Codeship, a web-based continuous delivery service for testing and deploying code, today announced a funding round of $1.5 million from new and existing investors. This latest investment, mostly from existing investors like Sigma Prime Ventures, Boston Seed Capital and F-Prime Capital, brings the total funding raised till date to $4.4 million. Codeship was created to automate and simplify the process of release engineering, and this latest round will further accelerate the company’s growth and momentum.
Codeship has seen significant growth in the past four years, having supported more than 8 million builds. Companies in over 70 countries have taken advantage of the speed in which Codeship’s continuous delivery and continuous integration solutions enable deployment; Codeship has supported millions of technology builds.
The proceeds will be used to:
- Expand Codeship’s presence among larger corporations
- Improve existing products
- Accelerate momentum through an expanded sales team
“Based on our tremendous growth, we are encouraged to continue delivering the best solutions to our customers. This new funding helps us to invest more in improving their technology,” said Moritz Plassnig, CEO of Codeship. “By refining our products and beefing up operations, Codeship can scale more quickly and better support large companies with their DevOps needs.”
“At Product Hunt we use Codeship as the backbone of our team’s test and deployment processes. Because of them we can reliably ship awesome stuff on a daily basis,” said Andreas Klinger, CTO of Product Hunt, a popular discovery site that surfaces the best new products and apps daily. “We’re thrilled about the Codeship team’s success as this only means their product and service will improve, allowing us to be a more efficient team.”
Research from Gartner identifies a significant market opportunity for companies that provide various DevOps toolkits and technology. In fact, the firm predicts that DevOps will become a mainstream strategy employed by more than a quarter of organizations worldwide.