Weaveworks Limited, the GitOps company with headquarters based in London and San Francisco, announced its acquisition of Magalix Corporation, an Egyptian-American cloud-security startup. Magalix successfully completed multiple rounds of investments, totaling 4.2 million USD. The round included investors such as: Egypt Ventures and Endure Capital.
Magalix was founded in 2017, their headquarters is in the US, and their R&D engineering team is in Egypt. They built a platform that would enable organizations to embed security and compliance using DevOps methodologies. Security and compliance policies are codified and built into the system according to company and sector-mandated playbooks.
Founded in 2014, Weaveworks helps teams adopt cloud native computing, managing cloud native infrastructure and applications quickly, reliably, and at scale. Weaveworks raised $36.65 million in their Series C funding round in December 2020, led by some of the world’s leading public cloud and telecommunications companies, bringing total funds raised to date to $60 million. Some of the Weaveworks investors include Amazon Web Services (AWS), Ericsson, Google Ventures, among others.
“We are seeing an increase in customers who run a zero-trust security model turning to GitOps to bring DevOps to cloud-native application development and IT operations. We believe that integrating security into GitOps pipelines brings considerable agility and speed, preventing errors and protecting against attacks that could shut down the entire platform. Weaveworks and Magalix share a joint mission to make it easy to innovate fast without jeopardizing security and stability,” said Mohamed Ahmed, Founder and CEO of Magalix.
With this acquisition, GitOps Trusted Delivery is now possible. Weaveworks and Magalix will deliver the following to their customers: policy as code enforces security and compliance from source to production, runtime policy and drift management guards protect production deployments, embedding security in GitOps workflows
“Enterprise customers have made it clear that trusted application delivery is critical to the success of their increasingly complex cloud native platforms,” said Alexis Richardson, CEO of Weaveworks. “With the acquisition of Magalix, Weaveworks introduces customizable policies, compliance capabilities and comprehensive risk visibility into GitOps workflows, ensuring only authorized applications are deployed and there are no nefarious activities.”
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