Dell acquires Israel's cloud services start-up Cloudify for 100 million dollars

By B2B Desk | Jan 27, 2023

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Dell Technologies has acquired Israeli startup Cloudify that is known for cloud orchestration and infrastructure automation.

According to reports, Dell spent close to 100 million dollars in buying the startup to boost its cloud services business, specifically its offerings in DevOps.

According to a corporate representative, Dell Technologies "has closed the acquisition of Cloudify,".

The spokesperson said, "This purchase enables Dell to continuously enhance our cutting-edge service.

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

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 dollars, according to PitchBook data.

Cloudify's environment-as-a-service packages infrastructure, networking, and automation tools into certified blueprints that it says its customers can use to manage heterogeneous cloud environments at scale, and to help bridge the gap between DevOps and IT service management (ITSM).

Cloudify includes in its technology ecosystem such partners as Amazon Web Services, Google Cloud Platform, Microsoft Azure, F5, Wind River Software, and ServiceNow.

Also Read: Rigi raises 12.3 million dollars funding from Elevation Capital, MS Dhoni, others

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