Participated · Series C · Jun 2020

Codefresh is a Mountain View, CA-based, Kubernetes-native continuous integration and delivery (CI/CD) platform. Led by co-founders Raziel Tabib (Co-Founder & CEO) and Oleg Verhovsky (Co-Founder & CTO), the platform is git- and cloud-agnostic. It reports adoption by DevOps teams at Epic Games, Gap, Vivint, TBS, and others. In June 2020 the company raised $27M in a Series C round, bringing total funding to $42M. Codefresh said it will use the funds to expand its open source and continuous delivery offerings. Red Dot Capital Partners led the round and will add Yaniv Stern to the board; other participants include Shasta Ventures, Vertex Ventures, M12: Microsoft’s Venture Fund, Viola Ventures, Hillsven, and CEIIF, and Isaac Roth of Shasta joined the advisory board. Codefresh provides a CI/CD platform specifically focused on automating application deployments to Kubernetes. The company emphasizes speed, claiming teams can see "up to 24X faster development times" when using its service. Codefresh hit general availability in 2017 and currently reports about 20,000 users, including customers such as Giphy. With this product focus, the company aims to address gaps in toolchains that have not kept pace with Kubernetes adoption. Following its latest fundraise, leadership says it will aggressively accelerate its roadmap and expand its customer base. The company has now raised a total of $15.1 million. Codefresh provides an end-to-end container lifecycle management platform that enables enterprises and startups to benefit from microservices and Docker-based technologies. The solution integrates with container technologies and toolsets such as testing, orchestration and registries. It is already used in production by dozens of companies, including IronSource, JFrog and HPE. Led by CEO Raziel Tabib and CTO Oleg Verhovsky, the company plans to expand adoption in the container-based development market. The company intends to use the funds to further accelerate growth of its engineering, customer success, and business operations. Codefresh is based in Mountain View, CA.

Participated · Series C · Apr 2020

Glassbox provides an AI-driven platform that captures, analyzes and optimizes user interactions across web and mobile channels, offering 100% user session capture, real-time alerts and AI-powered insights. The product is used by large enterprises in highly regulated industries, with named customers including Citi Bank, SoFi and Credit.com. Glassbox helps organizations enhance digital experiences, improve brand loyalty, drive revenue growth, ensure accessibility and prevent fraud attacks. The company plans to expand its product roadmap with a focus on AI-powered behavioral analytics, fraud prevention and real-time decision-making capabilities tailored to banks and insurers. Glassbox announced a minority investment from Poalim Equity to fuel development of these next-generation AI capabilities. This is the company’s first capital raise since Alicorn took Glassbox private in May 2024. Glassbox builds session-replay and web/mobile analytics tools that let businesses monitor how customers use online interfaces, detect failures, and recommend fixes. The company says the product is increasingly mission critical as organizations accelerate digital channels. Glassbox plans to use the new funding to continue expanding its technology and overall business. CEO Yaron Morgenstern said revenues more than doubled in the last year and the business has doubled year-over-year. The company faced scrutiny last year over its SDK and data-handling practices, but says that issue helped align practices with platform vendors and is now behind them. Customers named or referenced include insurers like Seguros, airlines such as Air Canada, 10 of the largest banks in the world, and several very large S&P 500 retailers. Glassbox develops a digital customer management platform that captures and analyzes every user session using big data, behavioural analytics, session replay, free-text search, application monitoring and machine learning. The technology enables customers to see where users encounter difficulties and build audit trails for compliance, producing insights to enhance web and mobile app experiences. Founded in 2010 by Yoav Schreiber, Yaron Gueta and Hanan Blumstein and led by CEO Yaron Morgenstern, the company is based in London and maintains offices in New York and Tel-Aviv. Glassbox counts tier-1 customers including major banks, insurance companies, travel sites, telcos and retailers. The company raised $25M and said it will use the funds to accelerate global growth and continue product development of its automatic insight capabilities.