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Announced

Completed

Insight Partners led a $60m Series C funding round in Bitrise.

Financials

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Transaction Value£44m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Hungary

Venture Capital

Private Equity

Mobile DevOps

Minority

Cross Border

Friendly

Completed

Digital Services

Private

Synopsis

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Insight Partners, a private equity and venture capital firm, led a $60m Series C funding round in Bitrise, a Mobile DevOps company, with participation from Partech, Open Ocean, Zobito, Fiedler Capital and Y Combinator. Bitrise has been building towards the current moment in mobile since its launch eight years ago. Mobile has become a primary means of communication, entertainment, and commerce for people around the world, and Bitrise has enabled enterprises to keep up with mobile innovation at an ever-increasing pace. Bitrise was purpose-built for mobile, and the company has become a leader in the mobile DevOps space. We’re honored and excited to partner with Bitrise as they continue to grow,” Josh Zelman, Insight Partners Vice President.

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