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Enterprise DevOps Leader CloudBees Raises $62 Million

Enterprise DevOps Leader CloudBees Raises $62 Million
Credit: cloudbees.com

CloudBees closed $62 million in a growth funding round made up of $37 million of equity led by Delta-v Capital and $25 million of growth financing from Golub Capital’s Late Stage Lending business. The new equity financing included strong participation from existing investors Matrix Partners, Lightspeed Ventures, and Verizon Ventures, alongside new investors Delta-v Capital, Golub Capital and Unusual Ventures.

According to the company, it’s building the world’s first end-to-end system for automating software delivery, the CloudBees Suite. The CloudBees Suite builds on emerging DevOps practices and continuous integration and continuous delivery automation, adding a layer of governance, visibility, and insights to achieve optimum efficiency and control new risks.

With the new funding, CloudBees plans to continue to innovate its software delivery suite, grow its strategic partnerships, and accelerate its global business growth organically and through M&A.