How Much Did LaunchDarkly Raise? Headquarters, Funding & Key Investors

LaunchDarkly, with a team of 371 employees, has raised $330M through multiple rounds including Series D ($200M, Aug 2021), Venture Round ($54M, Jan 2020), Series C ($44M, Mar 2019), Series B ($21M, Dec 2017), Series A ($8.7M, Dec 2016), and Seed ($2.6M, Jun 2015). Headquartered in Oakland, United States, the company offers a cloud-based feature management platform that enables developers to build software faster using feature flags, experimentation, and release management. Key investors include Lead Edge Capital, Bessemer Venture Partners, Redpoint, Threshold, and Uncork Capital, supporting its mission to accelerate digital transformation.

How Much Did LaunchDarkly Raise? Funding & Key Investors

LaunchDarkly, founded in 2014 in Oakland, California, is a cloud-based feature management platform for software development teams. It provides tools for feature flagging, continuous delivery, experimentation, and release management, enabling teams to deploy software safely and efficiently. The platform also offers SDKs, real-time streaming, analytics, debugging, and automated data export, helping organizations streamline their software delivery process.

What Is LaunchDarkly and What Does It Do?

LaunchDarkly, founded in 2014 by Edith Harbaugh and John Kodumal, is an Oakland-based (United States) platform specializing in cloud-based feature management and continuous delivery.

With a workforce of 371 employees, LaunchDarkly enables software development teams to deploy features gradually and safely using feature flags, experimentation, and release management tools. Its platform streamlines software delivery, reduces risks, and improves user experience, supporting organizations in scaling cloud operations efficiently.

How Much Funding Has LaunchDarkly Raised?

*Seed Round* • Amount Raised: $2.6M
• Date: June 2015
• Lead Investors: Uncork Capital
• Motivation: To further develop the platform and expand the team.\
*Series A* • Amount Raised: $8.7M
• Date: December 2016
• Lead Investors: Threshold
• Motivation: To scale operations and enhance product offerings.\
*Series B* • Amount Raised: $21M
• Date: December 2017
• Lead Investors: Redpoint
• Motivation: To accelerate growth and expand market reach.\
*Series C* • Amount Raised: $44M
• Date: March 2019
• Lead Investors: Bessemer Venture Partners
• Motivation: To enhance platform capabilities and support a growing customer base.\
*Venture Round* • Amount Raised: $54M
• Date: January 2020
• Lead Investors: Bessemer Venture Partners
• Motivation: To continue scaling and innovating new features.\
*Series D* • Amount Raised: $200M
• Date: August 2021
• Lead Investors: Lead Edge Capital
• Motivation: To accelerate growth, scale to more customers, and hire additional engineers.

Total Funding Raised: $330 Million

Current Valuation: $3 Billion (as of Aug 2021)

Latest Funding Date: August 2021

Key Investors

*Lead Edge Capital* • Details: Lead Edge Capital is a growth equity firm that partners with world-class entrepreneurs and exceptional management teams.
• Investment Focus Areas: Technology, internet, software, consumer, healthcare.
• Notable Investments: Alibaba, Spotify, Uber.\
*Bessemer Venture Partners* • Details: Bessemer Venture Partners invests in early-stage companies across various sectors with a long track record of successful startups.
• Investment Focus Areas: Cloud computing, consumer, healthcare, and enterprise technology.
• Notable Investments: LinkedIn, Pinterest, Shopify.\
*Redpoint* • Details: Redpoint is a venture capital firm investing in early and growth-stage technology companies, supporting visionary entrepreneurs.
• Investment Focus Areas: Early and growth-stage technology companies.
• Notable Investments: Netflix, Stripe, Twilio.\
*Threshold* • Details: Threshold invests in early-stage technology companies, helping founders build transformative businesses.
• Investment Focus Areas: Early-stage technology companies.
• Notable Investments: Box, Doximity, Front.\
*Uncork Capital* • Details: Uncork Capital is a seed-stage venture capital firm supporting startups from inception.
• Investment Focus Areas: Seed-stage technology companies.
• Notable Investments: Eventbrite, Postmates, Fitbit.

Where Is LaunchDarkly’s Headquarters?

LaunchDarkly is headquartered in Oakland, California, providing access to a robust tech ecosystem, skilled software developers, and opportunities for innovation in cloud and DevOps solutions.

What’s Next for LaunchDarkly?

LaunchDarkly plans to expand its global presence and scale its cloud-based feature management platform. With a $3B valuation and a growing enterprise customer base, the company aims to deploy trillions of feature flags daily, enhance experimentation capabilities, and support digital transformation initiatives across industries. Continued investment in R&D and engineering talent will strengthen its platform and drive adoption of safe, efficient software delivery worldwide.

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