XebiaLabs Closes $100M+ Series B Investment
February 12, 2018

XebiaLabs secured a Series B growth investment of over $100M from investors, including Susquehanna Growth Equity and Accel, along with many existing shareholders.

Derek Langone, CEO of XebiaLabs, said: “Tapping into the experiences of these exceptional VC firms, who have guided software industry leaders such as Facebook, Dropbox, Slack, Cloudera, PagerDuty, and Atlassian, will be invaluable as we work with them to define the future of enterprise DevOps.”

“XebiaLabs has a deep understanding of the challenges specific to enterprise software delivery,” said Martin Angert, Director at Susquehanna Growth Equity. “Our investment, together with the recent release of XL Impact, will further extend XebiaLabs’ lead as the gold standard for enterprise DevOps.”

Arun Mathew, partner at Accel, added: “XebiaLabs handles a company’s complexity at scale — a previously impossible feat. This, coupled with their market-leading DevOps platform and innovative technology, makes us excited to be working with such a talented team that recognizes the dynamic obstacles companies go through as they streamline to a DevOps approach.”

As part of the investment, Martin Angert, director at Susquehanna Growth Equity, and Arun Mathew, partner at Accel, will join XebiaLabs’ Board of Directors.

Share this

Industry News

November 04, 2024

Progress announced the completion of the acquisition of ShareFile, a business unit of Cloud Software Group, providing a SaaS-native, AI-powered, document-centric collaboration platform, focusing on industry segments including business and professional services, financial services, industrial and healthcare.

November 04, 2024

Incredibuild announced the acquisition of Garden, a provider of DevOps pipeline acceleration solutions.

October 31, 2024

The Open Source Security Foundation (OpenSSF) announced an expansion of its free course “Developing Secure Software” (LFD121).

October 31, 2024

Redgate announced that its core solutions are listed in Amazon Web Services (AWS) Marketplace.

October 30, 2024

LambdaTest introduced a suite of new features to its AI-powered Test Manager, designed to simplify and enhance the test management experience for software development and QA teams.

October 30, 2024

StackHawk launched Oversight to provide security teams with a birds-eye view of their API security program.

October 30, 2024

DataStax announced the enhancement of its GitHub Copilot extension with its AI Platform-as-a-Service (AI PaaS) solution.

October 30, 2024

Opsera partnered with Databricks to empower software and DevOps engineers to deliver software faster, safer and smarter through AI/ML model deployments and schema rollback capabilities.

October 29, 2024

GitHub announced the next evolution of its Copilot-powered developer platform.

October 29, 2024

Crowdbotics released an extension for GitHub Copilot, available now through the GitHub and Azure Marketplaces.

October 28, 2024

Copado has integrated Copado AI into its Community to streamline support and accelerate issues resolution.

October 28, 2024

Mend.io and HeroDevs have forged a new partnership allowing Mend.io to offer HeroDevs support for deprecated packages.

October 28, 2024

Synechron has acquired Cloobees, a Salesforce implementation partner.

October 24, 2024

Opsera announced its AI Code Assistant Insights.