Orange Digital Ventures has invested €3 million in the French start-up Cycloid. These funds will allow the start-up to develop its business in France and 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 industrialises 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. In order to make further technological progress, Cycloid is launching a new innovative functionality, 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 organisational changes to teams, and the increasing fragmentation of tools and hosting platforms.
Cycloid is also developing a network of indirect partners for its integration and distribution, in France and in Europe, to offer a holistic approach: organisation, service and platform. In line with its partnership with Amazon Web Services, Cycloid will deploy new technological partnerships to guarantee complete interoperability with the environments and tools already deployed by its clients.
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.
Benjamin Brial, founder and CEO of Cycloid: “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. 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.”
Marc Rennard, Chairman of Orange Digital Ventures states: “we are proud to support a future French leader in a fast-growing industry. 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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