Cycloid is thrilled to announce that we have successfully raised $5,000,000 in our latest funding round, a pivotal milestone that paves the way for accelerated innovation and enhanced sustainable technology solutions. At Cycloid, our commitment is to promote efficient infrastructure and software delivery while championing digital sobriety—a commitment that has resonated with investors who share our vision for a future where technology and sustainability coexist harmoniously. This injection of capital will be devoted to expanding our cutting-edge platform engineering capabilities, designed to alleviate the cognitive load on IT teams and empower platform teams to design, build, and operate dynamic infrastructures with greater ease and efficiency.
Our platform not only provides users with easy-to-navigate DevOps and cloud automation tools without needing to become experts but also integrates essential modules for FinOps and GreenOps, ensuring that cloud expenses are kept under control and environmental impacts are minimized. With this funding, Cycloid will enhance our platform's self-service capabilities, orchestration, and infrastructure as code solutions, all the while upholding industry best practices. Furthermore, we plan to invest in our open-source initiatives, including projects like TerraCognita, reverse Terraform, InfraMap, infra diagram, and Terracost, which continue to foster a community of innovation and sustainability management across diverse industries.
This funding marks an exciting step forward for Cycloid, enabling us to further our mission of creating a lasting positive legacy in the digital ecosystem while advocating for a more environmentally aware approach to platform engineering. We look forward to driving transformative change and supporting our clients and the broader IT community with advanced, sustainable solutions that meet today’s challenges and tomorrow’s needs.
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