ARLINGTON, Va., Nov. 29, 2016 (GLOBE NEWSWIRE) -- DivvyCloud, a leading developer of innovative technology to automate and manage cloud infrastructure, announced today that Discovery Communications has invested in its latest round of funding, contributing to the more than $3M the three-year-old startup has raised from venture capital and angel investors to date.
Discovery Communications made the decision to invest in DivvyCloud after being an enterprise customer for over a year. “Given the value that DivvyCloud has delivered to Discovery in our adoption of the cloud, we see a real potential for growth that we’re excited to be a part of,” said John Honeycutt, Discovery Communications Chief Technology Officer. “The leadership team at DivvyCloud brings a compelling mix of deep technical expertise and operational experience to support critical enterprise solutions at scale.”
DivvyCloud’s BotFactory solution is unique in the marketplace with its ability to track real-time changes within cloud infrastructure and take customer-defined, automated actions to fix problems and ensure policy compliance. Customers can leverage over 100 standard automation Bots to address a wide range of security, cost and compliance challenges commonly faced by any organization adopting cloud infrastructure.
The underlying DivvyCloud platform is fully extensible, allowing developers the freedom and flexibility to address specific use cases and integrate other enterprise systems or data sources. The platform harvests and normalizes data and lifecycle controls across all the leading cloud platforms (AWS, GCP, Azure, OpenStack, VMware and others) to reduce complexity and protect customers against cloud vendor lock-in.
“We are very pleased with the confidence Discovery has shown in DivvyCloud by making this investment,” said DivvyCloud CEO Brian Johnson. “Technology companies increasingly rely on the cloud to deliver value to their customers and DivvyCloud helps ensure these cloud strategies scale effectively.”
About Discovery Communications
Discovery Communications (Nasdaq:DISCA) (Nasdaq:DISCB) (Nasdaq:DISCK) satisfies curiosity and engages superfans with a portfolio of premium nonfiction, sports and kids programming brands. Reaching 3 billion cumulative viewers across pay-TV and free-to-air platforms in more than 220 countries and territories, Discovery’s portfolio includes the global brands Discovery Channel, TLC, Investigation Discovery, Animal Planet, Science and Turbo/Velocity, as well as OWN: Oprah Winfrey Network in the U.S., Discovery Kids in Latin America, and Eurosport, the leading provider of locally relevant, premium sports content across Europe. Discovery reaches audiences across screens through digital-first programming from Discovery VR, over-the-top offerings Eurosport Player and Dplay, as well as TV Everywhere products comprising the GO portfolio of TVE apps and Discovery K!ds Play. For more information, please visit www.discoverycommunications.com.
About DivvyCloud
DivvyCloud software enables organizations to achieve their cloud computing goals by simplifying and automating compliance and optimization of public and private cloud infrastructure. Using DivvyCloud, customers can leverage programmatic Bots to identify and remediate security, cost and scale problems in real time. DivvyCloud was founded by seasoned technologists who understand first hand what is necessary to succeed in today’s fast-changing, multi-cloud world. For more information, visit www.divvycloud.com.
