CloudBees Gets $23.5 Million in New Financing

Date 2015/1/29 10:04:07 | Topic: Company News

CloudBees, the Enterprise Jenkins Company and continuous delivery leader, today announced a $23.5 million financing round, led by longtime CloudBees investor Lightspeed Venture Partners. Existing investors Matrix Partners, Verizon Ventures and Blue Cloud Ventures also participated in the round.
The latest funding announcement follows earlier rounds of $4 million, $10.5 million and $10.8 million, bringing the total investment in CloudBees to just under $50 million since the company’s inception in 2010. Previous venture investment rounds were led by Matrix Partners, Lightspeed Venture Partners, Verizon Ventures with participation from Blue Cloud Ventures, JBoss alumni Bob Bickel and Marc Fleury, and Ed Bugnion, co-founder of VMware.

CloudBees plans to use the funding to facilitate the ongoing and significant growth the company is experiencing from demand for its continuous delivery (CD) solutions based on Jenkins CI, the leading open source continuous integration (CI) platform. With Jenkins’ global dominance as the hub of continuous delivery for enterprises, CloudBees sees explosive demand in 2015 for its Jenkins-based solutions. The CloudBees solutions enable organizations to leverage Jenkins and CD practices at enterprise scale.

“This investment in CloudBees tops a year of continuous growth and acceleration, fueled by the adoption of continuous delivery as companies in all markets realize that software is eating the world,” said Sacha Labourey, founder and chief executive officer of CloudBees. “We will use the additional capital to serve the growing demand for Jenkins-based solutions worldwide, to continue to capture market share and to further cement our position as the continuous delivery leader.”




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