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There's A Lot of Opportunities

June 18, 2023 by Jay Cuthrell mlops devx

Music: Pet Shop Boys - Opportunities (1986)

https://open.spotify.com/track/4jgdKiZhbD6BlVMhCf4NJH?si=1dcdb69998d74c72

This week we take a look at recent funding, mergers, and acquisitions related to platform engineering.

Getting Informed

Summer has arrived. This week, Fudge Sunday will be shorter than usual.

Buttondown has added newsletter features I am testing. For example, my “Music” section will display a Spotify card from Fudge Sunday playlist and a long running survey will at the end of each email.

Now let’s look at a few recent funding, mergers, and acquisitions that relate to platform engineering.

Ask yourself this question: Do you want to be rich 🎶

Machine learning operations (MLOps) has just a few references^[1] in Fudge Sunday but it is reasonable to expect funding for MLOPs companies to increase in the coming years. So, congrats to the Striveworks team on their new funding!

https://www.techmeme.com/230613/p16#a230613p16

You might recall several companies referenced in Do You Need the Service Catalog will see more funding in the coming years. So, congrats to the Cortex team on their recent round!

https://www.techmeme.com/230531/p36#a230531p36

I’m looking for a partner, regardless of expense 🎶

Meanwhile, in addition to funding there have been a few mergers and acquisition activities — sometimes both. For now, I’ll briefly discuss a couple.

First, platform engineering isn’t limited to specific countries or regions — it is global. So, here’s to a warm welcome to the Agyla SAS team!

https://www.linkedin.com/feed/update/urn:li:activity:7074719647400390656

Second, platform engineering fuses multiple disciplines and technologies for the benefit of ongoing improvements in the developer experience. So, here is a double duty warm welcome to NS1 and hearty congrats to the NetBox Labs team on their funding!

https://www.techmeme.com/230413/p30#a230413p30

So, what will be the next big thing in funding, mergers, and acquisitions related to platform engineering?

Until then… Place your bets!