Agile Stacks, a company founded in 2016 and headquartered in San Mateo, California, has raised $2.6 million in seed funding led by Canaan Partners. The announcement comes as the company debuts its Agile Stacks DevOps automation service, which would be reinventing how enterprises implement their cloud environments by delivering “the agility, scalability and reliability” required for today’s digital businesses.
Agile Stacks will use the financing to build the technology and solution partner ecosystem around its new Agile Stacks DevOps automation service and to extend the capabilities of its underlying platform.
“For years there has been a gap in the market for an all-in-one solution that simplifies the move to the cloud while giving companies the flexibility to choose the tools they need,” said Maha Ibrahim, general partner at Canaan and a member of the Agile Stacks board. “Agile Stacks fills that gap with a powerful solution built by cloud experts from some of the world’s leading technology firms. We are excited to back the talented team at Agile Stacks and support their ground-breaking innovations in automated cloud stack deployments.”
With Agile Stacks’ DevOps automation solution, organizations would have a DevOps-first architecture out of the box empowering them to deploy full-function DevOps cloud stacks using their tools of choice within minutes. Incorporating a range of “popular, best-of-breed” open source products that are pre-tested, integrated and work together from the instant they are deployed, the stacks would support the predictable performance, agility, scalability and reliability required for today’s digital businesses.
Early Stage Venture Capital
“In today’s digital economy, enterprises need to adapt and innovate quickly or risk becoming irrelevant,” said John Mathon, co-founder and CEO of Agile Stacks. “These businesses can’t afford spending up to 24 months implementing the cloud infrastructure that will power their solutions, and with our Agile Stacks DevOps automation service, they no longer need to. We are thrilled to tap into the extensive industry knowledge and connections that Canaan brings as we work with customers and partners to extend the ecosystem around our service.”
Canaan is an early stage venture capital firm that invests in entrepreneurs with visionary ideas. With $5 billion under management, a diversified fund and over 190 exits to date, Canaan has invested in some of the world’s leading technology and healthcare companies over the past 30 years. Canaan’s focus areas include fintech, enterprise/cloud, marketplaces, biopharma, frontier tech, medtech, and digital health.