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Orange Digital Ventures Invests in DevOps Startup CycloidBroadband World News, , 3/28/2019
PARIS -- Orange Digital Ventures has invested €3 million ($3.4 million) in French start-up Cycloid, creator of a DevOps platform designed to make it faster and easier for companies to transition to cloud and the DevOps process. These funds will allow Cycloid to develop its business in both France and across Europe, and extend its network of service and technology partners. Since 2015, Cycloid has bridged the gap between teams, cloud infrastructures, applications and the many existing tools. This platform industrializes the DevOps approach between developers and administrators, while accommodating each person's skills, thanks to a suite of functionalities compatible with the existing tools integrated in a collaboration and control interface. "This investment is a new step in Cycloid's mission to support the adoption of DevOps and the cloud by constantly pushing the boundaries of agility and automation without ever compromising on openness, neutrality, interoperability and security, allowing everyone to focus on added-value tasks," said Benjamin Brial, founder and CEO of Cycloid. "Orange Digital Ventures is the right partner to expand our platform to all companies transitioning to the cloud, in Europe and worldwide in the future." To make further technological progress, Cycloid is slated to launch an "infrastructure as a code" generation engine from an architecture diagram. This platform addresses three main situations: companies' major transition to the cloud, a shortage of the most competent resources and organizational changes to teams, and the increasing fragmentation of tools and hosting platforms. Cycloid also is developing a network of indirect partners for its integration and distribution, in France and the rest of Europe, to offer a holistic approach: organization, service and platform. In line with its position as an Advanced Technology Partner for Amazon Web Services, Cycloid will deploy new technological partnerships to guarantee complete interoperability with clients' existing environments and tools. Orange is therefore welcoming a new player into its innovation ecosystem and confirms its leading position in DevOps transformation: Cycloid will be accessible to Group teams and its business partners to rapidly simplify tools and improve teams' operational efficiency. Amongst the few French companies certified as an AWS ATP, Cycloid targets key accounts wanting to automate their DevOps approach by providing missing components as well as small teams looking to equip themselves from end-to-end. "We are proud to support a future French leader in a fast-growing industry," said Marc Rennard, chairman of Orange Digital Ventures. "Thanks to its network of partners, Cycloid has a unique ability to respond to the challenges of small companies seeking greater agility, as well as major companies undergoing complete transformation." |
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