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Copado Raises $140 Million Series C Round To Expand Its Devops Platform Across Leading Enterprise Saas Clouds, Approaches $1.2 Billion Valuation

Sep 13, 2021•about 4 years ago

Amount Raised

$140 Million

Round Type

series c

Chicago

Description

Copado, a leading DevOps platform powering some of the world's largest digital transformations, today announced it has raised $140 million in Series C financing, bringing the total funds invested in the company to $257 million. The financing was led by Insight Partners with participation from new investors SoftBank Vision Fund 2, Declaration Partners and DG Ventures, as well as existing investors Salesforce Ventures, ISAI Cap Venture (Capgemini and ISAI joint fund), Lead Edge Capital, and Perpetual Investors. Strategic investor IBM Ventures also participated in the round and will provide global expertise to the company as it expands its international presence.

Company Information

Company

Copado

Location

Chicago, Illinois, United States

About

Copado is the leading DevOps platform enabling some of the world's largest digital transformations in the cloud. Backed by Insight Partners and Salesforce Ventures, Copado accelerates cloud deployments, simplifies the release process, increases developer productivity, automates security and compliance, and maximizes return on cloud investments. Copado DevOps 360TM includes Value Planning, Continuous Delivery, Automated Testing, Security and Compliance. More than 1,000 companies run on Copado including Boston Scientific, Coca-Cola, Fair Trade, Linde, MassMutual, Schneider Electric and Shell. Copado processes over 50 million DevOps transactions per month and is rated with a 100% score on the Salesforce AppExchange. More information can be found at: http://www.copado.com. SOURCE Copado

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