Enterprise DevOps Platform CloudBees Raises $62M in Growth Funding

CloudBees, a San Jose, CA-based provider of an enterprise DevOps platform, closed $62m in growth funding.

The round was made up of $37m of equity and $25m of growth financing from Golub Capital’s Late Stage Lending business.
The new equity financing included participation from existing investors Matrix Partners, Lightspeed Ventures and Verizon Ventures, alongside new investors Delta-v Capital (lead), Golub Capital and Unusual Ventures. In conjunction with the funding, Dan Williams, partner at Delta-v Capital, will join CloudBees’ board of directors.

The company intends to use the funds to continue to innovate its software delivery suite, grow its strategic partnerships and accelerate its global business growth organically and through M&A.

Led by Sacha Labourey, founder and CEO, and Matt Parson, chief financial officer, CloudBees has created an end-to-end continuous software delivery system designed to accelerate software development and delivery with governance, scale and flexibility required by enterprises of all sizes while minimizing risk.
46 of Fortune 100 enterprises, including 3 of the Fortune 10, use the CloudBees Suite.

In February 2018, the company aquired SaaS continuous integration and continuous delivery company Codeship.



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