Source: Cloudify
The first exit of 2023? Dell admits that it acquired the Israeli startup Cloudify, which develops automation systems for management processes of cloud-based applications, after a report in the American media.
Life is easier for DevOps
The IT people have to do many processes every day when their organization or company moves to different cloud applications, such as backup, update, adding different applications and services. Sometimes, each of these operations occurs on a different system and creates disorder. Cloudify’s system promises to make the automation process even for the most complex networks, easy and simple in one dashboard. This way DevOps engineers can easily control and manage different services and processes in different systems ranging from Terraform, Kubernetes and ServiceNow to Jenkins or Azure.
In the past, Nati Shalom, co-founder and CTO of Cloudify, told Gigtime that the uniqueness of the company’s product lies in the fact that the user defines what he wants to happen at the end of the automation process, and not the way he will get there, “Other solutions often actually require the IT person to program his way so that next times they happen automatically, while the idea of Cloudify makes it possible to jump over this hurdle,” he said.
Now the TechCrunch website reports that Dell has acquired the Israeli startup, to strengthen the services it offers in the cloud for DevOps. The companies did not officially announce the purchase, but after contacting the site, a Dell spokesperson admitted that the company had indeed purchased the Israeli startup. The companies did not disclose the amount of the deal, but according to TechCrunch’s sources, Dell paid about 100 million dollars for the Israeli startup. Dell and VMware offer various cloud service management products such as VMware Cloud Director, which actually competed with Cloudify’s products.
Beginning as a spin-off from a startup
Cloudify was founded in 2014 by Nati Shalom and other founders, as a spin-off from GigaSpaces, another company founded by Shalom in 1999. Cloudify’s headquarters is in Herzliya, and the company also has offices in the US. According to Pitchbook data, the company has raised about $8 million since its founding, with $7 million of it in its only public fundraising round in 2018. Among its investors are VMware, KPN Ventures, Intel Capital and Clardige Israel. Today, the company employs several dozen people, with Ariel Dan, one of the founders of Proticor, which was acquired by Intuit, serving as the company’s CEO and Nati Shalom Mekohen as the CTO. The company’s employees will join Dell’s research and development center in Israel, which was established in 2010 after the acquisition of the startup Exanet.