Unleash plans to use the funds to support European and US expansion. Here are the top-line bullets you need to know.
Unleash, a feature management platform, has raised $14M in a Series A that drew participation from Spark Capital, Alliance Venture, and Frontline Ventures, among others.
How’s the company performing?
- Norway-based Unleash helps developers test and analyze new features.
- The company saw its customer base grow 3x in 2021. Some of its customers include CreditOne Bank, Zain Telecom, Yousician, Superside, and Medidata Solutions.
- In January 2022, the company reported 8x revenue growth year-over-year.
- The company currently has 16 employees and plans to double headcount by the end of 2022.
- The company’s remote-first team operates across the US, Germany, Norway, Denmark, Poland, Spain, Tunisia, and South Africa.
Source: Unleash
Why does the market matter?
- The global continuous delivery market is expected to reach a value of $3.9B by 2023, growing at a CAGR of 18.5%, according to Markets and Markets.
- The increasing demand for app development and deployment automation is contributing to growth in this market.
- Enterprises that have sought to improve the development workflow of remote workforces amid the pandemic have turned to continuous delivery solutions.
