A variety of discounts, renewals, referral fees and sell-through margins.

    • Marketing Support – Partners are equipped with co-branded collateral, campaigns in-a-box, social posts, customizable assets, sponsorships, and have access to market development funds (MDF).

    • Systems – An easy-to-use Partner Portal/LMS facilitates deal registration and provides NFR/Trial Keys for partner labs and access to CloudBolt University for education and certifications.

    • Motivation – CloudBolt provides SPIFFs and monetary incentives to Rainmaker partners to reward activity that helps grow the pipeline and close deals.

    About CloudBolt Software

    CloudBolt Software is the enterprise cloud management leader. With our comprehensive solutions for cloud integrations, self-service IT, cost optimization, and security, we help enterprises simplify complexity and achieve rapid time-to-value anywhere on their hybrid cloud, mult-icloud journey. Our award-winning cloud management platform and codeless integration solutions are deployed and loved by enterprises worldwide. Backed by Insight Partners, CloudBolt Software has been named one of the fastest-growing private companies on the Deloitte Fast 500 and Inc. 5000 lists. In addition, CloudBolt is 2020 CODiE award winner for best cloud management and featured in Gartner’s Magic Quadrant for Cloud Management Platforms. For more information, visit www.cloudbolt.io.

  • DH2i and Nubelity Enter into Strategic Channel Agreement — Expanding DH2i’s Latin America Footprint

    Announce First Joint Customer – Latin American Bank
    DH2i, the leading provider of multi-platform Software Defined Perimeter (SDP) and Smart Availability software, and Nubelity, a globally recognized cloud architecture and cloud transformation specialist, today announced they have entered into a strategic channel agreement. Under its terms, Nubelity will offer DxEnterprise and DxOdysseysoftware as key components of its end-to-end solutions, in order to ensure end clients’ business and IT operations are always on and always secure. Based in Texas, Nubelity is one of the most well-known and highly respected Solutions Providers in Latin America. As such, the agreement will also serve to extend DH2i’s market reach into this robust and rapidly growing region.
    Today, the two companies also announced the deployment of DH2i’s DxEnterprise in a Nubelity end client, a Latin American bank, to help ensure the always-on availability of its cloud-based financial services. More specifically, the bank is using DxEnterprise for SDP-Enhanced Microsoft SQL Server Availability Groups (AGs) on Linux in the AWS cloud. In doing so, the bank can benefit from VPN-less SQL Server AGs on Linux that easily span across platforms, sites, clouds and regions without the risk of using open ports and as much as four times the performance of VPN-based SQL Server AGs.
    “We are delighted with the opportunity to partner with DH2i and to integrate its innovative software into our end client solutions. In doing so, we further our goal to deliver unparalleled cloud solutions for our clients that enable them to optimally run their business while we maximize the IT infrastructure to support it,” said Miguel Meza, Managing Director at Nubelity. “Our bank customer is a prime example of this. DxEnterprise enables the bank to build unified high availability and disaster recovery environments that span across networks — while reducing costs and network attack surfaces by eliminating unnecessary instances and VPN-related security risks.”
    “As one of the most respected cloud strategists in the U.S. as well as Latin America, our partnership with Nubelity provides us with an enviable opportunity to extend our reach into new regions and markets, ripe with promise and opportunity,” said Connor Cox, Director of Business Development, DH2i. “Indeed, Latin America is perfectly positioned to continue making the transition to more efficient work, government processes and even education via digital transformation. Certainly, our joint bank customer is a testament to this fact.” He continued, “We look forward to continuing to work with Nubelity to accelerate our clients’ IT and business goals.”
    Nubelity has joined the DH2i DxAdvantage Partner Program. As a member, Nubelity will be able to drive superior customer outcomes and increase wallet share. Learn more about the DH2i DxAdvantage Partner Program here: https://dh2i.com/become-a-partner/.
    The DH2i AWS Marketplace page detailing product information and current offers can be found here: https://aws.amazon.com/marketplace/seller-profile?id=4e97d4b7-3366-42fd-8be8-732d38c9e24b.
    Tweet this: @DH2i and @nubelity sign strategic channel partner agreement and announce first joint customer – a Latin American bank https://dh2i.com/press/ #HighAvailability #HA #Data #Security #Cloud #AWS
    To learn more about Nubelity, please visit http://www.nubelity.com/en/home/
    To learn more about DH2i, please visit: https://dh2i.com/