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Emerging Tech Research: DevOps

Q2 2021

Emerging Tech Research: DevOps

September 14, 2021

Emerging Tech Research: DevOps
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DevOps ecosystem keeps expanding in Q2

The fast pace of digital innovation has put pressure on businesses to improve front-end customer software and invest in automated systems to streamline internal processes.  

To harness the potential of the cloud, a growing cohort of DevOps startups are creating digital products and tools to help developer and operations teams build, use, and maintain software and IT infrastructure. 

Our Q2 update of DevOps Emerging Tech Research includes updated market size estimates, details on why enterprises are investing more aggressively in DevOps capabilities, and emerging opportunities in the market for container management software.

Key takeaways

  • Venture funding for global DevOps startups hit $4 billion in the second quarter of 2021. That number includes a $1 billion Series C for MessageBird, which provides a set of APIs that enable organizations to build and integrate client communications channels.
  • Exit activity was relatively stable in terms of deal count, but deal value was dominated by IPOs of robotic process automation specialist UiPath and Confluent, who help companies move data from isolated systems into real-time pipelines.
  • We believe the market for container management software is maturing but is subject to rapid disruptions as new technologies emerge--primarily led by advancement in open-source software. 

Table of Contents
Vertical overview 3
Q2 timeline 4
VC ecosystem market map 5
VC activity 7
Emerging opportunities: GitOps 17