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AppCD Completes $12.3M Seed Funding Round and Changes Name to StackGen

AppCD Completes .3M Seed Funding Round and Changes Name to StackGen

SAN FRANCISCO, Sept. 10, 2024 /PRNewswire/ — StackGen, formerly known as appCD, a generative infrastructure company, has successfully closed its $12.3M seed round, unveiled its new identity, and appointed Arshad Sayyad as Chief Business Officer. The funding round was spearheaded by Thomvest Ventures, with existing investors FireBolt Ventures, WestWave Capital, and Secure Octane also participating. This injection of funds will be instrumental in accelerating product development, enhancing the go-to-market strategy, and driving overall company growth.

In the words of Sachin Aggarwal, Co-founder and CEO of StackGen, “StackGen signifies the evolution of our dedication to transforming infrastructure from code. This funding enables us to meet the increasing demands from enterprise clients as we forge ahead with our vision for the future of infrastructure from code. Our new name truly captures the essence of our vision and mission to offer seamless, end-to-end infrastructure solutions that elevate the developer experience, uphold industry standards, and integrate generative AI.”

The Gartner® Hype Cycle™ for Platform Engineering, 2024, highlights the challenges faced by platform engineers and developers in managing infrastructure changes at the same pace as application code. The integration of infrastructure and application code through a common programming model and language ensures development and infrastructure agility by facilitating infrastructure modifications in sync with application changes. This approach allows developers to focus on business logic and application architecture, with infrastructure code generated automatically based on organizational standards.

Arvind Gidwani, CTO of SAP NS2, emphasized the importance of governance and consistency in deployments, praising StackGen for its provision of default standardization that embeds consistency, security, and policy guardrails seamlessly into cloud deployments to enhance application reliability.

Umesh Padval, Managing Director at Thomvest Ventures, expressed excitement about partnering with StackGen, recognizing the company’s potential to revolutionize the DevOps market with its Infrastructure from Code platform, which delivers significant productivity gains for DevOps and SecOps. The combination of a strong team, vast market opportunity, and user-friendly technology aligns with Thomvest Ventures’ investment criteria.

The rebranding to StackGen underlines the company’s dedication to offering comprehensive infrastructure solutions across the entire technology stack. With the recent appointment of key personnel like Arshad Sayyad, Danielle Cook, and Lauren Rother, StackGen has fortified its leadership and go-to-market team, positioning itself for further growth and market expansion.

Since launching its Dev Edition in March, StackGen has experienced a surge in interest, with developers eagerly adopting its innovative solutions. This early success underscores the increasing demand for cutting-edge infrastructure from code technologies and sets the stage for continued growth and market penetration.

In conclusion, StackGen, founded in 2023 by serial entrepreneurs Sachin Aggarwal and Asif Awan, is at the forefront of automatically generating Infrastructure from Code (IfC) based on application code with applied golden standards. This advanced approach eliminates the need for manual Infrastructure as Code (IaC) creation, ensuring standards are consistently adhered to. By offering seamless, full-stack infrastructure solutions that enhance the developer experience and enforce industry standards, StackGen is poised to revolutionize the industry. Supported by renowned venture capital firms, StackGen is well-positioned to drive innovation and transformation in the DevOps landscape. For more information, please visit www.stackgen.com.

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