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 announced that 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, better testing and validations of new software releases are 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.
âWe have worked hard to evolve this platform to enable every software engineering team to remain flexible, improve productivity, and quickly deliver business value,â said Jim Rose, CEO of CircleCI. âCircleCI 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, highlighting the huge market potential for CircleCI’s growth.
According to a recent study by Forrester Total Economic Impact â¢ (TEI) *, companies using the CircleCI platform have reduced their end-to-end software development time by 50% in infrastructure costs and increased developer productivity. 10%, which represents a present value (NPV) of $ 13.98 million and a return on investment (ROI) of 664%.
âSilicon Valley is no stranger to the hype, so it’s rare for a company to consistently deliver without it,â said Cack Wilhelm, Partner, IVP. âCircleCI has been and remains the best cloud native platform for CI / CD. We’re encouraged by the breadth of today’s 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.
âCircleCI 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, âsaid 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:
Reach a valuation of $ 1.7 billion with $ 100 million in new funding, bringing the total amount raised to $ 315.5 million.
Acquiring Vamp, the world’s first cloud-native release orchestration platform, to deliver world-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 # 242 with a compound annual growth rate (CAGR) of 467% on the Technology Fast 500 â¢ from Deloitte.
To be recognized as one of âAmerica’s Best Startup Employersâ by Forbes and a finalist for âBest Technology Work Cultureâ for the 2021 Timmy Awards. CircleCI CEO Jim Rose was also named by Constellation Research for its 2022 Business Transformation 150, an elite roster of leaders leading business transformation efforts around the world.
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 builds processed, with a recent report showing 80% of workflows complete in less than 10 minutes. In 2020 alone, CircleCI has dealt with over 6,000 years of construction.
Availability of major product additions including: CircleCI webhooks – considering it one of the first CI / CD platforms to integrate with Datadog’s new CI visibility tool, CircleCI Insights dashboard, CircleCI runner , CircleCI server 3.x, as well as additional support for Arm, 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, more than 4,000 orbs are listed in the registry.
Established and maintained strategic partnerships with Datadog, Inc., Sumo Logic, IBM RedHat, Snyk and dozens more.
Achieved multiple designations for best compatibility with Amazon Web Services (AWS), including: APN Advance Partner, AWS DevOps Competency, ATO on AWS Partner, and AWS Marketplace Select Partner.
Launched a portfolio partner program for venture capitalists and accelerators to deliver CircleCI to their startup ecosystems.
* Source: A study commissioned by Forrester Consulting on behalf of CircleCI, September 2021.
CircleCI is the leading 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 â¢ 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 at https://circleci.com.