Jellyfish Raises $71M in Series C Funding

jellyfish

Jellyfish, a Boston, MA-based provider of an Engineering Management Platform to align engineering work with strategic business goals, raised $71m in Series C funding.

The round was led by Accel, Insight Partners, and Tiger Global with participation from Wing Venture Capital and previous investors.

The company intends to use the funds to expand operations and ts business reach.

Led by CEO Andrew Lau, Jellyfish provides an Engineering Management Platform that enables engineering leaders to align their work with strategic business objectives. By analyzing engineering signals and contextual business data, Jellyfish provides complete visibility into engineering organizations, the work they do, and how they operate. Companies like Mastercard, Toast, Bazaarvoice, and Zoominfo use it to optimize the allocation of engineering resources to focus their teams on what matters most to the business. 

In 2021, Jellyfish more than tripled its revenue, with hundreds of new companies like Priceline, PagerDuty, and Hootsuite using the platform. 

FinSMEs

01/02/2022