CircleCI achieves significant business growth as companies increasingly invest in software development

SAN FRANCISCO – (COMMERCIAL THREAD)–Today CircleCI, the leading continuous integration and continuous delivery (CI / CD) platform has announced it has reached over 200,000 teams using their platform as the company celebrates its 10th anniversary.

Founded in 2011, CircleCI has always been at the forefront of software development, providing a best-in-class CI / CD platform to increase developer productivity and improve business results. As the largest CI / CD platform serving thousands of companies like Samsung, Peloton, and Ford Motor Company around the world, CircleCI empowers its customers to bring their ideas to life, at scale, by refining the process. development from start to finish.

Over the past decade, CircleCI has experienced tremendous momentum, driven by new product releases and significant customer growth. With nearly every business in every industry increasingly becoming software-based, improving the testing and validation of new software releases is now a top priority for development teams around the world. CircleCI’s smart and flexible platform is well positioned to help customers increase the speed, accuracy and efficiency of their deployments – from routine bug fixes to innovative new features.

“We have worked hard to evolve this platform to enable every software engineering team to remain flexible, improve productivity, and quickly deliver business value,” said Jim Rose, CEO of CircleCI. “CircleCI has always put the developer first and will continue to do so as we move into the next phase of software development, which relies on the ability to scale quickly without sacrificing reliability. ”

Since 2013, CircleCI has seen a 3,500% increase in usage and customer service in nearly every country in the world. The company also announced a valuation of $ 1.7 billion and a three-year CAGR of 467% in the $ 60 billion CI / CD space, underscoring the huge market potential for CircleCI’s growth.

According to a recent Forrester Total Economic Impact ™ (TEI) Study*, Organizations using CircleCI’s platform reduced their end-to-end software development time by 50% in infrastructure costs and increased developer productivity by 10%, representing a net present value (NPV) of $ 13.98 million and a return on investment (ROI) of 664%.

“Silicon Valley is no stranger to the hype, so it’s rare for a company to consistently deliver without it,” said Cack Wilhelm, Partner, IVP. “CircleCI has been and remains the best cloud native platform for CI / CD. We are encouraged by the breadth of the current market, as the need for shipping software remains closely tied to customers’ insatiable need for faster innovation.

Other notable industry experts believe in CircleCI’s commitment to software development teams, including Hector Aguilar, former president of technology at Okta who recently joined the CircleCI board of directors.

“CircleCI has been instrumental in transforming CI / CD from a ‘must have’ to a ‘must have’ over the years. As software becomes the backbone of how the world works, CI / CD is the keystone in helping teams deliver high quality products quickly and reliably, ”said Hector Aguilar. “The CircleCI team has built a world-class, finely tuned platform to solve one of the technology industry’s biggest challenges in software testing and validation.”

CircleCI has experienced tremendous growth over the past 12 months, including:

Company dynamics

  • Reach a valuation of $ 1.7 billion with $ 100 million in new funding, bringing the total amount raised to $ 315.5 million.

  • The acquisition of Vamp—The world’s first cloud-native release orchestration platform — to deliver first-class release orchestration and change validation to its customers.

  • Almost double their employee base spread around the world, with more than 600 employees working in nine time zones.

  • The addition of three members of the board of directors; Hector Aguilar, former president of technology at Okta; Mark Partin, senior CFO and current CFO of BlackLine; and current Freshworks Marketing Director, Stacey Epstein.

  • Rank No. 242 with a compound annual growth rate (CAGR) of 467 percent on Deloitte Fast 500 Technology™.

  • Be recognized as one of the ‘America’s Best Startup Employers‘by Forbes and a’Better technological work culture‘Finalist for the 2021 Timmy Awards. CircleCI CEO Jim Rose has also been nominated by Constellation Research to its Business transformation 2022 150, an elite roster of leaders leading business transformation efforts around the world.

Product innovation

  • With each industry increasingly focused on software, CircleCI’s CI / CD platform has captured more market share with developer processing reaching over 3 million jobs per day.

  • Over 22,800 years of treated constructions, with a recent report showing 80 percent of workflows ending in less than 10 minutes. In 2020 alone, CircleCI has dealt with over 6,000 years of construction.

  • The availability of major product additions, including: CircleCI webhooks – considering it to be one of the first CI / CD platforms to integrate with Datadog’s new CI visibility tool, the CircleCI Insights Dashboard, CircleCI Runner, CircleCI 3.x server, plus additional Arm support, all to further automate processes so engineering teams can ship software faster and more securely.

  • An increase in adoption of CircleCI orb of 160 percent since the launch of these integrations in 2018. Today, there are over 4,000 orbs listed in the registration.

Ecosystem expansion

  • Established and maintained strategic partnerships with Datadog, Inc., Sumo Logic, IBM RedHat, Snyk and dozens more.

  • Obtained multiple designations for best compatibility with Amazon Web Services (AWS), including: APN Advance Partner, AWS DevOps Competency, ATO on AWS Partner, and Selected AWS Marketplace Partner.

  • launched a Portfolio Partner Program for venture capitalists and accelerators to deliver CircleCI to their startup ecosystems.

Additional resources

* Source: A study commissioned by Forrester Consulting on behalf of CircleCI, September 2021.

About CircleCI

CircleCI is the leader Continuous integration and delivery platform for large-scale software innovation. With intelligent automation and delivery tools, CircleCI is used by the world’s best engineering teams to dramatically reduce the time between idea and execution. The company has been recognized as an innovative leader in cloud native continuous integration by independent research firms and industry awards such as DEVIES, Forbes’s Best Startup Employers of the Year and Technology Fast 500 ™ from Deloitte.

Founded in 2011 and based in downtown San Francisco with a global and remote workforce, CircleCI is backed by Base10, Greenspring Associates, Eleven Prime, IVP, Sapphire Ventures, Top Tier Capital Partners, Baseline Ventures, Threshold Ventures , Scale Venture Partners, Owl Rock Capital, Next Equity Partners, Heavybit and Harrison Metal Capital. Learn more about https://circleci.com.


Source link

Gordon K. Morehouse