Orange's early-stage investment fund, Orange Digital Ventures, has invested €3 million in the French start-up, Cycloid.
Launched in 2015, Cycloid offers a platform which “industrialises the DevOps approach”, from code to production, helping companies transition to the cloud and streamline fragmented tools and hosting platforms. The company is also launching an “infrastructure as a code” generation engine.
Cycloid will use the funding to develop a network of indirect partners for its integration and distribution, in France and in Europe. 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.
Into the cloud
Cycloid will be accessible to Orange Group teams and its business partners to help them rapidly simplify tools and improve teams’ operational efficiency.
Marc Rennard, Chairman of Orange Digital Ventures, said, "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.”
Benjamin Brial, founder and CEO of Cycloid, added, “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.”