Armory

Armory

Armory is commercializing Spinnaker, an open source, multi-cloud continuous delivery platform for quickly releasing software.

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Total Funding000k

Financials

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Revenues, earnings & profits over time
USD201820192020202120222023
Revenues000000000000000000000000
% growth-95 %177 %10 %1 %-
EBITDA000000000000000000000000
Profit000000000000000000000000
EV000000000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x00.0x
R&D budget000000000000000000000000

Source: Dealroom estimates

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More about Armory
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Armory positions itself as a specialized enterprise software company focused on continuous deployment. Founded in 2016 by Daniel R. Odio, Isaac Mosquera, and Ben Mappen, the company emerged from the Y Combinator Winter 2017 batch. The founding team brought together significant entrepreneurial and technical experience; Odio had previously co-founded Socialize and AppMakr, while Mosquera had a track record as a CTO for several startups with successful exits. Mappen's background was in product leadership, including founding LeanLaunchLab.

The core of Armory's business is commercializing and extending the open-source continuous delivery platform, Spinnaker, which was originally developed by Netflix and Google. Armory's platform is designed to help software development teams at large enterprises automate and scale their software delivery processes. It enables clients to deploy software across multiple cloud environments—including AWS, Google Cloud Platform, Azure, and Kubernetes—reliably and safely. The business serves organizations aiming to improve their DevOps practices, from platform engineering teams to individual developers, by providing a centralized and consistent deployment process. Revenue is generated through enterprise-grade licenses and support for its software.

Armory's product, Armory Continuous Deployment, is an enterprise distribution of Spinnaker that includes proprietary features. The platform facilitates advanced deployment strategies like blue/green and canary deployments, which allow for safer rollouts and easier rollbacks. Key features include Pipelines-as-Code (Dinghy), a Policy Engine for governance, and the Armory Agent for Kubernetes, which enhances monitoring. These tools are designed to integrate with existing CI/CD toolchains, providing a unified view and control over the deployment pipeline without requiring a complete overhaul of existing systems. In January 2024, Harness, a competitor in the software delivery space, acquired Armory's key intellectual property and technology, with a commitment to continue supporting Armory's customers and contributing to the open-source Spinnaker community.

Keywords: continuous deployment, Spinnaker, enterprise software, DevOps, cloud native, multi-cloud deployment, software delivery lifecycle, CI/CD, Kubernetes deployment, application release automation, canary deployment, blue/green deployment, pipeline as code, automated releases, deployment orchestration, enterprise DevOps, software delivery platform, cloud infrastructure, release management, digital transformation

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