Red Hat unveiled updates across its portfolio of developer tools designed to help organizations build and deliver applications faster and more consistently across Kubernetes-based hybrid and multicloud environments.
Propelo publicly launched an AI-driven engineering excellence platform to help businesses accelerate their software delivery.
As most industries transform to become software-driven, modern engineering teams are leading the charge to make digital transformation a reality. However, the proliferation of DevOps tools and hybrid work has made it more challenging for engineering leaders to run their teams effectively.
Today, many organizations operate on gut and instinct. The best-of-breed solutions are siloed dashboards or hacked together expensive BI systems. None of these approaches provide deep enough insights to drive immediate actions. This puts a heavy burden on busy development teams and takes time away from developers building new features.
To deliver software faster, modern engineering teams need good decision-making coupled with intelligent automated action. Propelo brings these two important elements together - an AI-driven intelligence module to help reach sound data-backed conclusions and a no-code RPA module to make this intelligence actionable, thus reducing the task burden on the developers.
Propelo's Founder & CEO Nishant Doshi, a former VP of engineering at Palo Alto Networks, was responsible for three high-growth product lines and managed hundreds of engineers. He's assembled a veteran team of engineering leaders from Checkr, GitLab and ServiceNow
"In my previous role as VP Engineering at Palo Alto Networks, my job was to ensure that we made sound decisions and drove efficiencies in every aspect of our software delivery pipeline. One needs to think about all stakeholders in product creation including security, product management, and support" said Nishant Doshi. Propelo.ai addresses this gap in the engineering stack by industrializing an AI-driven approach that fuses intelligent analytics with smart automation to speed up software delivery.
Propelo is a purpose-built solution that elevates the engineering team to operate at a higher excellence level, brings multiple stakeholders and personas across development, quality assurance, DevOps, security, product management on the same page and fosters transparency.
Propelo's platform connects the dots across 40+ DevOps tools and provides out-of-the-box insights. These insights are connected to no-code RPA playbooks called "Propels'' that automate actions, providing an intelligent response based on the data.
Propelo raised 12M Series A from Decibel Partners, with participation from existing investors such as Fika Ventures, Eniac Ventures, and Fathom Capital to build an AI-driven engineering excellence platform to solve this problem. This brings the total amount raised through the Seed and Series A rounds to $16M. Propelo also announced the following advisors and investors to help shape their vision, including Michael Stoppelman, Former SVP of Engineering at Yelp; Rinki Sethi, CISO at Twitter; Naveen Zutshi, CIO at Palo Alto Networks; and David Schneider, Former President at ServiceNow.
"In a hybrid/remote work first world, it is critically important to take steps to operate the software teams efficiently and effectively. Propelo's ability to analyze the entire DevOps tool stack, provide predictive insights and drive improvement through workflow automation is a DevOps game-changer for modern engineering teams," said Dan Nguyen-Huu, Partner at Decibel Partners.