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New Deal


Announced

Completed

Insight Partners led a $140m Series C funding round in Copado.

Financials

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Transaction Value£101m
Consideration TypeCash
Capital Owned-
Capital Bid For12%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Cross Border

Private

Software

software

United States

Minority

Private Equity

Venture Capital

Acquisition

Completed

Friendly

DevOps

Synopsis

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Insight Partners led a $140m Series C funding round in Copado, a DevOps platform powering some of the world's largest digital transformations. Additional investors include SoftBank Vision Fund 2, Declaration Partners, DG Ventures, Salesforce Ventures, ISAI, Lead Edge Capital, Perpetual Investors and IBM Ventures. "DevOps is now strategic to every business as digital economies become mainstream. Nearly every company in the world is looking to accelerate their development lifecycle and empower teams to quickly deliver software without the fear of failed deployments. Since I joined Copado, we've been focused on making release days obsolete, allowing businesses to deliver more features, faster, more securely and with high quality. Copado is powering the next generation of cross-cloud digital transformation," Ted Elliott, Copado CEO.

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