NetApp buys Fylamynt, a cloud ops automation startup, and adds it to the Spot by NetApp cloud operations product portfolio.
This marks the fourth Spot by NetApp acquisition in the past two years, as the company tries to build $ 1 billion annual recurring revenue cloud business. In June last year, it bought Data Mechanics for API-based Apache Spark job interface software and acquired CloudHawk for security and compliance, and CloudCheckr for cloud cost management.
Anthony Lye, EVP and GM for NetApp’s Public Cloud Services, quoted the announcement: “Fylamynt’s native integration with Spot by NetApp will allow organizations to quickly and reliably deploy services of Spot by NetApp within their existing cloud environments. … With Fylamynt’s pre-built integrations and Spot’s entire CloudOps portfolio, they will be able to speed up, optimize and automate their cloud operational infrastructure. This strategic acquisition accelerates NetApp’s overall CloudOps leadership and empowers customers to continue to enjoy more cloud at a lower cost. ”
Fylamynt was founded in 2019 by CTO David Lee, CEO Dr Pradeep Padala, and VP engineering Dr Xiaoyun Zhu to provide a cloud incident response facility for DevOps and Site Reliability Engineering (SRE). The company raised $ 6.5 million in 2020 seed round funding. The financial details of the acquisition transaction were not disclosed.
Padala said: “With our common vision to help teams deploy and run at cloud speed, we are excited to integrate our modern cloud automation capabilities into Spot by NetApp’s portfolio to ultimately democratize automation for in every business. “
Fylamynt technology provides end-to-end incident response with alerting, collaboration, and automatic remediation-shades of ServiceNow perhaps. SRE teams can build automated workflows using Fylamynt’s automation facilities. It has a so-called no-code visual interface so engineers can build, operate, and evaluate workflows. Fylamynt software has connectors for infrastructure-as-code tools such as Terraform, Ansible, and Cloud Formation, and services such as DataDog, Splunk, PagerDuty, Slack, and ServiceNow.
Fylamynt says that, by augmenting workflows using AI, it’s a connector that automates any cloud workflow with any service and all code. Padala said: “Automation is key to running enterprise SaaS on a high-usability scale, but the bottleneck in developing automation is writing code. We developed Fylamynt to help cloud engineers codify every aspect of their cloud workflow in minutes. “
NetApp says that, as companies increasingly move to the cloud, they are looking for automation capabilities that will help them build, integrate, and run multiple services together, easily and effectively. Fylamynt has added automated incident response services here to reduce cloud-native app downtime.
Download the Fylamynt white paper to find out more here.
The backstory here is that NetApp makes an operations infrastructure product for enterprises that deploy apps in the public cloud. Considering that it is a fast growing market with no established players and many innovative startups. NetApp buys such startups and integrates their products under Spot by NetApp. It is possible that NetApp could develop a leading and early leader in this market area and emerge as the dominant player.