Wednesday, July 24, 2024
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Octopus Deploy Acquires Codefresh

Octopus Deploy, the industry standard for Continuous Delivery (CD), announced the acquisition of Codefresh Inc. The acquisition marks a significant milestone as Octopus strengthens its support for Kubernetes and its commitment to providing the most powerful best-of-breed Continuous Delivery platform for virtual machines and cloud-native enterprise-scale applications.

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The combined business positions Octopus Deploy as one of the largest privately held companies in the DevOps ecosystem. Focused exclusively on best-of-breed CD, it has more than 4,000 customers, over 270 employees, and over USD $60,000,000 in annual revenue. Octopus is profitable and has a history of sustainable, profitable growth, a feat unmatched by any other private CI/CD vendor.

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By integrating Codefresh’s expertise and technology, Octopus now provides the industry’s most comprehensive Continuous Delivery solution for organizations operating at scale. The seamless integration of powerful CD, CI, and GitOps capabilities in a single platform addresses the long-standing challenge faced by enterprises seeking a unified solution for their CD pipelines.

“We are eager to bring the power of Codefresh’s Continuous Integration and cloud-native GitOps – based on Argo – to Octopus Deploy,” said Raziel Tabib, founder and CEO of Codefresh. “With Codefresh and Octopus, we will elevate the capabilities available to software teams and drive innovation in Continuous Delivery.”

“We’re thrilled to find a home in Octopus, where they believe in the community we’ve helped build around Argo and GitOps,” said Dan Garfield, co-founder and Chief Open Source Officer of Codefresh. “We’re going to be able to invest even more in the open-source and continue to grow Argo and other open-source initiatives with our community partners.”

About Octopus Deploy

Founded in 2014 by Oleg Verhovsky and Raziel Tabib, Octopus Deploy set the standard for Continuous Delivery (CD), empowering software teams to deliver value in an agile way. Globally, more than 4,000 organizations rely on our Continuous Delivery, GitOps, and release orchestration solutions to deliver swift value to their customers.

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