Cycloid funding news – Paris-based Cycloid Secures €5Million in Series A Round Funding

Cycloid's platform helps improve software delivery by making it easier for platform teams to manage and deploy projects. It includes a simple self-service portal that allows users to interact with infrastructure and automation without needing technical skills. Teams can create service catalogs and set roles and permissions to manage projects more effectively.

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Platform engineering is the process of designing and managing internal developer platforms (IDPs) to make software development and deployment easier. It lets developers manage their own tasks while ensuring security and best practices. The new funding will help Cycloid grow in Europe and expand into North America.

founder Benjamin Brial said, “Self-service IT is about centralizing access to apps, automation, deployment, documentations, cloud, security, FinOps and GreenOps simply and comprehensively, but portals can take teams years to deliver, and maintenance is complicated and resource intensive, In response, our platform brings the ability to create a portal that is up and running in just a few weeks, making infrastructure, tools, and automation accessible to as many people as possible without the requirement to become a DevOps or Cloud expert. We are delighted today to announce this new round of funding, which confirms the relevance of our mission and our approach to transforming the more sustainable long-term use of cloud and DevOps practices.”

About Cycloid

Cycloid focuses on improving infrastructure and software delivery while promoting sustainability. They achieve this by optimizing platform engineering, easing the workload on IT teams, and supporting practices like FinOps and Green IT.