HomeHungaryBitrise Raises $60M in Series C Funding

Bitrise Raises $60M in Series C Funding

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Bitrise, a Budapest, Hungary-based Mobile DevOps company that enables mobile organizations to get apps to market, closed a $60M Series C funding round.

The round, which brings total funding to nearly $100M, was led by Insight Partners, with participation from existing investors including Partech, Open Ocean, Zobito, Fiedler Capital, Y Combinator and H14. In conjunction with the funding, Josh Zelman will join Bitrise’s board with Matt Koran acting as a board observer.

The company intends to use the funds to expand operations, hiring for dozens of positions across its engineering, product, sales, and growth teams, and business reach.

Led by Barnabas Birmacher, CEO, Bitrise is a Mobile DevOps company, whose platform is used by more than 6,000 businesses to manage mobile operations and automate core workflows from a single platform. The company enables mobile organizations, including half of all mobile unicorn startups, to automate testing, accelerate build times, and understand how new pieces of code will affect live apps.

Customers include Rakuten, WISE, Bose, Virgin Mobile, Grindr, Tonal, Compass, Mozilla, Philips Hue and Marks & Spencer.

Bitrise is a Y Combinator company, with offices in London, San Francisco, Boston and Tokyo.

FinSMEs

25/11/2021

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