flox Raises $16.5 Million in Series A  

by Kay Aloha Villamor in February 14th, 2023

flox, a New York-based company bringing the power of Nix to everyone, today announced it has raised $16.5 million in Series A funding, bringing its total funding to date to $27 million.

The round was led by New Enterprise Associates (NEA), with participation from its early backers, including Addition and Hetz Ventures. Notable angel investors include Thomas Dohmke, CEO at Github; Guy Podjarny, founder of Snyk; and James Turnbull, former CTO at Microsoft for Startups and VP at Docker, currently CTO at Sotheby's.

It is also introducing its new open-source flox platform today, and its enterprise platform is expected to be released later this year.

flox extends Nix's proprietary package management and system configuration approach to provide convenience, collaboration, and control throughout the Systems Development Life Cycle (SDLC).

It helps developers and enterprises realize the value of Nix by providing portable, fully-isolated development, test, and production environments, as well as a tailored catalog of flox software packages and tooling for managing the entire SDLC.

"We created flox to give developers better collaboration and control over their development lifecycle, including improved automation over production releases, reduced operational risk and increased productivity," said Ron Efroni, CEO and co-founder at flox. "We recognized the vast power of Nix but knew there was a market need to take developer tools to the next level, providing versioned environments-as-code that could be consistently released, updated and maintained and that could offer improved security and efficiency. We couldn't be more excited to offer this to developers and bring this to market now."

In the areas of security and compliance, flox provides complete visibility into the software bill of materials (SBOM) for applications used in production environments, providing the ultimate visibility into the software stack and enabling real-time vulnerability management and detection without scanning.

The company enables organizations to adopt and implement Nix at scale by providing omni-platform developer, test, and production environments defined (and managed) as code.

Company: FloxDev, Inc.

Raised: $16.5M

Round: Series A

Funding Month: February 2023

Lead Investors: New Enterprise Associates (NEA)

Additional Investors: Addition, Hetz Ventures, Thomas Dohmke, and James Turnbull

Company Website: https://floxdev.com/

Software Category: Package Manager Software

About the Company: Founded by Ron Efroni and Michael Brantley, flox first began as a project to deploy Nix at scale at The D. E. Shaw Group and quickly grew to be one of the largest deployments of Nix ever seen in an enterprise setting. Flox is a developer of package manager software intended to make developers more productive across every stage of software development. The company builds SaaS products to help enterprises use Nix to install packages, manage development and production environments, build software, and deploy consistently across Mac, Linux, and embedded devices, enabling developers to manage environments and packages as code. With flox, it is easy to share environments and packages across teams, machines, individuals, and organizations while integrating into existing workflows. 

Source: https://www.prnewswire.com/news-releases/flox-raises-27-million-introduces-open-source-platform-to-bring-nix-to-everyone-301740284.html

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