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New Deal


Announced

Completed

Lead Edge Capital led a $200m Series D funding round in LaunchDarkly.

Financials

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Transaction Value£144m
Consideration TypeCash
Capital Owned-
Capital Bid For7%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Venture Capital

Acquisition

Private Equity

Friendly

software development

Minority

Software

Private

Completed

management platform

United States

Cross Border

Synopsis

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Lead Edge Capital, a software-focused venture firm, led a $200m Series D funding round in LaunchDarkly, a developer of a feature management platform. Additional investors include Top Tier Capital Partners, Insight Venture Partners, Bessemer Venture Partners, Redpoint, Threshold, Uncork Capital and Bloomberg Beta. “Today’s funding round and recognition on the Forbes Cloud 100 List represent an exciting achievement for both our team at LaunchDarkly and the broader software development industry. From our founding as the first enterprise feature management platform in 2014, to serving peaks of 20 trillion feature flags daily, it's clear that feature management is a critical component in the future of software development. In today’s technology and experience-driven economy, every company is looking to software development teams to continuously innovate, and we’re excited to keep empowering those teams to build and deploy products and services for their customers," Edith Harbaugh, LaunchDarkly Co-Founder and CEO.

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