CloudBees, a San Jose, CA-based enterprise DevOps company focused on the continuous economy, secured a $10m investment from HSBC.
HSBC currently uses CloudBees Core platform technologies to accelerate its overall software delivery system.
This funding is a follow-on to CloudBees’ $62m growth capital round last year, bringing total funding in the company to over $120m.
The company intends to use the funds from HSBC to bring new innovation to the DevOps market through its modern software delivery suite, grow its strategic partnerships and accelerate its global business growth organically and through M&A.
Led by Sacha Labourey, CEO and co-founder, CloudBees provides an end-to-end continuous software delivery management system for over 3,500 software-driven organizations (from startups with full-stack developers practicing NoOps to large Fortune 100 companies) to intelligently deploy the right capabilities at the right time.
Backed by Matrix Partners, Lightspeed Venture Partners, Verizon Ventures, Delta-v Capital, Golub Capital and Unusual Ventures, the company was founded in 2010 by former JBoss CTO Sacha Labourey and an elite team of continuous integration, continuous delivery and DevOps professionals.
It is the largest contributor to Jenkins and Jenkins X, and a founding member of the Continuous Delivery Foundation (CDF).