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New Deal


Announced

Completed

Insight Partners and Salesforce Ventures led a $96m Series B funding round in Copado.

Synopsis

Insight Partners, an American venture capital and private equity firm, and Salesforce Ventures, a venture capital firm, led a $96m Series B funding round in Copado, a provider of an end to end native DevOps solutions. The round was joined by Lead Edge Capital, ISAI and Perpetual Investors. “The strong performance of Salesforce led to incredible growth for Copado in 2020, resulting in heavy investor interest and an oversubscribed round. Nearly every Salesforce customer is looking to accelerate their development lifecycle, empowering teams to move fast and ship software without the fear of failed deployments. With Copado, businesses can deliver more features, faster, with higher user adoption and increased governance and compliance. While we are thrilled with the results achieved in 2020, we are excited to continue this growth trajectory and focus on building the best DevOps platform for a multi-cloud world,” Ted Elliott, Copado Chief Executive Officer.

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