CircleCI secures $31 million series C funding to further continuous integration mission
CircleCI, a San Francisco-based continuous integration and delivery platform provider whose customers include Facebook, Spotify and Sony, has announced the close of a $31 million (£22.5m) series C funding round.
The funding round was led by Top Tier Capital Partners, alongside Industry Ventures and Heavybit, joining existing investors Scale Venture Partners, Baseline Ventures, Harrison Metal, and DFJ Ventures.
The company helps organisations’ development teams automate the build, test and deploy processes in order to release more quickly and nip bugs in the bud. Take Sony as an example. One project in Sony Japan, written in Go made up of Docker-based microservices, offers shared services, such as authentication and user management, across a variety of web applications. Through CircleCI, once a developer commits to GitHub, CircleCI triggers a build, pulls down the code, compiles the Go binaries, creates a deployable image with Docker Build, runs tests, eventually deploying in around 15 minutes.
It is this combination of speed and solidity that makes the company’s value proposition, as CircleCI CEO Jim Rose explains. “In a few short years, we have become one of the largest build systems on the planet. With this latest round of funding, we can now harness the incredible data and insights we’ve collected to invest in prediction and intelligent automation to help all users of CircleCI build better software, faster,” said Rose in a statement.
“Our mission is to give everyone the ability to build and deliver software at the speed of imagination.”
Perhaps one of the more interesting – and prescient – case studies CircleCI has spoken about is that of Coinbase. The digital currency exchange is a confirmed customer, moving away from software as a service to CircleCI’s enterprise offering, being able to more easily auto-balance test run times as a result.
The company’s total funding now stands at $59 million, following a series B of $18m in 2016, a series A of $6m in 2014, and seed and venture rounds in 2013 and 2012 respectively.
Picture credit: CircleCI
- » AWS launches blockchain service – six months after saying it wasn’t interested in the technology
- » Orchestration in the cloud: What is it all about?
- » Danger within: Defending cloud environments against insider threats
- » Step aside ransomware: Why cryptojacking is the new kid on the block
- » It’s time to build a multi-cloud strategy to make the best of falling public cloud prices