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Andrew Cullum

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Cloudbees Win More Funding - Staying Focused on DevOps

Posted by Andrew Cullum on Thu, Jan 29, 2015 @ 17:01 PM

Ranger4 partner, Cloudbees, have secured a major new venture capital financing round, a sign that their continued embrace of all things DevOps is working. CloudBees focus on supporting and hosting the open source Jenkins project, a continuous delivery platform.
What is Jenkins?

Basically if you’re managing a team of developers, Jenkins can help keep everything properly in line across the lifecycle of developing new code.

CloudBees got its latest funding round from existing investor Lightspeed Venture Partners, which was joined by Matrix Partners and Verizon Ventures. Combined with three previous rounds of investments - the last two of which each brought in $10M - CloudBees has raised more than $50M in capital.

The investment is important for multiple reasons:

1) It’s a validation of the devops movement and open-source Jenkins project

2) It reflects the desire of VC investors to continue supporting a company in CloudBees and providing it with a new infusion of cash after a major pivot

3) It’s a recognition that the pure-play application development PaaS market can be a tough place for startups.

Well done, Cloudbees! You're DevOpstastic.

Topics: Jenkins, DevOps