Copado Raises $140M in Series C Funding
Summary
Copado, a Chicago, IL-based DevOps platform for large digital transformations, raised $140m in Series C financing, at a valuation approaching $1.2 billion. The company intends to use the funds to expand its DevOps and AI-enabled testing solutions across the enterprise SaaS platforms, accelerate international growth, particularly into the Asia-Pacific (APAC) market. Led by Ted Elliott, Chief Executive Officer, and Philipp Rackwitz, Chief Strategy Officer, Copado is a DevOps platform to manage cloud deployments, simplify the release process, increase developer productivity, and automate security and compliance. Copado DevOps 360™ includes Value Planning, Continuous Delivery, Automated Testing, Security and Compliance. More than 1,000 companies run on Copado including Boston Scientific, Coca-Cola, Fair Trade, Linde, MassMutual, Schneider Electric and Shell.