DigitalOcean Holdings, the cloud for developers, startups and SMBs, announced the acquisition of Nimbella, a serverless platform provider.
The acquisition expands DigitalOcean’s capabilities into the rapidly growing function-as-a-service (FaaS) market and will add an additional serverless compute offering to complement the company’s existing Infrastructure-as-a-Service (IaaS) and Platform-as-a-Service (PaaS) offerings, which target developers in small and medium-sized businesses (SMBs).
Serverless computing removes the operational complexity in cloud-native environments for application developers as they create new applications and APIs, or modernize existing ones for their companies. Serverless enables rapid development and deployment, allowing businesses to significantly reduce development costs and increase productivity without sacrificing performance to support their use case.
Nimbella was designed to address the challenges developers face in adopting serverless computing. Nimbella builds on Kubernetes and Apache OpenWhisk, both of which are mature production-ready open source projects.
Earlier this year, Nimbella was named a Strong Performer in The Forrester Wave: Function-As-A-Service Platforms, Q1 2021.
“Nimbella will join DigitalOcean to address specific needs often requested by our customers and fills a gap in the current serverless offerings in the market,” said Yancey Spruill, CEO at DigitalOcean. “People want to access the benefits of serverless capabilities without a significant learning curve and they want functionality and pricing that is easy to understand and predictable.”
“Our mission has been clear since the beginning—to build a serverless platform that unlocks the power and capabilities of the cloud for developers of all skill sets. This in turn allows new applications and APIs to be created faster, more securely and more economically. Joining DigitalOcean provides us a tremendous opportunity to accelerate this vision,” said Anshu Agarwal, CEO of Nimbella.
There is no change to DigitalOcean’s 2021 financial outlook as a result of the acquisition. DigitalOcean plans to fully integrate the Nimbella serverless offering and launch the product under the DigitalOcean brand in the first half of 2022.