Orange Digital Ventures invests in Cycloid, a DevOps platform which makes it quick and easy for companies to transition to the DevOps approach and to the cloud
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.”
Founded in 2015, Cycloid’s offer is based around a DevOps platform. It covers the entire DevOps cycle, from coding to production. You will find an Infrastructure as Code WYSIWYG, a service catalogue, an embedded CI/CD with Concourse, Ansible, Pacer, K8S, Terraform, a centralised monitoring, log, events and security system, a global presentation of the infrastructure and applications, and financial tracking. The platform is available as a public SaaS, on-premise and dedicated SaaS. Amongst the few French companies certified as an Advanced Technology Partner by AWS, the company 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.
For more information, visit www.cycloid.io
About Orange Digital Ventures
Orange Digital Ventures is an international early-stage technology investment fund worth €125 million. It invests in innovative start-ups in connectivity, networks, SaaS for companies (cloud, AI, big data, cybersecurity, etc.), FinTech and the Internet of Things. Supported by the Orange group, the fund offers “smart money” by helping to create synergies with various business units and its 263 million customers in 29 countries.
For more information, visit digitalventures.orange.com or follow us on Twitter @Orange_DV.
Orange is one of the world’s leading telecommunications operators with sales of 41 billion euros in 2018 and 148,000 employees worldwide at 30 September 2019, including 88,000 employees in France. The Group has a total customer base of 268 million customers worldwide at 30 September 2019, including 209 million mobile customers and 21million fixed broadband customers. The Group is present in 26 countries. Orange is also a leading provider of global IT and telecommunication services to multinational companies, under the brand Orange Business Services. In December 2019, the Group presented its new "Engage 2025" strategic plan, which, guided by social and environmental accountability, aims to reinvent its operator model. While accelerating in growth areas and placing data and AI at the heart of its innovation model, the Group will be an attractive and responsible employer, adapted to emerging professions.
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