Venture Capital News: Split Raises $50M Series D Funding Round
2021-08-17
REDWOOD CITY, CA, Split, the leading feature delivery and experimentation platform, today announced $50 million in Series D funding.
The round was led by Owl Rock, a division of Blue Owl Capital, with participation from Northgate Capital and existing investors including Accel, Lightspeed Venture Partners, Harmony Partners, Microsoft's venture capital fund M12, Atlassian Ventures, and ServiceNow. This latest round of investment brings Split's total funding to $110 million of which $83 million was raised within the past year.
Split is the leading Feature Delivery and Experimentation Platform for enterprises that want to release features as fast as they can develop them confidently. Split's fine-grained management, real-time monitoring, and data-driven experimentation ensure that new features improve the customer experience without breaking or degrading performance. Split ingests performance data and runs real-time statistical analyses on every new feature so that engineering teams can respond immediately to bad releases, measure changes in user experience, and build high-quality software. Engineering teams at GoDaddy, Twilio, Salesforce, Electronic Arts, Healthfirst, and WePay, a Chase company, trust Split to power their feature delivery.
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