Incredibuild, a Tel Aviv, Israel-based software development acceleration platform, raised $140m in funding.
Insight Partners made the investment, which included both primary and secondary components, joining Fortissimo Capital who acquired Incredibuild in 2018. Insight Partners’ Managing Directors Teddie Wardi and Lonne Jaffe and Senior Associate Brad Fiedler will be joining Incredibuild’s Board of Directors.
The company intends to use the funds to expand its US operations.
Led by Tami Mazel Shachar, CEO, Incredibuild provides a platform that harnesses compute to distribute processes across idle power in a network, thereby allowing companies to accelerate the development cycle, from code compilation to testing to release automation. Built for both the cloud and on-premise environments, Incredibuild serves over 800 customers, including Microsoft, Amazon, Citibank, Barclays, Adobe, Disney, Intel, Samsung, EPIC Games, and Nintendo.
FinSMEs
17/03/2021