XebiaLabs lands $100 million Series B led by Susquehanna Growth Equity and Accel
Summary
XebiaLabs , the Boston-based software startup that helps companies automate DevOps functions, announced a healthy $100 million Series B investment led by Susquehanna Growth Equity and Accel.He points out that there is a huge expense in terms of time and labor involved in building and maintaining the software systems that run a typical large business.“We streamline that process and redeploy intelligent creative engineers on higher value activities instead of writing plumbing code to move stuff around,” Langone explained.He says his company’s software creates a lot of that underlying code for the customer, saving them the time and expense of doing it manually.They have 200 customers including large enterprises like Bank of America, Keybank, GE and United Health.
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