CircleCI was founded on a simple vision: to make developers more productive. Today represents an important milestone for CircleCI, as we announce our $18M Series B financing round that we’re confident will set the stage for continued growth in this year and beyond. The round was led by Scale Venture Partners with participation from existing investors DFJ, Baseline Ventures and Harrison Metal.
Our dance card was full this round, and Scale Venture Partners perfectly suited our company in both market and culture fit. I’m pleased to welcome Andy Vitus, from Scale Venture Partners to the CircleCI Board of Directors.
The market is uncertain right now, but in the face of uncertainty, good businesses are being built and financed. We want to be there for the next generation of great companies to build on CircleCI. Our funding announcement sends a strong message to our team, our users, and our partners that validates our leadership position and direction in our market.
This funding allows us to grow our company in accordance with our values: a focus on productivity, a company-wide commitment to speak and listen to our customers, and to continue to build stellar products for smart software teams. These are core to what we do at CircleCI and they will remain core as we continue our trend of growth.