March 15, 2024 at 11:45AM
Codezero, a startup specializing in secure enterprise microservices development, has secured $3.5 million in seed funding led by Ballistic Ventures and angel investors. Based in Vancouver, the company aims to streamline Kubernetes software development workflows, offering a product called Teamspaces that creates an ephemeral environment similar to production and allows collaboration while eliminating vulnerabilities. The investment will be used to expand sales and marketing teams to reach cloud service providers and enterprise DevOps organizations.
From the meeting notes, the key takeaways are:
1. Codezero, a Vancouver-based microservices development startup, has secured $3.5 million in a seed funding round led by Ballistic Ventures, with additional funding from angel investors.
2. Their product, Teamspaces, aims to streamline Kubernetes software development workflows by providing an identity-aware overlay network for managing access and control over staging and production systems.
3. Teamspaces allows developers to easily create environments containing services spanning local machines and the cloud, creating an ephemeral environment identical to production, accessible from anywhere, and facilitating collaboration while eliminating vulnerabilities.
4. The solution can be used with existing infrastructure, tools, and CI/CD pipelines, and allows developers to direct traffic through the shared development cluster to their local machines, across multiple cloud infrastructures.
5. Codezero intends to use the investment to expand its sales and marketing teams to reach into cloud service providers, enterprise DevOps and DevSecOps organizations, and cloud migration specialists.
6. Codezero CEO and co-founder Reed Clayton emphasized the importance of empowering DevOps teams with collaborative, multi-cloud infrastructure that prioritizes both security and developer productivity.
Additionally, the meeting notes included related news from other companies’ funding rounds for context.