Venture Capital News: Shippable Lands $2M in Seed Funding
2013-12-11
SEATTLE, WA, Cloud-based Application Lifecycle Management (ALM) service for Docker, has raised $2M in seed funding.
Shippable (www.shippable.com), a cloud-based Application Lifecycle Management (ALM) service for Docker, has raised $2M in seed funding. Shippable helps developers ship quality code faster by automating the entire software development workflow from the time it is developed to the time it is deployed.
The round was led by Founders Co-op with participation from Divergent Ventures, Madrona Venture Group, Vulcan Capital, and several prominent angel investors. Shippable was founded by Avi Cavale and Manisha Sahasrabudhe and is a recent graduate of Seattle TechStars 2013.
'It is common knowledge that integrating software early and often helps teams ship software faster. But our epiphany was when we realized that the unwieldiness of virtual machines (VMs) often make this process time consuming and tedious. Of course VMs were an improvement over physical machines, but Docker is another giant leap forward. We already have a continuous integration service that leverages Docker containers natively and is at least 3 times faster that anything out there. We will add more critical ALM components in Q1 of 2014,' said CEO Avi Cavale. 'Containerized software development is going to change DevOps as we know it and we are at the forefront of this transformation.'
Since launching a public beta of their service just 2 months ago, over 2,000 developers have signed up and Shippable users are running over 2,500 integration builds a day.
Co-founders Cavale and Sahasrabudhe bring a depth of business, technical and marketing experience to the company. CEO Avi Cavale has over 10 years experience building highly scalable internet services and has worked on products like Xbox 360, Office365, Azure, and Kinect. Manisha Sahasrabudhe, a UC Berkeley alum, has worked for over 10 years both as a software developer and a program manager.
'As enterprise software investors, we're very familiar with the strategic pressure large firms feel to increase their product agility while maintaining code quality, scaling and security. Shippable has taken a very creative and effective approach to solving many of the common issues that large companies have in the development process,' said Chris DeVore of Founders Co-op. 'We're incredibly excited to work with Shippable in their effort to bring the agility and quality of continuous integration to the emerging world of containerized DevOps.'
Shippable is currently in public beta and will launch commercially early 2014. Sign up here to try it now!
About Shippable
Shippable helps developers ship quality code faster by automating the entire software development workflow from the time it is developed to the time it is deployed. Shippable is based in Seattle, WA.
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