Linear B, a Los Angeles, CA- and Tel Aviv, Israel-based provider of an engineering platform, raised $50M in Series B funding.
The round, which brings total funding for LinearB to $71m, was led by Tribe Capital with participation from Salesforce Ventures, Battery Ventures and 83North. Sri Pangulur, partner at Tribe Capital, will join the LinearB board.
The company intends to use the funds to:
- scale its engineering team and accelerate the development of its platform, and
- invest in its customer success, sales and marketing teams.
Led by CEO Ori Keren, LinearB is an engineering efficiency platform that correlates data from existing project management, Git, deployment and incident management tools to provide workflow metrics used to optimize the development process.
More than 5,000 software development organizations including many leading companies like Bumble, BigID, Cloudinary, Unbabel and Drata, use it as a source for engineering analytics and developer workflow optimization to reduce cycle time, improve planning accuracy and ensure on-time value delivery.
FinSMEs
03/05/2022