ReleaseHub Reels In $20 Million Series A

<p><a href&equals;"https&colon;&sol;&sol;releasehub&period;com&sol;">ReleaseHub&comma;<&sol;a> a fully-remote company that was based in San Francisco&comma; has completed a &dollar;20 million Series A funding round&period;  Led by <a href&equals;"http&colon;&sol;&sol;www&period;crv&period;com">CRV <&sol;a>with participation from <a href&equals;"https&colon;&sol;&sol;www&period;sequoiacap&period;com&sol;">Sequoia<&sol;a>&comma; <a href&equals;"https&colon;&sol;&sol;www&period;ycombinator&period;com&sol;">Y Combinator&comma;<&sol;a> <a href&equals;"https&colon;&sol;&sol;bowcapital&period;com&sol;team&sol;">Bow Capital&comma;<&sol;a> <a href&equals;"https&colon;&sol;&sol;www&period;artisanalv&period;com&sol;">Artisanal Ventures<&sol;a>&comma; <a href&equals;"https&colon;&sol;&sol;hack-vc&period;com&sol;">Hack VC <&sol;a>and angel investors Amit Agarwal &lpar;Datadog&rpar;&comma; Bill Clerico &lpar;WePay&rpar; and Chase Gilbert &lpar;Built Technologies&rpar;&comma; the Series A follows a &dollar;2&period;7 million seed round in April 2020&period;<&sol;p>&NewLine;<p>ReleaseHub solves the universal problem of the costs and difficulty of creating&comma; managing and maintaining increasingly complex environments for software developers&period; Customers of ReleaseHub are using EaaS to create cloud native full-stack environments with data&comma; on-demand&period; These environments are being used for previewing and QA’ing features in the dev workflow&comma; demoing software with sales demo environments&comma; running production applications and delivering SaaS products into their customer’s virtual private clouds&period; ReleaseHub’s EaaS delivers an exceptional and simple development experience with environments as its core&comma; with the full capability of the major cloud providers&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Making developers and organizations more effective and efficient has been a problem and a challenge everywhere we’ve worked&comma;” said co-founder and CEO Tommy McClung&period; &OpenCurlyDoubleQuote;In addition&comma; development in the cloud has become more complicated&period; Using Kubernetes and deep integrations with each cloud provider to facilitate the ability to reproduce environments&comma; ReleaseHub can replace a ton of work that has been a bespoke maintenance nightmare  allowing developers to do it instantaneously&period;”<&sol;p>&NewLine;<p>Part of the Y Combinator winter 2020 cohort&comma; ReleaseHub was founded by McClung along with Erik Landerholm and David Giffin&period; They previously led the technology team at an ecommerce company where they spearheaded the companywide effort to remove environment bottlenecks&period; There were no commercial solutions at the time so the founders built their own environment management  solution and soon after launched ReleaseHub to commercialize EaaS&period;<&sol;p>&NewLine;<p>&&num;8220&semi;Time and time again we hear from technology companies that managing their environments is becoming increasingly complex as we move to hybrid and microservice based architectures&comma;” said James Green&comma; venture investor at CRV&period;  &OpenCurlyDoubleQuote;Given this complexity&comma; a logical step to making development teams more productive is a platform to automate many of these workflows around environments&period; We came across ReleaseHub through the developer community and were blown away by their product and progress&period; The team experienced this pain themselves while on the leadership team at TrueCar and are now solving this issue at many complex organizations including Shogun&comma; Monad Security and BraveCare&period; We&&num;8217&semi;re delighted to partner with them&period;”<&sol;p>&NewLine;