Copado secured $26 Million in Series B Funding round led by Insight Partners
Copado, a Chicago based native DevOps platform for Salesforce, has now secured $26 million in Series B funding round.
Copado is founded by Ted Elliott in the year 2013. The company offers a DevOps platform for Salesforce. It helps organizations to accelerate their Salesforce deployments to simplify the release process, increase developer productivity, and maximize return on investment.
The platform is comprised of Release Management, Agile Planning, and Compliance and Testing.
Executive Opinion
Nikitas Koutoupes, Managing Director at Insight Partners and Copado board member, said, "Using DevOps to deliver high-quality software releases with speed and trust is more critical than ever as companies adjust to a COVID world. Remote work and digital customer engagement are the new normal. DevOps helps delivery teams increase release velocity and quality to support new digital strategies. By bringing those tools to Salesforce — the #1 customer relationship platform — Copado is fast becoming a must-have technology for any company looking to meet the demands of accelerated digital transformation. We are excited to continue our partnership with the Copado team as they scale to deliver the in-demand tools and training for the fourth industrial revolution."
Terence Goudriaan, Head of the Digital Customer Experience practice in Europe at Capgemini, said, "We are thrilled to strengthen our relationship with Copado and look forward to helping accelerate its growth. Copado’s ability to provide a consistent development and deployment process and being the single source of truth for delivery, combined with Capgemini’s expertise in managing complex digital transformation programs is a strong assurance for client success."
Copado's Latest Funding
The round which brought the total funding secured to $47 million was backed by the Insight Partners. Other participating investors include Salesforce Ventures, ISAI Cap Venture, Perpetual Investors, and Lead Edge Capital.
The company intends to use the new funds to expand global distribution and accelerate product innovation, which includes its new analytics platform of DevOps, DevOps 360. The latest funding will fuel the hyper-growth of the native Salesforce DevOps platform, notes the announcement.
PC: Pablo, Pixabay
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Udit Agarwal
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Udit Agarwal is a Digital Marketer and a Content Marketing Specialist, He enjoys technical as well as non-technical writing. His passion and urge for gaining new insights on gadgets, smartphones and technology has led him to Techsutram. He quenches his thirst for technology through his action oriented writing skills and a profound ability to stay up to date with latest industry trends.
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