- Weaveworks — the company behind GitOps — announced it has raised $36.65 million in Series C funding. These are the details.
Weaveworks — the company behind GitOps — announced it has raised $36.65 million in Series C funding led by Amazon Web Services (AWS), Ericsson, Orange Ventures, SonaeIM and Telekom Investment Pool (TIP). And the round also includes follow-on investments from Accel, GV, and Redline Capital. Including this round of funding, the company has raised $60 million.
With this round of funding, Weaveworks will 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.
Weaveworks CEO Alexis Richardson said that the investors have come together to invest in their vision for the future of Kubernetes and cloud native management technologies, powered by Weaveworks’ GitOps.
As enterprises and telecom companies transform their legacy infrastructure by adopting cloud native, the need for massive scale using a reliable, secure, and standards-based operating model has never been more pressing. And highly distributed 5G and edge deployments demand continuous updates and upgrades to match fast-changing market needs.
KEY QUOTES:
“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 CEO Alexis Richardson
“We know from our experience across various sectors that enterprises who are able to deliver software continuously, scalable and safely are outgrowing competition and unlocking innovation. Weaveworks attracted our attention as the originator of GitOps, a battle tested operating model for large scale implementations of Kubernetes across cloud, on premise and at the edge.”
— Carlos Alberto Silva, Executive Board member, SonaeIM
“Weaveworks GitOps approach is unique because it delivers a dynamic and agile method for operating applications with a strong foundation of security, reproducibility and auditability. We believe this will be attractive to enterprises and telecommunications companies as they need a consistent deployment framework for applications and infrastructure across their multiple on-premise and cloud environments.”
Dr. Till Stenzel, Managing Director of Telekom Innovation Pool (Deutsche Telekom’s strategic investment fund)
“We are working with dozens of the world’s largest communications service providers to deliver more sophisticated consumer services using containerized 5G services. We are investing in Weaveworks to accelerate the shift to software-defined services that work across data centers, cloud, hybrid cloud and edge environments.”
— Paul McNamara, VP of Corporate Development, of Ericsson
“As global telecoms ramp up to deliver high-speed 5G applications and services, and enterprises build and operate cloud-native applications, the need for a reliable, secure and standards based operating model is more important than ever. GitOps is that operating model for large scale cloud native implementations across environments and serves as the backbone of the Weave Kubernetes Platform (WKP).”
— Remi Prunier, Investment Manager, Orange Ventures (the venture capital fund of Orange)
