GURGAON: Leading delivery automation vendor XebiaLabs  announced it has closed a $12 million growth equity investment by Washington D.C. based Updata Partners. On this occasion, AnandSahay, CEO Xebia said that Xebia Labs growth clearly highlights that customers globally are looking to accelerate the delivery of software to production.” Anand said that Xebia as a company has specialized in accelerated software development using Agile practices and keeps Continuous delivery and DevOps as the core to its software practices.

Since its founding in 2008, XebiaLabs has experienced dramatic success with over 100 percent revenue growth every year and has gained validation from customers such as General Electric, Expedia, Xerox, KLM, and SociétéGénérale. This financing will be used to fuel continued fast growth globally in the rapidly expanding DevOps and Continuous Delivery market.

"Updata's investment is a vote of confidence in XebiaLabs and our market opportunity," said CoertBaart, XebiaLabs chief executive officer. "Software is the most critical component to the success of many of today's organizations. Lack of automation is preventing companies from delivering software and its corresponding business value fast enough.” 

XebiaLabs helps companies accelerate the rate of innovation and time to market while reducing error and downtime. At the event, DaanTeunissen, Founder Xebia said“With Xebia’s expertise in Continuous Delivery and DevOps, companies can easily move to continuous deployment and create a fully automated customer feedback loop hence quickly adapt their applications to the fast-shifting changes in the market. Daan further added that Customers are now experiencing up to 50 percent faster release times, 50 percent reduction in release cost and eliminate nearly 100 percent of errors in the process.”