CircleCI Secures $6 Million Series A Funding to Accelerate Global Expansion

  CircleCI Secures $6 Million Series A Funding to Accelerate Global Expansion

DFJ-led investment fuels continuous integration and delivery service

Business Wire

SAN FRANCISCO -- February 6, 2014

CircleCI, the leader in Continuous Integration and Continuous Delivery, today
announced it has closed a $6 million round of funding round led by DFJ.

Continuous Delivery is the modern development practice, used by companies such
as Amazon, Google, and Facebook, that speeds up development teams by allowing
software development teams to deliver features to their customers in minutes
rather weeks.

"CircleCI makes developers more productive," said Paul Biggar, cofounder and
CEO of CircleCI. "Development speed is critical in today's competitive
development landscape, and maintaining this speed is difficult as apps grow
larger and more complex. This investment allows us to continue to deliver the
features developers need to continuously integrate and deliver software faster
and far more easily on a global scale.”

Automating and accelerating software delivery using CircleCI lets developers
speed time-to-deploy, boost developer productivity, and improve software
quality. CircleCI's fast, scalable Continuous Integration and Continuous
Delivery service frees developers from building and maintaining their own
agile infrastructure and allows them to focus on their core product.

"In a mobile world where customers' expectations are high, there's excitement
around developer tools. These tools empower developers to focus on building
core product rather than the infrastructure around it. With CircleCI, the
company's unique focus on making their customers -- software developers --
makes for a timely offering," said Bubba Murarka, who led the investment for
DFJ and joins CircleCI's board. "The market has welcomed CircleCI, and the
demand for these tools is reflected in the durable traction the company
achieved prior to funding, having grown over 25x since their initial seed
round. Today, CircleCI boasts over 1,000 customers worldwide. Customers love
their product, and all of us at DFJ are thrilled to work with them."

CircleCI previously raised a seed round of $1.5 million in February 2012 led
by the founders of Heroku, Baseline Ventures and Harrison Metal. Notable angel
investors included Heroku and Heavybit founder James Lindenbaum and renowned
Continuous Delivery pioneer Eric Ries.

This transaction represents the single largest round of funding in the
Company’s history. In conjunction with this financing, DFJ’s Murarka will join
CircleCI’s Board.

About CircleCI

San Francisco-based CircleCI is the world’s leading innovator of Continuous
Integration and Continuous Delivery technologies. CircleCI’s tools and
technology automate workflows and enable developer to ship software
significantly faster. CircleCI was founded by Paul Biggar and Allen Rohner in
2011. More than 1000 software development teams including salesforce, Cisco,
Samsung, LiveNation, and BSkyB trust CircleCI’s technology to more effectively
deliver software. CircleCI is a Heavybit company.

About DFJ

DFJ is a venture capital firm that partners with extraordinary entrepreneurs
who set out to change the world. Since 1985, DFJ's core funds have raised $4B,
which has been deployed in more than 300 portfolio investments, including
AdMob, Baidu, Box, Foursquare, Skype, Hotmail, SpaceX, Tesla Motors,
SolarCity, Twitter, Tumblr and Yammer. DFJ works with companies at seed, early
and growth stages, with the goal of creating iconic and lasting businesses.
DFJ pioneers investing in emerging markets including consumer and enterprise
information technology, digital media, and disruptive technologies. Learn more
at dfj.com.

Contact:

Black Swans Media
Michael Ratkevic, 408-209-5181
 
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