US-based technology firm
Founded in 2017, the Hungarian firm was ranked seventh on the list of the hottest Hungarian startups in 2019. The company develops software and big data solutions, and their platform makes it easier for companies to develop, deploy and scale cloud applications.
Over the last three years Banzai raised more than
"Banzai Cloud has demonstrated experience with complete end-to-end cloud-native application development, deployment, runtime, and security workflows," Cisco SVP of emerging technologies and incubation
"They have built and deployed software tools that solve critical real-world pain points and are active participants in the open-source community as sponsors, contributors, and maintainers of several open-source projects,” she added.
The financial terms of the Banzai Cloud deal weren't available.
The deal followed on the heels of
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