Incredibuild Announces $140M in Funding as Cloud Transformation Turbocharges Software Development Cycles
- Investment by Insight Partners follows a year of increased product development and 55% growth in revenue
- Incredibuild solves the time to market challenge for customers including Microsoft, Amazon, Citibank, Adobe, Disney, Intel, Samsung, EPIC Games, and Nintendo
TEL AVIV, Israel, March 17, 2021 /PRNewswire/ --
Incredibuild, the software development acceleration platform, today announced a $140 million investment from ScaleUp investor Insight Partners. The investment, which includes both primary and secondary components, will help expand Incredibuild's US operations to meet the rapidly growing demand for its software development acceleration technology. The company, which has been profitable from day one, experienced a 55% increase in revenue in the past year as businesses seek the ability to build and ship software versions faster without compromising on quality. Lead investor Insight Partners is joining Fortissimo Capital who acquired Incredibuild in 2018.