XebiaLabs Closes $100M+ Series B Funding

XebiaLabs, a Boston, MA-based provider of Enterprise DevOps and Continuous Delivery software, secured a Series B growth investment of over $100M.

Backers included Susquehanna Growth Equity and Accel, along with many existing shareholders. As part of the investment, Martin Angert, director at Susquehanna Growth Equity, and Arun Mathew, partner at Accel, will join XebiaLabs’ Board of Directors.

The company intends to use the funds to invest in staffing and to expand its business reach.

Led by Derek Langone, CEO, and Chief Product Officer Robert Stroud, XebiaLabs develops enterprise-scale Continuous Delivery and DevOps software, providing companies with visibility, automation, and control to deliver software faster and with less risk.
Clients include KeyBank, AIG, Bank of America, Toyota, Alliance, Davita Healthcare, TD Bank, Scotiabank, Raiffeisenbank, Anthem, and NASA.



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