|[February 06, 2014]
CircleCI Secures $6 Million Series A Funding to Accelerate Global Expansion
SAN FRANCISCO --(Business Wire)--
CircleCI, the leader in Continuous Integration and Continuous Delivery,
today announced it has closed a $6 million round of funding round led by
Continuous Delivery is the modern development practice, used by
companies such as Amazon, Google (News - Alert), and Facebook, that speeds up
development teams by allowing software development teams to deliver
features to their customers in minutes rather weeks.
"CircleCI makes developers more productive," said Paul Biggar, cofounder
and CEO of CircleCI. "Development speed is critical in today's
competitive development landscape, and maintaining this speed is
difficult as apps grow larger and more complex. This investment allows
us to continue to deliver the features developers need to continuously
integrate and deliver software faster and far more easily on a global
Automating and accelerating software delivery using CircleCI lets
developers speed time-to-deploy, boost developer productivity, and
improve software quality. CircleCI's fast, scalable Continuous
Integration and Continuous Delivery service frees developers from
building and maintaining their own agile infrastructure and allows them
to focus on their core product.
"In a mobile world where customers' expectations are high, there's
excitement around eveloper tools. These tools empower developers to
focus on building core product rather than the infrastructure around it.
With CircleCI, the company's unique focus on making their customers --
software developers -- makes for a timely offering," said Bubba Murarka,
who led the investment for DFJ and joins CircleCI's board. "The market
has welcomed CircleCI, and the demand for these tools is reflected in
the durable traction the company achieved prior to funding, having grown
over 25x since their initial seed round. Today, CircleCI boasts over
1,000 customers worldwide. Customers love their product, and all of us
at DFJ are thrilled to work with them."
CircleCI previously raised a seed round of $1.5 million in February 2012
led by the founders of Heroku, Baseline Ventures and Harrison Metal.
Notable angel investors included Heroku and Heavybit founder James
Lindenbaum and renowned Continuous Delivery pioneer Eric Ries.
This transaction represents the single largest round of funding in the
Company's history. In conjunction with this financing, DFJ's Murarka
will join CircleCI's Board.
San Francisco-based CircleCI is the world's leading innovator of
Continuous Integration and Continuous Delivery technologies. CircleCI's
tools and technology automate workflows and enable developer to ship
software significantly faster. CircleCI was founded by Paul Biggar and
Allen Rohner in 2011. More than 1000 software development teams
including salesforce, Cisco (News - Alert), Samsung, LiveNation, and BSkyB trust
CircleCI's technology to more effectively deliver software. CircleCI is
a Heavybit company.
DFJ is a venture capital firm that partners with extraordinary
entrepreneurs who set out to change the world. Since 1985, DFJ's core
funds have raised $4B, which has been deployed in more than 300
portfolio investments, including AdMob, Baidu, Box, Foursquare, Skype (News - Alert),
Hotmail, SpaceX, Tesla Motors, SolarCity, Twitter, Tumblr and Yammer.
DFJ works with companies at seed, early and growth stages, with the goal
of creating iconic and lasting businesses. DFJ pioneers investing in
emerging markets including consumer and enterprise information
technology, digital media, and disruptive technologies. Learn more at dfj.com.
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