Press Release

Octopus Deploy acquires Codefresh to boost Kubernetes and cloud-native delivery

Press Release by Octopus Deploy Tue 5 Mar 2024

Octopus Deploy has acquired of Codefresh, a platform for cloud-native apps.

This strategic acquisition aims to enhance Octopus Deploy’s Kubernetes support and establish a robust Continuous Delivery platform for both virtual machines and cloud-native enterprise-scale applications.

Strengthening DevOps Capabilities

Founded in 2014 by Oleg Verhovsky and Raziel Tabib, Codefresh has become an Argo maintainer and a figure in the Kubernetes CD ecosystem.

This acquisition marks a significant milestone for Octopus Deploy, positioning it as one of the largest privately held companies in the DevOps sector.

With over 4,000 customers, more than 270 employees, and over £47.3 million ($60 million) in annual revenue, Octopus Deploy has achieved sustainable, profitable growth in the CI/CD market.

Paul Stovell, Founder and CEO of Octopus Deploy, expressed his enthusiasm for the acquisition: “We’re adding Codefresh’s considerable technology to empower software teams to deploy freely. It represents a big investment in open source.”

By integrating Codefresh, Octopus Deploy now offers a Continuous Delivery solution for organisations operating at scale.

This solution combines advanced CD, deployment automation, release orchestration, environment progression, observability, and enterprise compliance across all workloads, addressing the need for a unified CD pipeline solution for enterprises.

Raziel Tabib, Founder and CEO of Codefresh, highlighted the benefits of this merger: “With Codefresh and Octopus, we will elevate the capabilities available to software teams and drive innovation in Continuous Delivery.”

As an active member of the Linux Foundation and the CNCF, Octopus is committed to advancing Argo-based Kubernetes deployments and GitOp-based CD.

Dan Garfield, co-founder and Chief Open Source Officer of Codefresh, said: “We’re going to be able to invest even more in open source and continue to grow Argo and other open-source initiatives with our community partners.”

Codefresh Co-founders, Raziel Tabib and Dan Garfield, will join Octopus’s leadership team.

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