DEVOPSdigest invited DevOps experts for their predictions on how DevOps and related technologies will evolve and impact business in 2019. Part 2 covers DevOps culture and people ...
Snapt Secures $3 Million in Series A Funding
December 06, 2018
Snapt announced $3 million in series A funding.
This new investment will be used to expand sales and marketing efforts globally, including expansion of its US presence and worldwide channel program, in addition to key research and development initiatives.
As Snapt continues to innovate in the ADC market, the company is working to address the changing nature of network architecture in response to growing data and security concerns, while developing new protocols that define how applications are delivered.
Existing investor Convergence Partners, a prominent impact investment management firm focused on the ICT sector in Africa, has been joined by two additional investors who also see great potential in Snapt’s technology; Nedbank Ltd, through its Corporate and Investment Banking division, which focuses on disruptive innovation, and Sanari Capital, specializing in high-growth emerging market opportunities.
“Our continued investment in Snapt is due to our belief in their vision that there is a software revolution happening, and that their software-based ADC helps developers take advantage of this and optimize their applications and infrastructure at the root,” said Andile Ngcaba, Chairman, Convergence Partners. “We look forward to working with them during their expansion into new markets and opportunities.”
“Snapt offers a new approach to the ADC market, and has made great progress building a solid product,” said Johann van Zyl, of Nedbank CIB’s Venture Capital business. “We are impressed by their strong customer traction in enterprise, and are aligned with their vision of a software-based ADC for DevOps. We see tremendous room for innovation as organizations move to the cloud and deploy containers and other new infrastructure. We look forward to partnering with the very dedicated Snapt team during this next phase of growth.”
“Snapt’s understanding of what today’s networks and engineers need has positioned them at the front of the market for DevOps, enabling modern architecture while benefiting from leading-edge ADC technology,” said Samantha Pokroy, CEO at Sanari Capital. “The team combines its technology leadership with a strong focus on execution and scalability.”
The Latest
December 13, 2018
DEVOPSdigest's annual list of DevOps Predictions is one of the most popular series of content on DEVOPSdigest. DevOps experts offer thoughtful, insightful, and sometimes controversial predictions on how DevOps and related technologies will evolve and impact business in 2019 ...
December 11, 2018
Companies expect increased reliance on Cloud Native Applications (CNAs), however security concerns could prove to be a major obstacle, according to The State of Cloud Native Security ...
December 06, 2018
The general consensus tends to be that in the world of agile and DevOps, ITSM teams are increasingly being left behind. But the truth is, in more forward-thinking IT organizations, this isn’t the case. The fact is that ITSM is playing, or at least should play, a growing role in support of agile and DevOps initiatives. But this role still remains limited due to the fact that DevOps teams, and their management, are (more often than not) leaving them out as a tool of choice ...
December 05, 2018
The industry is revealing increasingly optimistic attitudes towards mainframes, with 93% of executives and 92% of all respondents viewing the mainframe as a strong long-term platform – the highest level in five years – according to the 2018 Mainframe Research Report from BMC ...
December 03, 2018
ActiveState surveyed developers and programmers in 92 countries to better understand their pain points and assess how businesses can better work with their organizations. The survey results establish a starting point for understanding the challenges that coders confront when working with open source runtimes ...
November 29, 2018
Organizations with established DevSecOps programs and practices greatly outperform their peers in how quickly they address flaws. The most active DevSecOps programs fix flaws more than 11.5 times faster than the typical organization, due to ongoing security checks during continuous delivery of software builds, largely the result of increased code scanning, according the latest State of Software Security (SOSS) report from CA Veracode ..
November 27, 2018
The push to make banking products digitally ready (and very quickly) has spurred the old “buy vs. build” debate in bank IT departments: Should we build our own software from scratch in-house? Or do we buy off-the-shelf solutions from third-parties? And while this dichotomy may have been a suitable mentality years ago at the start of the digital transformation revolution in banking, it simply no longer fits with the reality of today's more complex development landscape ...
November 26, 2018
With the rise of next-generation technologies, businesses have access to more data than ever, creating opportunities to develop new channels for revenue. Contributing to the increase in data is a growing reliance on the external supply chain. However, with the influx of data comes the necessity to understand the entire third-party ecosystem; its benefits and risks. Some of the most devastating breaches have been attributed to a third party ...
November 20, 2018
In today's digital economy, monitoring is a must. Your customers must be able to access your website and your apps, interact, purchase — and monitoring is one way to make sure this keeps happening. But the first question has to be: What should be monitored? With this in mind, APMdigest asked experts from across the IT industry for their opinions on what IT departments should be monitoring to ensure digital performance ...
