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.
Founded in 2015, Cycloid’s offer is based around a DevOps platform. It covers the entire DevOps cycle, from coding to production. Cycloid bridges 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.
Benjamin Brial, founder and CEO, 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.
Marc Rennard, Chairman of Orange Digital Ventures
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.
