LaunchDarkly Secures $200M to Revolutionize Scalable Feature Management and DevOps Innovation

LaunchDarkly, the pioneering force behind the world’s first scalable feature management platform, has announced a groundbreaking funding round, raising $200 million to fuel its continued growth and innovation. Since its inception in 2014 in Oakland, California by Edith Harbaugh and John Kodumal, LaunchDarkly has redefined the software delivery process for development teams worldwide. By empowering teams to gradually release new software features to any segment of users on any platform, the company has revolutionized the way enterprises approach DevOps, enabling safe, standardized releases at scale while accelerating the journey to the cloud. With daily deployments now peaking at an astounding 20 trillion feature flags, LaunchDarkly is not only setting industry benchmarks but also providing indispensable tools for bridging the gap between development and business teams. The fresh injection of $200 million will be strategically directed toward advancing the platform’s capabilities, expanding its operational footprint, and deepening its integration with cloud technologies and DevOps methodologies. This funding round marks a significant milestone in LaunchDarkly’s journey as it continues to garner accolades, including its prestigious positions on the Forbes Cloud 100 list, InfoWorld’s 2021 Technology of the Year list, and the Enterprise Tech 30 list. The additional capital will support product development, drive technological innovations, and bolster customer engagement and support, ensuring that LaunchDarkly remains at the forefront of the rapidly evolving digital landscape. As development teams worldwide seek faster, more secure methods to innovate, LaunchDarkly is uniquely positioned to deliver unparalleled solutions that transform software delivery into a seamless and inspiring process. This funding announcement not only reflects investor confidence in its trailblazing vision but also reinforces LaunchDarkly’s commitment to shaping the future of feature management for enterprises across the globe.