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

May 28, 2020

Docker has extended its strategic collaboration with Microsoft to simplify code to cloud application development for developers and development teams by more closely integrating with Azure Container Instances (ACI).

May 28, 2020

Eggplant announced updates to its Digital Automation Intelligence (DAI) platform.

May 28, 2020

Aptum launched its Managed DevOps Service in partnership with CloudOps, a cloud consulting and professional services company specializing in DevOps.

May 27, 2020

Red Hat announced an expansion of its application services portfolio with the addition of Quarkus as a fully supported framework in Red Hat Runtimes.

May 27, 2020

Couchbase has completed a $105 million all-equity Series G round of fundraising.

May 27, 2020

Aqua Security closed a Series D round of $30M led by Greenspring Associates.

May 26, 2020

GitLab is releasing 13.0 of its DevSecOps platform to enable organizations to efficiently adapt and respond to new and dynamic business challenges.

May 26, 2020

Solo.io announced the availability of the Istio Developer Portal to streamline the developer onboarding process for improved developer experience and increased productivity with added security features.

May 26, 2020

WhiteHat Security will offer free application scanning services to any education institution to support secure online learning.

May 21, 2020

Exadel announced the Grand Prize winner of the “Appery.io COVID-19 Virtual Hackathon.”

May 21, 2020

CloudBees announced significant advances for its Software Delivery Management (SDM) platform – integrations with additional continuous integration and continuous delivery (CI/CD) engines, including Google Cloud Build and Tekton, and extension of the availability of CloudBees’ SDM Preview Program.

May 21, 2020

OutSystems is announcing over 70 development accelerators that ensure web and mobile applications created on the OutSystems low-code development platform can comply with the highest accessibility standards and regulations.

May 20, 2020

Styra announced that Styra Declarative Authorization Service (DAS) now supports microservices and extends context-based authorization to the service mesh.

May 20, 2020

Optimizely announced that its free feature flagging plan for development teams, Rollouts, now also includes A/B testing and feature configuration.

May 20, 2020

StackRox announced new runtime security features in the latest release of the StackRox Kubernetes Security Platform.