What is CloudBees?
Founded in 2010 and headquartered in San Jose, California, CloudBees is a prominent provider of solutions designed to empower development teams to rapidly meet business demands in software delivery. The company's offerings are crucial for organizations seeking to optimize their software development lifecycle (SDLC) and accelerate time-to-market. CloudBees operates within the competitive DevOps and software engineering tools market, where efficiency, automation, and collaboration are paramount for success. Its established presence and continuous innovation have positioned it as a key player in enabling enterprise-wide digital transformation through enhanced software development practices.
How much funding has CloudBees raised?
CloudBees has raised a total of $273.2M across 8 funding rounds:
Series B
$10.5M
Private Equity
$2M
Series C
$11.2M
Series D
$23.5M
Series E
$62M
Private Equity
$10M
Series F
$150M
Series B (2011): $10.5M led by Matrix Partners and Lightspeed Venture Partners
Private Equity (2013): $2M supported by Lightspeed Venture Partners
Series C (2014): $11.2M featuring Verizon, Lightspeed Venture Partners, Blue Cloud Ventures, and Matrix Partners
Series D (2015): $23.5M backed by Matrix Partners, Lightspeed Venture Partners, Verizon Ventures, and Blue Cloud Ventures
Series E (2018): $62M with participation from Lightspeed Venture Partners, Golub Capital, Delta-v Capital, Verizon, Unusual Ventures, and Matrix Partners
Private Equity (2019): $10M led by HSBC
Series F (2021): $150M supported by Bridgepoint Capital, Goldman Sachs, and Morgan Stanley
Key Investors in CloudBees
Lightspeed Venture Partners
Lightspeed Venture Partners is a global multistage venture capital firm that invests in early and growth-stage technology companies across sectors such as enterprise software, consumer, fintech, and infrastructure, partnering with founders from seed through IPO/M&A.
Matrix Partners
Headquartered in Chicago, Matrix Partners is an award-winning firm that specializes in pet product strategy, advertising and public relations. Passionate About PetsSM since 1987, Matrix has created successful marketing campaigns for hundreds of consumer and pet product brands.
Verizon
Verizon Enterprise Solutions provides network, security, and communications services to business and government clients. The division offers cloud computing, managed services, and IoT solutions to help organizations operate efficiently.
What's next for CloudBees?
The recent major strategic investment signals CloudBees' readiness for its next phase of expansion, likely focusing on scaling its operations, enhancing its product suite, and potentially exploring new market opportunities. With a robust funding history, the company is well-positioned to further solidify its leadership in the DevOps and software delivery automation space. Future strategic initiatives may include acquisitions, deeper integration of AI and machine learning into its platforms, and expanding its global reach to cater to a growing international client base. This sustained financial backing provides CloudBees with the resources to innovate and adapt to the evolving landscape of enterprise software development.
See full CloudBees company page