Electric Cloud, a company that offers continuous delivery products, services and support to businesses that want to adapt this software design practice, today announced that it has closed a $12 million Series E round with participation from Siemens’ Venture Capital, US Venture Partners, Mayfield Fund, RRE Ventures and Rembrandt Venture Partners. The company previously disclosed this as an $8 million round in September 2013, but today announced that it has added an additional $4 million to this over-subscribed round.
Steve Brodie, Electric Cloud’s CEO, said in a statement announcing the funding that closing the over-subscribed Series E round will help to accelerate company growth and create new ways to help customers deliver better software more efficiently.
The company says the additional funding reflects its “continued growth and market leadership.” Electric Cloud’s services are currently in use by a wide variety of businesses, ranging from Shell Oil to Epic Games, Panasonic Automotive Services, Splunk and SpaceX. Its staff has now grown to 120 employees, and its products include services for agile software development, Android life-cycle management and automotive software.
Continuous integration (that is, ensuring that all developers are synced up by checking on their code regularly) has been commonplace since the 90s. Continuous delivery, however, which goes beyond integration and focuses on the deployment pipeline, is only now really catching on in the enterprise. Already, though, it is a surprisingly competitive field; incumbents like HP to ThoughtWorks and startups like CloudBees’ Jenkins and the increasingly popular Chef are vying for users.