HSBC Invests $10M in CloudBees
May 29, 2019

CloudBees secured a $10 million capital investment from HSBC, one of the world’s largest banking and financial services organizations.

HSBC said the investment in CloudBees underscores the importance of DevOps in the bank’s business and technology future.

“We invest in technologies which are strategically important to our business, and which help us serve our customers better,” said Dinesh Keswani, CTO, Shared Services, HSBC. “The DevOps market is growing fast, as organizations like us drive automation, intelligence and security into the way we deliver software. CloudBees is already a strategic business partner of HSBC; we are excited by our investment and by the opportunity to be part of the story of continuous delivery.”

“This investment is indicative of the importance leading companies, such as HSBC, are placing on DevOps,” said Sacha Labourey, CEO and co-founder of CloudBees. “DevOps is the new way to deliver software, enabling organizations to deliver software at the speed of ideas, and allowing organizations to respond more quickly to customer needs and market demands.”

Labourey said CloudBees will use the funding by HSBC to bring new innovation to the DevOps market through its modern software delivery suite, grow its strategic partnerships and accelerate its global business growth organically and through M&A.

Share this

Industry News

May 21, 2020

Exadel announced the Grand Prize winner of the “Appery.io COVID-19 Virtual Hackathon.”

May 21, 2020

CloudBees announced significant advances for its Software Delivery Management (SDM) platform – integrations with additional continuous integration and continuous delivery (CI/CD) engines, including Google Cloud Build and Tekton, and extension of the availability of CloudBees’ SDM Preview Program.

May 21, 2020

OutSystems is announcing over 70 development accelerators that ensure web and mobile applications created on the OutSystems low-code development platform can comply with the highest accessibility standards and regulations.

May 20, 2020

Styra announced that Styra Declarative Authorization Service (DAS) now supports microservices and extends context-based authorization to the service mesh.

May 20, 2020

Optimizely announced that its free feature flagging plan for development teams, Rollouts, now also includes A/B testing and feature configuration.

May 20, 2020

StackRox announced new runtime security features in the latest release of the StackRox Kubernetes Security Platform.

May 19, 2020

Docker has partnered with Snyk to deliver the first, native vulnerability scanning of container images in Docker.

May 19, 2020

Rancher Labs announced the launch of Rancher Academy.

May 19, 2020

Datical, a provider of database release automation solutions, has rebranded and will be conducting operations under the name Liquibase.

May 18, 2020

D2iQ introduced the D2iQ Shortcut to Success promotion. The cost-effective package of technology, training, professional services and support ensures successful Day 2 production operations for Kubernetes at a price point that makes it affordable for companies of all sizes to get started.

May 18, 2020

Altran announced the release of a new tool available on GitHub that predicts the likelihood of bugs in source code created by developers early in the software development process.

May 18, 2020

DigitalOcean closed a $50 million Series C funding round led by Access Industries, with participation from Andreessen Horowitz.

May 14, 2020

Venafi announced a definitive agreement to acquire Jetstack, a provider of open source machine identity protection software for Kubernetes and cloud native ecosystems.

May 14, 2020

SonarSource announced the acquisition of RIPS Technologies, a German startup from Bochum known for its leading code security analyzers.

May 14, 2020

IT Revolution announced The Idealcast — a new podcast series to share insights and solutions for how organizations can thrive during the age of digital disruption.