Cloud-first Trend Picks Up with USD 10 Million New Investment!

By Veritis

Cloud Investment Trend

Seems the cloud investment trend is going up like never before!

The Cloud investment trend has once again topped the IT industry headlines with one of the recent announcements made by a global financial sector firm.

Tapping the cloud-first trend, HSBC announced a USD 10 million capital investment to continuous delivery software service provider CloudBees.

“The DevOps market is growing fast, as organizations like us drive automation, intelligence, and security into the way we deliver software. CloudBees is already a strategic business partner of HSBC; we are excited by our investment and by the opportunity to be part of the story of continuous delivery,” said Dinesh Keswani, Chief Technology Officer for HSBC shared services, in an official release.

This investment now takes the CloudBees overall funding to around USD 120 million.

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