Incredibuild, a Tel Aviv, Israel-based creator of a hybrid development acceleration platform for developers and DevOps teams, raised $35M in Series B funding.
The round was led by Hiro Capital, with participation from existing investor Insight Partners.
The company intends to use the funds for growth across industries such as AI, the Metaverse, and many others, enhancement of its supercomputing platform, expansion of its global market presence and deployment of its Community, Developer Relations, and Cloud programs.
Led by Tami Mazel Shachar, CEO, Incredibuild has created a hybrid acceleration platform for development processes – compilations, CI/CD builds, testing, and more. Its Virtualized Distributed Processing™ technology recruits CPUs to turn every host into a supercomputer with hundreds of cores. The company’s distributed processing and build caching solutions quicken dev and test cycles and increase the efficiency of every development sprint and iteration frequency – enhancing product quality, boosting developer satisfaction, and lowering time-to-market while reducing compute costs on-prem and in the cloud. By turning every machine on the network into a supercomputer, Incredibuild’s technology accelerates software builds, boosting development and testing cycles for industries across the board – including videogames, automotive, financial services, software services, interactive entertainment, and embedded technologies.
Incredibuild boasts over a quarter of a million users from 2,500 global organizations, including Epic Games, Adobe, Citibank, Microsoft and more. The company also has offices in the US, Japan, UK and China. Over the course of this year, AWS and Microsoft have both announced partnerships with Incredibuild to integrate its gaming stacks in order to accelerate the go-to-cloud transformation of customers and partners worldwide.
In addition to enhancing platform capabilities and increasing value for customers, the funds will go towards – further strengthening the company’s connections with developers and strategic partners.
FinSMEs
27/06/2022