Press release

Bitrise Raises $20M Series B to Transform the Way You Build and Operate Mobile Apps

Sponsored by Businesswire

Bitrise, the mobile continuous integration and delivery platform, today
announced a $20 million series B investment. The round was led by Partech
joined by new investor Zobito
and participation from existing investors OpenOcean,
Y Combinator, and Fiedler
. Partech’s Reza Malekzadeh and OpenOcean’s Ekaterina
Almasque will join the company’s board.

“Mobile is the world’s most popular computing platform and critical to
every business’ long term success”, explains Bitrise co-founder and CEO
Barnabas Birmacher. “At the same time, developing for mobile is
fundamentally different than any other form of software development. By
acknowledging those differences, we’ve crafted a mobile CI/CD platform
that unburdens and empowers close to 100,000 mobile developers to
deliver their best possible work. We allow them to overcome the unique
challenges inherent to building and operating mobile applications, from
that first spark of a new idea all the way to massive scale. The fact
that half of the mobile unicorn startups have continued using Bitrise
from their very early stages, through billion-dollar valuations, IPOs
and beyond, is an amazing example of that value in action.”

On the subject of the new round, Birmacher continued, “We’re investing
heavily into expanding the stages of the DevOps process we cover, as
well as bringing management and monitoring for all these processes
together into a single screen mobile DevOps solution. Additionally,
we’re looking to double the number of supported
to 400 by the end of the year. All of this will mean
even less time spent configuring connections to the services you use,
less time looking for the metrics you need and more time to build and
operate impactful mobile experiences. ”

The end-goal is a full mobile DevOps platform, providing all mobile
teams a single place to build and operate world-class mobile
applications from the first install to the one billionth. Additionally,
the company will use the new influx of capital to ramp up hiring in its
US, UK, and Hungarian offices, expand its remote workforce and explore
new locations to support its rapidly growing user base.

Isabel Rios from Mozilla
explained the world of difference a purpose-built mobile CI/CD platform
makes, “From the start, Bitrise fit seamlessly into our development
process. Configuring builds to run was easy and intuitive by using their
system of workflows, steps, and triggers.” “In an agile development
environment, it’s a good and reliable way to know how the app is
behaving at every moment.”

“I believe Bitrise addresses a problem nobody else quite managed to
tackle before,“ said Reza Malekzadeh, General Partner at Partech. “They
allow businesses to capture the immense value represented by doing
mobile ‘right’ while empowering developers to spend their time doing
impactful work. We’re happy to play a role in accelerating their
evolution to a full mobile DevOps platform and I’m excited by the
tremendous opportunity this represents both for Bitrise as well as the
countless app developers they’ll help along the way.”

“Bitrise has delivered stellar results since OpenOcean led their Series
A in 2017,” says Ekaterina Almasque, Partner at OpenOcean. “There is a
massive shift towards a mobile-first IoT–driven world, which introduces
unprecedented levels of complexity in the development and management of
digital services. Bitrise won an impressive group of customers globally
and increased its revenues tenfold in less than two years. We enjoy
working with Bitrise’s talented fast growing team whose grand vision is
to equip major enterprises with what is becoming a de-facto integrated
product suite for mobile applications.”

About Bitrise

Bitrise is the world’s leading platform for mobile app development
automation. Its continuous integration and delivery platform forms the
core of tens of thousands of app development processes worldwide,
including those of Travelex, Virgin Mobile, Careem,
DeNA, Buffer,
Mozilla and more. Founded in 2014, with offices in Budapest, London, and
San Francisco, Bitrise enables teams large and small to build and
operate better mobile applications. Earlier this year, Bitrise acquired
monitoring tech company Outlyer

Bitrise currently processes over 1,500,000 monthly mobile builds for
Android, iOS, React Native, Xamarin, Flutter and more. Bitrise supports over
200 integrations
with the tools, products, and processes developers
use, including app dev favorites Slack, Amazon’s Device Farm, JIRA and
more. Since the spring of 2019, Bitrise has been the
world’s highest-rated
continuous integration software on customer
feedback sites like G2CROWD.

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