- Armory — a software company known for commercializing Spinnaker — recently announced it raised $28 million in Series B funding
Armory — an enterprise software company known for commercializing Spinnaker (an open-source continuous delivery platform from Netflix and Google) — recently announced it raised $28 million in Series B funding led by Insight Partners. This round of funding included follow-on investments from all existing investors including Crosslink Capital, Bain Capital Ventures, Mango Capital, YCombinator and Javelin Venture Partners.
In conjunction with the funding, Armory also announced that Insight Partners managing director Lonne Jaffe is joining the board. With this round, Armory has raised over $42 million to date. And this funding round will be used for increased R&D around Spinnaker as well as investments in sales, marketing, support, and training.
“The most progressive Fortune 500 companies recognize they must invest in software delivery infrastructure to thrive in the coming decade,” said Armory CEO DROdio (Daniel Rubén Odio). “A company’s ability to innovate is now dictated by its level of competency in DevOps and adoption of hybrid and public cloud infrastructure. Spinnaker is the only continuous delivery platform backed by Amazon, Google, Microsoft, Oracle and Pivotal, and Armory is the only provider of an enterprise-grade version with full support and services. We welcome Lonne Jaffe from Insight Partners to our board to help unlock enterprise value for the Spinnaker community and Armory’s customers.”
“Spinnaker is quickly emerging as the world’s leading continuous delivery platform,” added Jaffe. “Armory is bringing Spinnaker’s powerful open source technology – including capabilities like canary deployments that limit the blast radius of production errors, one-click rollback capabilities and immutable deployments across multiple public and private clouds – to enterprises across the world. We’re excited to work with the seasoned executive team of Armory and to provide them with capital and support to rapidly scale-up.”
Spinnaker is an open-source and multi-cloud continuous delivery platform for releasing quality software quickly and efficiently. And it is the only open source continuous delivery platform being actively contributed to by all of major cloud providers for releasing quality software with safety and velocity. And it has been tested in production by hundreds of teams over millions of deployments. Spinnaker’s core functions are application management and application deployment. The application feature allows users to view and manage cloud resources while application deployment manages continuous delivery workflows.
Spinnaker unites a pipeline management system with multiple cloud integrations and it is compatible with most major cloud providers including AWS EC2, Kubernetes, and Microsoft Azure.
This funding round validates the importance of effective software delivery as well as Armory’s approach to empowering companies including Global 2,000 customers with a combined market capitalization of $1.32 trillion.
“Amory understands how data powers both cloud and digital transformation, which is important to Informatica as we help our customers unleash the power of their data to accelerate innovation,” noted Bill Burns — the chief trust officer and VP of cloud business transformation strategy at Informatica. “Armory’s expertise, training and support have been valuable to help us jumpstart our Spinnaker journey. Armory’s platform helps us boost development productivity, reduce risk and ensure our deployments are more trustworthy.”
