CircleCI is a continuous-delivery pioneer providing automation for building, testing and deploying software. Founded in 2011, the company runs a CI/CD platform and is expanding its roadmap through acquisitions such as Vamp. CircleCI announced a $100M Series F at a $1.7B valuation and has raised more than $315M to date, including a $100M Series E a little over a year earlier. The company said the pandemic accelerated customer demand for automation as teams moved to remote work. The 15-member Vamp team will join CircleCI and its release-orchestration functionality will be folded into the broader platform. CircleCI now has over 550 employees, a headcount that doubled since last year, and CEO Jim Rose said the company is focused on investing in product and customer needs rather than immediate IPO timing. CircleCI is a continuous-delivery pioneer that provides a platform to automate DevOps pipelines for software teams. The company launched in 2011. CEO Jim Rose says usage has surged recently as forced remote work increased demand for automation in DevOps. CircleCI plans to invest the new capital in platform stability and supporting customers through the transition to remote work. Management said it may consider acquisitions if the right opportunities arise. The company is focused on investing in the platform and customers and is not discussing an IPO at this time. CircleCI, founded in 2011, builds a CI/CD platform that automates the steps between developers making code changes and delivering applications to customers. The company benefits from tailwinds including agile practices, containerization and the rise of DevOps, which have helped CI/CD mainstream among developers. CEO Jim Rose says the firm plans to use the new capital as runway to capture growth as traditional industries lean into software. Target customers now include fintechs, insurance companies and retailers that are adopting software-first practices. CircleCI has not committed to an IPO timetable and remains focused on building the business and serving customers. Financially, the company has raised a total of $115.5 million to date, including the latest round. CircleCI is a continuous integration and delivery platform that helps developers automate building, testing, and deploying code. The company offers both a hosted service and an on-premise solution for enterprises that want to run the service behind their firewalls. According to the company, it has 25,000 customers and 300,000 developers using the platform, a 100 percent year-over-year increase. The platform processes over 7 million builds per month and counts customers such as GoPro, Spotify, Blue Apron, Lyft, Facebook, Coinbase, Docker, Heroku and Change.org. CircleCI competes with tools like Travis CI, Jenkins and Codeship in the CI/CD space. With the new financing, its total funding rises to $56.5 million. Investors say the company is well positioned to help teams deliver products amid the rise of microservices and agile development as it enters its next stage of growth. CircleCI provides developers at technology-driven companies including Facebook, Sony, Kickstarter, and Spotify with a software delivery platform to automate build, test, and deploy processes. Its offerings include CircleCI Enterprise for on-prem deployment and CircleCI for OS X to test and deploy iOS apps. The on-prem deployment enables customers to maintain control over access to source code, test databases, and other resources. Founded in 2011 and led by CEO Jim Rose, the company is based in San Francisco, CA. CircleCI raised $18M in Series B funding and has raised $28M in total funding. The company plans to use the funds for product development, expansion of operations, and to scale sales and infrastructure.

Total raised

$313M

Funding rounds

7

Latest round

Series F

Latest activity

May 2021