Following its three consecutive years of triple-digit growth, DevOps platform Copado has announced that it has raised a $140M Series C round at a valuation of $1.2B. The funding round was led by Insight Partners and also saw participation from SoftBank Vision Fund 2, Declaration Partners, DG Ventures, and a few more investors.
- Copado provides enterprises with a DevOps platform for Salesforce and SaaS clouds to manage every part of the development cycle.
- Copado CEO Ted Elliott said the new funding will be used to expand its end-to-end solution and AI-enabled test automation to support more clouds and focus on growth in the Asia-Pacific region.
- Copado had recently acquired New Context and Qentinel and had raised a $96M Series B round in Feb. 2021.