Bitrise grabs $60M to keep companies updated with constantly changing mobile requirements

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As the world shifts to doing everything with your smartphone, the ability to build better iOS and Android apps has to move along with it. bitrise It aims to be the go-to company for bridging the gap between mobile demand and the company’s ability to get apps out fast while balancing all the moving parts and complexities.

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Today, mobile DevOps company Bitrise announced that it has secured $60 million in Series C funding led by Insight Partners, with participation from existing investors Partech, Open Ocean, Lobito, Fiedler Capital and Y Combinator.

Remote-First Company was co-founded by Barnabas Birmacher, Daniel Balla and Victor Benny in October 2014. Between then and now, we reported on their $3.2 million Series A round back in 2017, but it also increased $20 million in Series B funding in 2019. CEO Burmacher told Nerdshala that the new increase was planned and executed in a matter of weeks, bringing Bitrice’s total funding to nearly $100 million.


Two years ago, the Budapest-headquartered company went through Y Combinator’s growth program to grow its company, and has now tripled its headcount and opened offices in London, San Francisco, Boston and Osaka. .

“Mobile has made two or three years of progress in the last 12 months,” Birmacher said. “This means companies will have to use mobiles to stay competitive, but the way they are developing mobiles is becoming more and more complex.”

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He said developers are busy driving processes, so they can’t focus solely on creating new value for customers.

Bitrise aims to create an end-to-end platform for mobile development that automates core workflows, shortens release cycles and provides a better understanding of how new code will affect live apps before they are released , so companies can focus on taking out the next big one. issue to customers.

To date, the company has over 100,000 developers using it from over 6,000 mobile organizations. It is doubling its revenue year over year and plans to increase its workforce to 300 across its engineering, product, sales and development teams.

In addition to hiring, the new capital will enable Bitrise to expand its offerings so that developers can work more easily in the continuous integration and delivery space and have better overview across the full DevOps lifecycle.

As part of the investment, Josh Zelman, Vice President of Insight Partners, will join Bitrice’s board, while Matt Curran, also Vice President of Insight, will serve as Board Supervisor.

“Bitris has been moving toward the present moment in mobile since its launch eight years ago,” Zelman said in a written statement. “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 Mobile was created with the aim of, And the company has become a leader in the mobile DevOps space.”

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