Magnetic B.V.
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Magnetic B.V. - overview
Established
2013
Location
Amsterdam, -, Netherlands
Primary Industry
IT Infrastructure
About
Based in Amsterdam, Netherlands, and founded in 2013, Magnetic B. V. , doing business as Vamp. io, is an AIOps platform for Cloud-Native Release Orchestration that automates and self-heals software releases.
The company was founded by Olaf Molenveld (CTO) and Herman Heinen, with Nico Vierhout serving as the current CEO. In May 2021, CircleCI acquired the company. The company platform’s features include canary releasing workflows with smart rollbacks, self-service PaaS-style deployments and releasing, label-based service gateway creation, service routing & API orchestration, feature flagging/toggling, intelligent SLA-based autoscaling, multi-cloud/cluster/scheduler, installer and configuration manager, event & metric system, and role-based access control. The company generates revenue by pricing its monthly/annually paid platform packages, including startup teams, scale-up teams, and enterprise teams.
The company has plans on growing its open source community and is also working to develop enterprise-grade features that its largest customers need.
Current Investors
Volta Ventures, Startupbootcamp , CircleCI
Primary Industry
IT Infrastructure
Sub Industries
IT Infrastructure, Application Integration Software
Website
www.vamp.io
Verticals
Cloud Computing
Company Stage
Add-on
Total Amount Raised
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Magnetic B.V. - employee data
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