What is Split?
Founded in 2015 and headquartered in Redwood City, California, Split Software provides an industry-leading Feature Delivery Platform. This platform empowers engineering teams to adopt Impact-Driven Development, enabling more strategic and efficient software rollouts. Split's technology is designed to help companies manage feature flags, conduct experiments, and control the release of new features, thereby reducing risk and accelerating innovation. The company's focus on enterprise-level solutions positions it as a key player in the DevOps and software development lifecycle management space.
How much funding has Split raised?
Split has raised a total of $108M across 4 funding rounds:
Series A
$8M
Series B
$17M
Series C
$33M
Series D
$50M
Series A (2017): $8M with participation from Accel partners, Sway Ventures, and Lightspeed Venture Partners
Series B (2018): $17M led by LightSpeed Venture Partners
Series C (2020): $33M supported by M12, Dick Costolo, Lightspeed Venture Partners, Atlassian, Comcast Ventures, Harmony Venture Partners, ServiceNow, Accel, and Adam Bain
Series D (2021): $50M featuring Owl Rock Capital, Accel, Northgate Capital, ServiceNow, Harmony Group Capital, M12, Atlassian, and Lightspeed Venture Partners
Key Investors in Split
M12
M12, Microsoft's Venture Fund, invests in enterprise software companies primarily in the Series A through C funding stages with a focus on applied AI, business applications, infrastructure, security, and vanguard technologies. As part of its value-add to portfolio companies, M12 offers unique access to strategic go-to-market resources and relationships globally.
Lightspeed Venture Partners
Lightspeed Venture Partners (lsvp.com) is a global multistage venture capital firm that raises dedicated funds and invests in early and growthstage technology companies across sectors such as enterprise software, consumer, fintech, and infrastructure, partnering with founders from seed through IPO/M&A.
Comcast Ventures
Comcast Ventures, founded in 1999, is the venture capital affiliate of Comcast Corporation. Based in North America with offices in San Francisco, New York, Philadelphia, and Los Angeles, the firm focuses on investing in consumer, enterprise, and frontier technology companies. With a 20-year track record in the venture capital industry, Comcast Ventures has built a diverse portfolio of more than 130 companies across various sectors. The firm provides capital and strategic support to both B2B and B2C businesses, particularly those in technology, finance, and operations sectors. Comcast Ventures maintains a position among the top 10 most active corporate venture capital firms in the market.
What's next for Split?
The recent major strategic investment in Split signals a strong confidence from its backers in the company's future trajectory. This capital infusion is expected to fuel further product development, enhance sales and marketing initiatives, and potentially expand its global reach. As Split continues to scale, its focus will likely remain on strengthening its Feature Delivery Platform and solidifying its position as a leader in the enterprise software market, particularly within the realm of impact-driven development and feature management.
See full Split company page
