LinearB, the engineering efficiency platform, has announced $50 million in Series B financing led by Tribe Capital. Joining Tribe Capital in the round is new investor Salesforce Ventures as well as existing investors Battery Ventures and 83North. Sri Pangular, partner at Tribe Capital, will join the LinearB board. This round brings total funding for LinearB to $71 million.
LinearB will use the Series B funding to scale its engineering team and accelerate the development of its platform. LinearB will also invest in its customer success, sales and marketing teams to amplify its developer-first philosophy to workflow optimization in new markets across the globe.
As the company puts it, adoption of LinearB has grown dramatically in the past year, from 1,500 development teams to to now reaching over 5,000, including many leading companies like Bumble, BigID, Cloudinary, Unbabel, and Drata. Part of LinearB’s explosive growth in 2021 was fueled by its free tool, which offers dev teams pipeline metrics in fewer than five minutes.
“This round of funding expands our group of investors who recognize the vast potential of our developer-first approach to engineering efficiency,” said Ori Keren, CEO and co-founder of LinearB.=