Cycloid's €5M Series A: A Leap into Sustainable Platform Engineering
February 18, 2025, 3:32 pm
Cycloid
Location: Dominican Republic, Distrito Nacional, Santo Domingo
Employees: 11-50
Founded date: 2015
Total raised: $5.24M
In the bustling tech landscape, Cycloid emerges as a beacon of innovation. The Paris-based company has just secured €5 million in Series A funding, led by Reflexion Capital and supported by five French angel investors. This brings their total funding to €8 million. With this financial boost, Cycloid aims to solidify its foothold in Europe and expand its reach into North America.
Cycloid is not just another software provider. It specializes in platform engineering, a field that streamlines software delivery. Think of it as a bridge connecting developers to the tools they need, without the need for deep technical knowledge. The company’s self-service portal is the heart of this operation. It allows users to interact with infrastructure and automation seamlessly.
Platform engineering is like a well-oiled machine. It involves designing, building, and maintaining internal developer platforms (IDPs). These platforms optimize software development and deployment processes. They enable developer self-service, cutting down on operational overhead while ensuring security and compliance. In essence, it’s about making life easier for developers, allowing them to focus on what they do best: creating.
The recent funding will fuel Cycloid’s ambitions. The company plans to enhance its presence in Europe and tackle the North American market. The founder, Benjamin Brial, emphasizes the importance of self-service IT. It centralizes access to applications, automation, deployment, documentation, and security. However, creating these portals can be a Herculean task. It often takes years and a significant amount of resources. Cycloid aims to change that narrative.
Imagine a world where setting up a portal takes just weeks instead of years. Cycloid’s platform makes this a reality. It democratizes access to infrastructure and tools, allowing users to engage without needing to become DevOps or Cloud experts. This approach not only simplifies processes but also promotes sustainable practices.
Founded in 2015 by Brial, a former Red Hat Cloud executive, Cycloid is on a mission. The company champions sustainable platform engineering. It focuses on smarter resource use and fostering a culture of digital sobriety—both financially and environmentally. This is not just about efficiency; it’s about responsibility.
The platform also promotes collaboration among IT teams. It encourages practices like GreenOps and FinOps, which aim to reduce environmental impact and optimize financial resources. Cycloid’s self-service portal alleviates the cognitive load on IT teams. It creates reusable developer self-service flows, abstracting complex DevOps processes.
The need for such solutions is pressing. The State of DevOps 2024 report highlights a significant challenge: it takes a team of 20 people over three years to develop an effective portal. Cycloid’s solution cuts through this complexity. It offers embedded tools for cloud cost management and carbon footprint tracking. This holistic view of cloud consumption is crucial in today’s multicloud environments.
The company’s growth trajectory is impressive. Following an initial €3 million round in 2020, Cycloid is now poised for greater expansion. With around 25 employees spread across Europe and North America, the company has already attracted major clients like CMA-CGM, Alchemy, Amenetiz, and Warner Bros. Partnerships with systems integrators and managed service providers, such as Accenture and Capgemini, further bolster its market presence.
Recently, Cycloid signed a strategic partnership with cloudXcelerate, a DACH-based services provider. This collaboration aims to assist businesses grappling with cloud migration challenges. It’s a testament to Cycloid’s commitment to addressing real-world problems in the tech landscape.
As the digital world evolves, so do the demands on IT teams. The complexity of multicloud environments can be overwhelming. Cycloid’s platform engineering approach offers a lifeline. It simplifies processes, reduces overhead, and promotes sustainable practices.
In a world where time is money, Cycloid’s rapid deployment capabilities are a game-changer. The company’s vision aligns with the growing need for efficiency and sustainability in tech. As they expand into new markets, Cycloid is not just building software; they are shaping the future of platform engineering.
In conclusion, Cycloid’s recent funding marks a significant milestone. It’s a step toward a more sustainable and efficient tech landscape. With their innovative platform, they are poised to transform how organizations approach software development and deployment. The future looks bright for Cycloid, and the tech world is watching closely.
Cycloid is not just another software provider. It specializes in platform engineering, a field that streamlines software delivery. Think of it as a bridge connecting developers to the tools they need, without the need for deep technical knowledge. The company’s self-service portal is the heart of this operation. It allows users to interact with infrastructure and automation seamlessly.
Platform engineering is like a well-oiled machine. It involves designing, building, and maintaining internal developer platforms (IDPs). These platforms optimize software development and deployment processes. They enable developer self-service, cutting down on operational overhead while ensuring security and compliance. In essence, it’s about making life easier for developers, allowing them to focus on what they do best: creating.
The recent funding will fuel Cycloid’s ambitions. The company plans to enhance its presence in Europe and tackle the North American market. The founder, Benjamin Brial, emphasizes the importance of self-service IT. It centralizes access to applications, automation, deployment, documentation, and security. However, creating these portals can be a Herculean task. It often takes years and a significant amount of resources. Cycloid aims to change that narrative.
Imagine a world where setting up a portal takes just weeks instead of years. Cycloid’s platform makes this a reality. It democratizes access to infrastructure and tools, allowing users to engage without needing to become DevOps or Cloud experts. This approach not only simplifies processes but also promotes sustainable practices.
Founded in 2015 by Brial, a former Red Hat Cloud executive, Cycloid is on a mission. The company champions sustainable platform engineering. It focuses on smarter resource use and fostering a culture of digital sobriety—both financially and environmentally. This is not just about efficiency; it’s about responsibility.
The platform also promotes collaboration among IT teams. It encourages practices like GreenOps and FinOps, which aim to reduce environmental impact and optimize financial resources. Cycloid’s self-service portal alleviates the cognitive load on IT teams. It creates reusable developer self-service flows, abstracting complex DevOps processes.
The need for such solutions is pressing. The State of DevOps 2024 report highlights a significant challenge: it takes a team of 20 people over three years to develop an effective portal. Cycloid’s solution cuts through this complexity. It offers embedded tools for cloud cost management and carbon footprint tracking. This holistic view of cloud consumption is crucial in today’s multicloud environments.
The company’s growth trajectory is impressive. Following an initial €3 million round in 2020, Cycloid is now poised for greater expansion. With around 25 employees spread across Europe and North America, the company has already attracted major clients like CMA-CGM, Alchemy, Amenetiz, and Warner Bros. Partnerships with systems integrators and managed service providers, such as Accenture and Capgemini, further bolster its market presence.
Recently, Cycloid signed a strategic partnership with cloudXcelerate, a DACH-based services provider. This collaboration aims to assist businesses grappling with cloud migration challenges. It’s a testament to Cycloid’s commitment to addressing real-world problems in the tech landscape.
As the digital world evolves, so do the demands on IT teams. The complexity of multicloud environments can be overwhelming. Cycloid’s platform engineering approach offers a lifeline. It simplifies processes, reduces overhead, and promotes sustainable practices.
In a world where time is money, Cycloid’s rapid deployment capabilities are a game-changer. The company’s vision aligns with the growing need for efficiency and sustainability in tech. As they expand into new markets, Cycloid is not just building software; they are shaping the future of platform engineering.
In conclusion, Cycloid’s recent funding marks a significant milestone. It’s a step toward a more sustainable and efficient tech landscape. With their innovative platform, they are poised to transform how organizations approach software development and deployment. The future looks bright for Cycloid, and the tech world is watching closely.