The Israeli startup is exploding with the raising of tens of millions of dollars

by time news

Dollar (freepik photo)

Company Blink, Which develops a platform for operating the cloud environment, has announced a $ 26 million capital raising. The round was led by Keren LightspeedWith the participation of the funds Entrance Capital, Hertz Ventures, INT3 And other private investors.

Blink was founded about a year ago by Gil Barak (CEO), one of the founders Secdo, Which was acquired by Palo Alto for $ 100 million in 2018. Lovable head (CTO), Who served as the chief architect of ServiceNow And the branch manager of Israel and Zion Zetlawi (CBO), The initial founding team of Secdo And currently leads the company’s marketing and sales systems in the United States.

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The day-to-day operation of the cloud environment in organizations creates repetitive tasks that burden the operations and development teams. Blink has developed a platform low-code/no-codeDesigned primarily for my staff DevOps and- SecOps, And helps organizations operating in a cloud environment simplify and streamline day-to-day operations. This is done by producing automation adapted to the unique processes of the organization, and connecting the cloud infrastructure to external services through tens of thousands APIs And all this without the need for the user to write code.

Blink’s platform is used by companies whose activities are based on the cloud environment, including financial institutions, cyber companies and digital marketing in the United States and Europe. The company employs 30 people in a development center in Israel and the United States. The investment money will be used to expand operations and recruit employees, especially in Israel.

“While working on Palo Alto Networks and- ServiceNowWe understand that the security andIT Sustainability was designed and built for companies that arose in the pre-cloud era. Which also forced skilled developers to spend time writing manuals and on proper tasks and securing their cloud environments, “explains Gil Barak, co-founder and CEO of Link. “In 2022 every company is a cloud company so this challenge is a fundamental challenge of any organization.”

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According to Tal Morgenstern, a partner at the Lightspeed Foundation: “Blink’s founders bring with them extensive experience in the field, having built successful security and cloud infrastructure companies. We are excited to partner with the company’s team to provide the de facto standard for cloud operations. low-code/no-code Is a core area of ​​Lightspeed, as well as addressing audiences DevOps and- SecOps. We believe that automation is the only way to address the shortage of talented high-tech manpower and the growing complexity of the modern business environment. ”

“We set up the Blink To help operational teams achieve greater efficiency in their day-to-day work, by creating automated workflows in all the cloud tools they use, ”says Habib Rosh, co-founder andCTO In Blink. “Platform adoption low-code/no-code Our failure, allows the teams ofDevOps And theSecOps Be more productive, shift their focus to more complex tasks, and maintain the stability and speed of the organization’s cloud operations. ”

In addition to the leading venture capital funds that have invested in Blink, the company has a strong group of entrepreneurs and serial investors, such as: Ariel Meislos, Shai Morag, Ofer Ben-Nun, Gil Shai, Ofer Erlich, Yair Weinberger, Danny Grinder, Assaf Hefetz and Yuval Cohen.

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