HomefundingXebiaLabs Closes $12M Growth Equity Funding

XebiaLabs Closes $12M Growth Equity Funding

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XebialogoXebiaLabs, a Boston, MA-based delivery automation vendor, closed a $12m growth equity funding.

Washington, D.C. based Updata Partners provided the funds. In conjunction the funding, Updata general partners Carter Griffin and James Socas will join XebiaLabs’ board.

The company intends to use the funds to continue to grow globally in the expanding DevOps and Continuous Delivery market.

Founded in 2008 by chairman Daan Teunissen and led by Coert Baart, CEO,  XebiaLabs provides automation software for DevOps and Continuous Delivery enabling companies to accelerate the delivery of new software. The company, which has a worldwide network of sales offices and partners., serves General Electric, Expedia, Xerox, KLM, and Société Générale, among others.

FinSMEs

09/06/2014

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