Oslo-based Unleash nabs $14M Series A to build open source feature management tool –

Funding Rounds

Summary

It lets you define the rules of segmenting users so that you can have full control on how you enable a new functionality,” company co-founder and CTO Ivar Østhus explained. He said this approach enables a lot more experimentation while reducing the risk of putting something into the production code base that will cause a major issue for users. He found that over time, companies began requesting enterprise features for the tool, and he saw an opening for a commercial venture. “​​By late 2018, I started to see a lot of momentum in the open source adoption and people were reaching out to ask about enterprise functionality. He sees this as a leadership challenge, and to hold them accountable, they report to the board on a monthly basis on how well they are doing from a candidate pipeline perspective.

$ Funding

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Amount $14.0M Total raised
Date March 24, 2022 Announcement date
Investors RedTape Ventures Lead investors
Company http://www.unleash-hosted.com Funded company

Classifications

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applications
Business Intelligence

AskAI Classifications

Labels
Software Development Tools Integrated Development Environment (IDE)

Linked Companies

NINJA IDE
up to $1M
Unleash Hosted
$5M to $10M