LaunchDarkly Secures $54M in Funding
Summary
The company, which has raised a total of $130m in funding to date, intends to use the capital to continue to invest in expanding its team and further develop its feature management platform. Founded in 2014 by Edith Harbaugh and John Kodumal, LaunchDarkly provides a feature management platform that software teams use to build software, faster with less risk. Teams can control their entire feature lifecycles from concept to launch to value. Serving over 1 trillion feature flags a day, the platform is used by teams at IBM, TrueCar, fuboTV, Atlassian, Microsoft, and CircleCI. In 2020 the company will open sales offices in Sydney, Australia, and an engineering hub in London, UK.
Funding
Amount
$54.0M
Total raised
Date
January 16, 2020
Announcement date
Investors
Bessemer Venture Partners, LaunchDarkly, Vertex Ventures, Bloomberg Beta, SoftTech VC
Lead investors
Company
https://launchdarkly.com
Funded company
Classifications
industries
No industries detected
applications
Data Management
AskAI Classifications
Labels
Feature Management Software
Experimentation Platform
Software as a Service (SaaS)
Linked Companies
LaunchDarkly
$50M to $100M