There's A Lot of Opportunities
This week we take a look at recent funding, mergers, and acquisitions related to platform engineering.
Summer has arrived. This week, Fudge Sunday will be shorter than usual.
Now let’s look at a few recent funding, mergers, and acquisitions that relate to platform engineering.
Machine learning operations (MLOps) has just a few references 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!
Austin-based Striveworks, which builds MLOps tools for training AI models and cleaning data, raised $33M from Centana Growth Partners, its first outside funding
By Ingrid Lunden / TechCrunch. View the full context on Techmeme.
Cortex, which sells an internal developer portal for teams making software at scale, raised a $35M Series B led by IVP, taking its total funding to nearly $53M
By Frederic Lardinois / TechCrunch. View the full context on Techmeme.
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!
I’m pleased to share today’s announcement that IBM Consulting intends to acquire Agyla.Cloud – a leader in hybrid multicloud integration and cloud platform…
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!
NYC-based NetBox Labs, whose open-source tools help manage and automate networks, raised a $20M Series A after spinning out of NS1, which IBM acquired in March
By Paul Sawers / TechCrunch. View the full context on Techmeme.
So, what will be the next big thing in funding, mergers, and acquisitions related to platform engineering?
Until then… Place your bets!
As a reminder, after a +25 year walkabout, I’m an IBMer (again). For 2023, in “Work Plug”, I share a new link each week that is educational, accessible, and relevant to platform engineering from fellow IBMers in the wider IBM Community.
I am linking to my disclosure.