Copado Closes $96M Series B Funding Round


Copado, a Chicago, IL-based DevOps platform powering digital transformations, closed a $96m Series B funding, bringing the total funds invested in the company to $117m.

The round was co-led by Insight Partners and Salesforce Ventures, with participation from Lead Edge Capital, ISAI Cap Venture (Capgemini and ISAI joint fund), and Perpetual Investors.

The company will use the new funding to expand its enterprise DevOps platform and accelerate international growth.

Led by Ted Elliott, Chief Executive Officer, Copado is a DevOps platform enabling digital transformations on Salesforce. The solution aims to accelerate Salesforce deployments, simplify the release process, increase developer productivity and maximize return on cloud investments. Copado DevOps 360™ includes Agile Planning, Continuous Delivery, Automated Testing and Compliance. More than 500 of the world’s largest digitally transformed companies run on Copado including Boston Scientific, Coca-Cola, Fair Trade, Linde, MassMutual, Schneider Electric and Shell. The company processes over 50 million DevOps transactions per month and is rated with a 100% score on the Salesforce AppExchange.