Bitrise hooks $60M as mobile app development skyrockets
Summary
Against this backdrop, Bitrise, a platform for mobile app development, today announced that it raised $60 million in a series C round led by Insight Partners with participation from Partech, Open Ocean, Lobito, Fiedler Capital, and Y Combinator. The tranche, which brings Bitrise’s total raised to nearly $100 million, will be used to expand the company’s customer reach while supporting R&D, CEO Barnabas Birmacher said. They are seeing that, regardless of how big or established they are, doing mobile right is a matter of surviving and thriving as a business.” Budapest, Hungary-based Bitrise, a Y Combinator graduate, was founded in 2014 by Birmacher, Daniel Balla, and Viktor Benei. “Our journey started as a way to solve our own problems, and quickly progressed into us solving problems for many of the largest organizations around the world … [With] Bitrise, teams don’t have to worry about supporting complicated hardware and software that wasn’t built for mobile, and therefore breaks continuously.” Bitrise supports a range of platforms and frameworks including iOS, macOS, Android, Xamarin, Ionic, Cordova, React Native, and Flutter, with block-based workflows that can be rebuilt, specified for repeat stages, and connected together. “We’re investing heavily in building out our larger mobile DevOps ecosystem, which includes our CI/CD platform, our partner network, and user community … And — obviously — we’re hiring talent from around the world to help us deliver on that ambition,” Birmacher said.
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