- Codefresh, a Kubernetes DevOps tools leader, announced that it has raised $27 million
Codefresh — a leader in Kubernetes DevOps tools founded in 2014 by Raziel Tabib and Oleg Verhovsky — announced that it has raised $27 million in a new round of funding led by Red Dot Capital Partners with participation from Shasta Ventures and existing investors.
Including this round of funding, Codefresh has raised $42 million. In connection with this funding round, Red Dot Capital Partners managing partner Yaniv Stern will join the Codefresh board of directors and Shasta Ventures partner Isaac Roth is joining the advisory board. Roth is known for previously creating and growing Red Hat’s Kubernetes platform OpenShift.
Kubernetes is becoming the standard way to run cloud-native applications. And Codefresh serves as a key DevOps tool that both accelerates and simplifies Kubernetes adoption and helps teams get the most out of these cloud-native technologies.
This container-based approach enables Codefresh to be both git- and cloud-agnostic. And in a time when git and cloud providers are trying to expand their footprint in CI/CD, Codefresh’s agnostic approach means their platform works well in any organization and allows each team to pick the best tools for their needs.
During these uncertain market conditions, DevOps and CI/CD are only becoming more critical as teams look to automation to drive efficiency and to platforms like Codefresh that can provide visibility to distributed teams. And this new C round of funding will enable Codefresh to accelerate growth and push their competitive advantages further.
Key Quotes:
“Demand for a modern DevOps platform that helps engineering teams adopt and optimize workflows for Kubernetes is very high. Our continuous integration and delivery platform accelerates our customer’s migration to Kubernetes, eliminates the cost of maintaining legacy tool chains and leverages cloud-native technology practices to speed up software delivery.”
– Raziel Tabib, CEO of Codefresh
“Codefresh is light years ahead of other CI/CD platforms on Kubernetes. Their deep integrations into Kubernetes, git/cloud-agnostic architecture, and user experience are making Codefresh the default CI/CD for Kubernetes. This is especially true in an industry that has been dominated for years by complex and outdated tooling.”
– Shasta Ventures partner Isaac Roth
“Codefresh offers an end-to-end pipeline capability. It is Kubernetes-native, applying container-based principles to the actions of CI/CD.”
– GigaOm VP of Research Jon Collins
