OAKLAND, Calif., March 10, 2022 (GLOBE NEWSWIRE) — LaunchDarkly, the leading feature management platform, today announced that it has been named to Wing Venture Capital’s 2022 Enterprise Tech 30 list for the fourth consecutive year. . This recognition solidifies LaunchDarkly as one of the most promising late-stage private technology companies.
Each year, the Enterprise Tech 30 list evaluates more than 15,000 venture capital-backed technology companies, honoring the 30 companies with the greatest potential to tectonically improve business operations. The list, determined through an institutional research process with 95 venture capitalists and 27 business development leaders, has previously honored notable enterprise technology companies including Hashicorp, Databricks and Canva. The list is segmented into four categories based on total capital raised, including early-stage, mid-stage, late-stage, and giga-stage companies.
“Our fourth consecutive recognition on the Enterprise Tech 30 list is a testament to the hard work of the entire LaunchDarkly team in nurturing pioneering features and continuing to support enterprises in their software development needs,” said Edith Harbaugh, co-founder and LaunchDarkly CEO. “The LaunchDarkly platform has become a staple in the developer toolkit, and we continue to innovate in feature management and beyond to equip engineering teams with the tools they need to build the platforms. -the most powerful forms today at scale with less risk.”
Today, LaunchDarkly serves the software development needs of more than 2,000 customers across all industries, including 22 Fortune 100 companies such as SAP, NBC, Ulta, and Paramount. The feature management platform accelerates software testing and deployment to increase the quality, pace, and security of digital innovation. Companies across all verticals, including e-commerce, financial services, healthcare, and media, use LaunchDarkly to optimize software development workflows and, increasingly, to manage cloud migrations between infrastructures. and environments.
“Our Enterprise Tech 30 list recognizes the most promising private companies. The selected companies are leaders in their category, driving change and innovation in the market today to meet the needs of tomorrow,” said Peter Wagner, founding partner of Wing Venture Capital and founder of the Enterprise Tech 30 “I want to congratulate and celebrate all of the winners as they form the backbone of how businesses operate and it is important to shine a light on the companies that are shaping the industry.
LaunchDarkly’s placement on this year’s Enterprise Tech 30 list adds to the company’s accomplishments over the past year. In 2021, the company secured $200 million in Series D funding and tripled its valuation to $3 billion. It also earned its second consecutive recognition on the Forbes Cloud 100 list, the definitive ranking of the top 100 private cloud companies in the world, securing 47th place on the list – jumping 53 positions from its 100th place in 2020.
LaunchDarkly isn’t just a leader in feature management – it’s the first scalable feature management platform. Feature management enables development teams to innovate faster by fundamentally transforming the way software is delivered to customers. With the ability to gradually release new software features for any user segment on any platform, DevOps teams can standardize secure releases at scale, accelerate their transition to the cloud, and collaborate more efficiently. with the sales teams. Today, LaunchDarkly deploys peaks of 20 trillion feature flags per day, and that number continues to grow. Founded in 2014 in Oakland, CA by Edith Harbaugh and John Kodumal, LaunchDarkly has been named to the Forbes Cloud 100 list, InfoWorld 2021 Technology of the Year list, and Enterprise Tech 30 list. Learn more at launchdarkly.com.
The Enterprise Tech 30 list, facilitated by Wing Venture Capital, definitively names the 40 most promising private companies in enterprise technology, as determined by the industry’s leading venture capitalists. He shares insights from the venture capital and business development communities to determine which enterprise startups have the most potential to significantly change the way tech companies operate for the better.
Wing Venture Capital
Founded in 2013, Wing works with ambitious founders to enable the modern enterprise, which is a data-driven, AI-powered agile workplace. We invest early, before it’s obvious, by conducting seed and Series A financings and engaging deeply with our business building skills and resources. Wing’s current portfolio includes some of today’s leading enterprise technology companies such as Snowflake, Cohesity and Gong.
Web Twitter LinkedIn Media
For more information visit: www.wing.vc
Copyright 2022 GlobeNewswire, Inc.