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Armory Receives $28 Million in Funding Round to Invest in its Open Source, Multi-Cloud Platform


Armory, the enterprise software company commercializing Spinnaker, is receiving $28 million from a Series B financing round, allowing the company to increase research and development of Spinnaker.

This round was led by Insight Partners and included follow-on investments from all existing investors, including Crosslink Capital, Bain Capital Ventures, Mango Capital, YCombinator, and Javelin Venture Partners. This new round brings the company’s total funding raised to date to over $42 million.

“The most progressive Fortune 500 companies recognize they must invest in software delivery infrastructure to thrive in the coming decade," said Daniel R. Odio, CEO of Armory. "A company's ability to innovate is now dictated by its level of competency in DevOps and adoption of hybrid and public cloud infrastructure.”

Spinnaker is an open source, multi-cloud continuous delivery platform for releasing quality software quickly and efficiently.

The platform was developed and open sourced by Netflix and Google and has been tested in production by hundreds of teams over millions of deployments.

Spinnaker’s core functions are application management and application deployment; application management allows users to view and manage cloud resources while application deployment manages continuous delivery workflows.

Spinnaker, which unites a pipeline management system with multiple cloud integrations, is compatible with most major cloud providers, including AWS EC2, Kubernetes, Microsoft Azure and more.

Armory is helping some of the world’s leading companies unlock innovation by accelerating safe, efficient, and fast software delivery. Armory’s platform is built on Spinnaker and incorporates its continuous deployment best practices.

This funding validates the importance of effective software delivery as well as Armory’s approach to empowering companies - including Global 2,000 customers with a combined market capitalization of $1.32 trillion - to achieve true digital transformation.

For more information about this news, visit www.armory.io.


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