Split Raises $33M in Series C Funding

Split, a Redwood City, Calif.-based provider of a feature delivery platform, raised $33m in Series C funding.

The round was led by Comcast Ventures, with participation from existing investors Accel, Lightspeed Venture Partners and Harmony Venture Partners. Investors Dick Costolo and Adam Bain of 01 Advisors, Microsoft’s venture fund M12, Atlassian and ServiceNow also participated, bringing the total amount of capital Split has raised to $60m.

In conjunction with the funding, Dave Zilberman, managing director at Comcast Ventures, joined Split’s Board.

The company intends to use the funds to accelerate product leadership, bring to market additional data integrations, add developer workflow integrations with leading tools and expand enterprise sales and customer success teams.

Founded in 2015 and led by Brian Bell, CEO, and Trevor Stuart, President and Co-Founder, Split provides a Feature Delivery Platform that pairs feature flags with data to measure the impact of every feature. This enables engineering teams to reduce development time, mitigate release risk, and focus on the features that solve customer and business problems.

Engineering teams at Twilio, Salesforce, LexisNexis, National Geographic, and Qantas already use the platform.

FinSMEs

25/08/2020

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