News Update

Dell acquires Cloud services startup Cloudify for $100 million

• ByStartupStory     |    January 27, 2023

Dell Technologies has purchased Israeli cloud orchestration and infrastructure automation startup Cloudify, investing around $100 million to enhance its cloud cloud services business and offerings in DevOps.

Cloudify is an open source, multi-cloud orchestration platform featuring unique technology that packages infrastructure, networking, and existing automation tools into certified blueprints. Originally the startup was spun out from GigaSpaces in 2017. The startup raised less than $8 million, according to PitchBook data.

In a company statement, a company spokesperson said “ The company has completed the acquisition of Cloudify.This transaction allows Dell to continue to innovate our edge offerings”

Dell referred to issuing class C common stocks in a US SEC filing “in respect of certain outstanding and unvested options to acquire the ordinary shares of Cloudify Platform Ltd., an Israeli private liability company.”

Cloudify offers environment-as-a-service packages that combine infrastructure, networking, and automation tools into certified blueprints for managing multi-cloud environments on a large scale. Its technology ecosystem includes partnerships with major cloud providers such as Amazon Web Services, Google Cloud Platform, Microsoft Azure, F5, Wind River Software, and ServiceNow.

Dell has been active in Israel since acquiring Exanet in 2010, which formed the basis of an R&D operation in the country. For a while now Dell has been looking forward to acquisition. 

About Cloudify:

Cloudify offers a solution for engineers facing challenges in managing network and data infrastructure in large organizations. It presents a platform that allows integration and management of various products, such as Ansible, Terraform, Kubernetes, ServiceNow, Jenkins, Azure, ARM and TOSCA, and automates the process of their coordination.

 

 

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