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/PRNewswire/ Incredibuild, creator of the leading hybrid development acceleration platform for developers and DevOps teams, announced today it has raised. ....
March is marked by mega investments in Israel companies Next raises $250m, Yotpo $230m, Orca $210m, Incredibuild $140m and Wiz $130m, capping a quarter when cybersecurity companies took in $1.5 billion. Orca Security celebrates its $210 million funding round, March 2021. Photo courtesy of Orca Security March 2021 saw an unusual number of funding rounds for Israeli companies topping $100 million. The most money was raised by Next Insurance, which completed a $250 million funding round at a valuation of $4 billion. Next brings affordable, tailored insurance products to small businesses and self-employed people in the United States, and recently began a partnership with Amazon to offer digital insurance for the first time through the Amazon Business Prime platform. ....
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 qua ....
By Reuters Staff 2 Min Read JERUSALEM (Reuters) - Israel’s Incredibuild, which helps companies speed up their software development process, said on Wednesday it had raised $140 million in a private funding round led by U.S. venture capital and private equity firm Insight Partners. The financing will help expand Incredibuild’s U.S. operations to meet rapidly growing demand for its software development acceleration technology, the company said. Founded in 2000, Incredibuild says its technology can cut time to market and reduce compute costs by up to 30%. The company posted a 55% increase in revenue over the past year as businesses sought to build and ship software upgrades more rapidly. ....