Codefresh Raises $8M in Funding
June 27, 2018

Codefresh completed an $8M series B funding round led by M12, Microsoft’s venture fund, with participation by Viola Ventures, Hillsven and CEIF. Early investors include UpWest Labs and Streamlined Ventures, bringing the total investment in Codefresh to $15.1M.

By investing in Codefresh, M12 signals a strong interest in container orchestration and believes Codefresh has the ability to accelerate Kubernetes adoption.

“Codefresh is uniquely designed to help teams build automated pipelines to deliver their software on top of Kubernetes,” said Mony Hassid, GM and Managing Director of EMEA at M12. “We’ve invested in Codefresh because they have built innovative solutions that enable enterprises to successfully adopt Kubernetes.”

Codefresh eases Kubernetes adoption and allows developers to automate their application deployment to Kubernetes in as little as 10 minutes. Once migrated, teams experience up to 24X faster development times.

“When we adopted Kubernetes we found that the old CI/CD tools didn’t fit. By adopting Codefresh, we were able to get our entire team deploying to Kubernetes right away,” said Anthony Johnson, CTO, GIPHY, a Codefresh customer.

According to Dan Kohn, Executive Director of the Cloud Native Computing Foundation (CNCF), “Codefresh has been a pioneer in advocating for robust CI/CD platforms for Kubernetes, and we look forward to continue working with them to grow the cloud-native ecosystem.”

451 Research forecasts a container market of $2.7B by 2020, and Kubernetes’ adoption has begun in over 80% of the enterprise container market, indicating an industry-wide resolve that efficient and scalable cloud-native application deployment is essential to business success.

“The meteoric rise of Kubernetes is happening so fast that most toolchains haven’t kept up, and M12 knows it,” said Raziel Tabib, Codefresh co-founder and CEO. “With this latest round of funding we’re going to aggressively accelerate our roadmap and expand our customer base.”

Share this

Industry News

April 18, 2024

SmartBear announced a new version of its API design and documentation tool, SwaggerHub, integrating Stoplight’s API open source tools.

April 18, 2024

Red Hat announced updates to Red Hat Trusted Software Supply Chain.

April 18, 2024

Tricentis announced the latest update to the company’s AI offerings with the launch of Tricentis Copilot, a suite of solutions leveraging generative AI to enhance productivity throughout the entire testing lifecycle.

April 17, 2024

CIQ launched fully supported, upstream stable kernels for Rocky Linux via the CIQ Enterprise Linux Platform, providing enhanced performance, hardware compatibility and security.

April 17, 2024

Redgate launched an enterprise version of its database monitoring tool, providing a range of new features to address the challenges of scale and complexity faced by larger organizations.

April 17, 2024

Snyk announced the expansion of its current partnership with Google Cloud to advance secure code generated by Google Cloud’s generative-AI-powered collaborator service, Gemini Code Assist.

April 16, 2024

Kong announced the commercial availability of Kong Konnect Dedicated Cloud Gateways on Amazon Web Services (AWS).

April 16, 2024

Pegasystems announced the general availability of Pega Infinity ’24.1™.

April 16, 2024

Sylabs announces the launch of a new certification focusing on the Singularity container platform.

April 15, 2024

OpenText™ announced Cloud Editions (CE) 24.2, including OpenText DevOps Cloud and OpenText™ DevOps Aviator.

April 15, 2024

Postman announced its acquisition of Orbit, the community growth platform for developer companies.

April 11, 2024

Check Point® Software Technologies Ltd. announced new email security features that enhance its Check Point Harmony Email & Collaboration portfolio: Patented unified quarantine, DMARC monitoring, archiving, and Smart Banners.

April 11, 2024

Automation Anywhere announced an expanded partnership with Google Cloud to leverage the combined power of generative AI and its own specialized, generative AI automation models to give companies a powerful solution to optimize and transform their business.

April 11, 2024

Jetic announced the release of Jetlets, a low-code and no-code block template, that allows users to easily build any technically advanced integration use case, typically not covered by alternative integration platforms.

April 10, 2024

Progress announced new powerful capabilities and enhancements in the latest release of Progress® Sitefinity®.