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    AWS Launches Fintech Africa Accelerator for Early-Stage Startups in Africa

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    ANB Capital to launch Nextgen Trading Platform in partnership with Direct Financial Network Company

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      AWS Launches Fintech Africa Accelerator for Early-Stage Startups in Africa

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    Dell Technologies Acquires Cloudify for $100 Million

    adminBy admin1 Min Read
    DELL
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    Dell Technologies has announced that it has completed the 100% acquisition of Israeli startup, Cloudify an “environment-as-a-service” platform, known for cloud orchestration and infrastructure automation for a whooping $100 million, according to TechCrunch sources.

    Cloudify is an open-source, multi-cloud orchestration platform featuring unique technology that packages infrastructure, networking, and existing automation tools into certified blueprints that enable heterogeneous environments to be managed at scale, with automated provisioning and updates.

    READ ALSO:
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    The Tel Aviv-based startup has since made a name for itself as a result of these capabilities, counting the likes of Amazon Web Services, Google Cloud, Microsoft, and ServiceNow as ecosystem partners.

    Originally the startup was spun out from GigaSpaces in 2017. The startup raised less than $8 million, according to PitchBook data.

    Dell’s acquisition of Cloudify is focused on making it a stronger cloud solutions provider for public and private cloud opportunities and has the potential to make its Apex – a public cloud integrations effort that it launched in January 2022 – a far more powerful initiative.

    Cloudify Dell Technologies TechCrunch
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