LaunchDarkly Secures $54M

Funding Rounds

▤ Summary

Companies like IBM, TrueCar, and fuboTV are using LaunchDarkly to control feature lifecycles, eliminate risk from deployment processes, and increase efficiency throughout development cycles. "We are excited to support Edith, John and the LaunchDarkly team as they invest in transforming the way that software is built and launched, allowing companies to be more nimble and product-driven. The spike was driven by the increasing pressure companies are experiencing to move quickly, innovate faster, and deliver exceptional user experiences. "LaunchDarkly is creating an entirely new category called feature management," says Scott Raney, General Partner at Redpoint Ventures. The firm has backed more than 120 IPOs, including Pinterest, Shopify, Yelp, LinkedIn, Skype, LifeLock, Twilio, PagerDuty, SendGrid, DocuSign, Wix, and MindBody.

$ Funding

$
Amount $54.0M Total raised
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Date January 16, 2020 Announcement date
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Investors Bessemer Venture Partners Lead investors
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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