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CloudBees Acquires ReleaseIQ DevOps Platform

CloudBees Raises $245 Million in New Financing

CloudBees, the leading software delivery platform for enterprises, announced the acquisition of ReleaseIQ to expand the company’s DevSecOps capabilities, empowering customers with a low-code, end-to-end release orchestration and visibility solution. The new SaaS-based offering enables DevOps organizations to rapidly compose and analyze workflows, orchestrating any combination of continuous integration (CI) and continuous delivery (CD) technologies – including Jenkins – without migration or replacement.

“The decision to acquire ReleaseIQ was rooted in three core beliefs: choice, visibility and continuous value,” said Anuj Kapur, president and CEO, CloudBees. “First, businesses need to empower developers by providing a choice of tools versus forcing a toolset. Second, as DevSecOps matures, it is no longer acceptable to have a limited view of your software delivery ecosystem. And lastly, the future of business is rooted in the ability to continuously deliver innovation to the customers you serve.”

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Today’s DevOps teams face excessive development complexity, inefficiency, and cost caused by incoherent, disconnected CI and CD pipelines. A limited view of a singular pipeline causes intelligence gaps and ineffective processes. This new capability enables teams to coordinate coherent, effective deployments and releases across teams, applications and environments, and provides complete visibility into the software delivery practice to advance performance. This non-intrusive, pipeline orchestrator is compatible with most CI technologies including CloudBees CI, Jenkins, CircleCI, GitLab and Bamboo, as well as CD technologies such as ArgoCD or homegrown deployment tools.

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CloudBees provides the leading software delivery platform for enterprises, enabling them to continuously innovate, compete, and win in a world powered by the digital experience. Designed for the world’s largest organizations with the most complex requirements, CloudBees enables software development organizations to deliver scalable, compliant, governed, and secure software from the code a developer writes to the people who use it. The platform connects with other best of breed tools, improves the developer experience, and enables organizations to bring digital innovation to life continuously, adapt quickly, and unlock business outcomes that create market leaders and disruptors.

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