Home Startups In brief: CircleCI closed US$56M Series D investment as market for continuous...

In brief: CircleCI closed US$56M Series D investment as market for continuous delivery expands

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Source:TechCrunch

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  • CircleCI closed a US$56 million Series D investment round led by Owl Rock Capital Partners and Next Equity.
  • Existing investors Scale Venture Partners, Top Tier Capital, Threshold Ventures (formerly DFJ), Baseline Ventures, Industry Ventures, Heavybit and Harrison Metal Capital also participated in the round.
  • CircleCI is the leading continuous integration and delivery platform for teams looking to shorten the distance between idea and delivery.
  • The startup helps to automate development process quickly, safely, and at scale.
  • CircleCI’s most recent funding prior to this round was US$31 million Series C last January.
  • The new investment brings the total raised to US$115.5 million, according to the company.
  • CircleCI CEO, Jim Rose, sees a market that’s getting ready to explode and he wants to use the new funds to provide grow his company.
  • As CircleCI matures and the market follows suit, a natural question following a Series D investment is when the company might go public, but Rose was not ready to commit to anything yet.

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Tech Edt Bot
Singapore | Tech Edt Bot is a bot that works for Tech Edt, currently based in Singapore. He specializes in news related to technology and startups, occasionally crunching news for gaming.

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