LinearB, the platform for engineering efficiency, today announced a $50 million Series B round led by Tribe Capital.
Salesforce Ventures, new investment in the round, joins current backers Battery Ventures and 83North. Sri Pangular, a partner at Tribe Capital, has been appointed to the LinearB board of directors.
This round takes LinearB’s total financing to $71 million.
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Founded in 2018 by CEO Ori Keren, and COO Dan Lines, LinearB is used by software development companies for engineering analytics and developer workflow optimization. Correlating data from existing project management, Git, deployment, and incident management technologies generates workflow metrics that can be utilized to optimize the development process.
Recognizing that measurements alone would not improve development team performance, LinearB helps engineering teams identify automation opportunities that deliver dramatic and sustained improvement.
LinearB adoption has accelerated significantly over the last year, growing from 1,500 development teams to over 5,000, including many major firms such as Bumble, BigID, Cloudinary, Unbabel, and Drata. LinearB’s spectacular rise in 2021 was aided in no little part by its free tool, which provides developers with pipeline metrics in less than five minutes.
“This round of funding expands our group of investors who recognize the vast potential of our developer-first approach to engineering efficiency,” said Ori Keren, CEO and co-founder of LinearB. “If you’re excited about cutting-edge developer tech, we invite you to join us. We’re looking for talented individuals around the world—software engineers and customer success, sales and marketing experts—who want to create a category-defining platform.”
LinearB user Shuki Levy, a team lead at Jit.io, said, “LinearB automates my non-coding workflows so I have more time to do what I love, build new features. WorkerB has also sped up collaboration between developers to get our code merged faster. It’s one of my favorite tools.”
Engineering organizations that use LinearB to automate development workflows see an average increase of 64% in speed of deployment over 120 days. This level of sustained improvement has led to over a 5x increase in sales since 2021.
“We’re not just building a tool that helps dev teams, we’re creating a community of engineering leaders that want to improve the way software development happens,” said Dan Lines, co-founder, and COO of LinearB.