Copado raises $96 million for Salesforce-native DevOps

19 Feb, 2021

Copado raises $96 million for Salesforce-native DevOps
Photo by Andre Hunter on Unsplash

– Copado, a developer operations (DevOps) platform built for Salesforce, has closed a $96 million series B round co-led by Insight Partners and Salesforce Ventures.
– This follows an initial $26 million series B investment Copado announced last summer.
– The Salesforce ecosystem could be at least 4 times larger than Salesforce itself, according to some estimates, as myriad third parties build sizable businesses off the back of the platform.
– In the past three weeks alone, we’ve seen OwnBackup raise $167.5 million at a $1.4 billion valuation to bring cloud data backups to Salesforce, while fledgling startup Scratchpad secured $13 million for a productivity workspace aimed at Salesforce-powered sales teams.

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