Codezero

Codezero

Providing a new approach to delivering Containerized Applications that run in any Kubernetes environment.

HQ location
Vancouver, Canada
Launch date
Employees
Enterprise value
$14—21m
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DateInvestorsAmountRound
-investor investor

€0.0

round
N/A

€0.0

round
investor

€0.0

round
investor investor investor investor

€0.0

round
*

$3.5m

Seed
Total Funding000k

Financials

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Revenues, earnings & profits over time
USD20212023
Revenues00000000
EBITDA00000000
Profit00000000
EV00000000
EV / revenue00.0x00.0x
EV / EBITDA00.0x00.0x
R&D budget00000000

Source: Dealroom estimates

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More about Codezero
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Codezero operates in the DevOps and DevSecOps markets, providing a platform designed to enhance the development process for teams working with multi-cloud, microservices-based architectures. Founded in 2018 by CEO Reed Clayton, CTO Narayan Sainaney, and President David Shore, the Vancouver-based company addresses the trade-offs between developer productivity and security. The founding team's background stems from direct experiences with the challenges of scaling software in production, which led them to explore containerized services with Kubernetes and ultimately form Codezero. Clayton has over two decades of experience as a startup executive, while Sainaney has an extensive background in technology and business strategy across various computing platforms. Shore is an entrepreneur and finance expert focused on the tech sector, notably contributing to the growth of Moj.io.

The company's core offering is an identity-aware overlay network that facilitates zero-trust security for DevOps. This is delivered through a product called Teamspaces, which are collaborative development environments that allow developers to work with services across local, cloud, and colleagues' computers without needing deep knowledge of the underlying infrastructure. Teamspaces enable developers to test code by creating a cloud-based replica of the final product, which helps identify issues earlier in the development lifecycle. This approach eliminates configuration drift between different environments and removes the need for developers to manage credentials and secrets, as the platform injects them automatically. The platform supports real-time collaboration, allowing developers to consume services from a shared catalog and serve their local versions for testing and rapid feedback. Key features include centralized environment management, automated configuration, and traffic shaping tools for debugging.

Codezero targets enterprise DevOps and DevSecOps organizations, cloud-service providers, and cloud-migration specialists. Its business model appears to be subscription-based, with different tiers including a free plan, a team plan, and an enterprise plan with custom pricing. In March 2024, Codezero announced a $3.5 million seed funding round led by Ballistic Ventures, a cybersecurity-focused venture capital firm. The funding is intended to expand its sales and marketing teams and grow its partner network. The investment was supported by a notable list of angel investors, including the CEO of GitHub and executives from Microsoft, HubSpot, and Peloton.

Keywords: DevOps, DevSecOps, microservices development, cloud development, Kubernetes, zero trust security, ephemeral environments, developer productivity, configuration management, collaborative development, identity-aware network, cloud security, application development, continuous deployment, platform engineering, local development, secure access, Teamspaces, multi-cloud infrastructure, Reed Clayton, Narayan Sainaney, David Shore

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