Incredibuild Announces $140M In Funding As Cloud Transformation Turbocharges Software Development Cycles
Incredibuild Announces $140M In Funding As Cloud Transformation Turbocharges Software Development Cycles
01/31/22, 12:13 PM
Location
tel avivMoney raised
$140 million
Incredibuild, the software development acceleration platform, today announced a $140 million investment from ScaleUp investor Insight Partners. The investment, which includes both primary and secondary components, will help expand Incredibuild's US operations to meet the rapidly growing demand for its software development acceleration technology. The company, which has been profitable from day one, experienced a 55% increase in revenue in the past year as businesses seek the ability to build and ship software versions faster without compromising on quality. Lead investor Insight Partners is joining Fortissimo Capital who acquired Incredibuild in 2018.
Company Info
Location
tel aviv, tel-aviv district, israel
Additional Info
Incredibuild turbocharges development with our Virtualized Distributed ProcessingTM technology that turns every host into a supercomputer with hundreds of cores. Incredibuild seamlessly distributes processes across idle processors in the network on-prem and dynamically allocates cloud capacity based on availability and cost. Using the same code, processes, and tools, developers and managers accelerate product development with 8x faster builds, 80% shorter release cycles, and 4x the number of iterations, consistently releasing better products to market radically faster.