Headquartered in San Jose, California, CloudBees was founded in 2010 by Francois Dechery and current Chief Strategy Officer Sacha Labourey. Stephen DeWitt leads the company as CEO as it empowers enterprises with an automated software delivery platform with risk mitigation, compliance, governance, and analytics tools built right in. As of March 2022, CloudBees has raised a total of $356.2 million in funding from investors such as Matrix Partners, Lightspeed Venture Partners, HSBC, Goldman Sachs, Morgan Stanley, Bridgepoint, Golub Capital, Verizon Ventures, and Delta-v Capital. The company raised $150 million in December 2021 for a pre-money valuation of $1 billion. As far as going public, DeWitt said during an interview "That depends a lot on the markets. Being a private company gives you a degree of flexibility.” These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
11/23/2021 | Series F | $150MM | $xx.xx | $1.15B | Bridgepoint Capital, Delta-V Capital, Goldman Sachs, Golub Capital, Hsbc, Morgan Stanley | |
Price per Share
$xx.xx
Shares Outstanding
13,407,306
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Bridgepoint Capital, Delta-V Capital, Goldman Sachs, Golub Capital, Hsbc, Morgan Stanley
|
||||||
05/21/2019 | Series E | $48.19MM | $xx.xx | $468.12MM | Delta-V Capital, Hsbc, Lightspeed Ventures, Matrix Partners, Unusual Ventures, Verizon Ventures | |
Price per Share
$xx.xx
Shares Outstanding
7,592,589
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Delta-V Capital, Hsbc, Lightspeed Ventures, Matrix Partners, Unusual Ventures, Verizon Ventures
|
||||||
01/27/2015 | Series D | $23.37MM | $xx.xx | $196.6MM | Blue Cloud Ventures, Lightspeed Venture Partners, Matrix Partners, Verizon Ventures | |
Price per Share
$xx.xx
Shares Outstanding
5,551,227
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Blue Cloud Ventures, Lightspeed Venture Partners, Matrix Partners, Verizon Ventures
|
||||||
03/05/2014 | Series C | $11.26MM | $xx.xx | $56.47MM | Blue Cloud Ventures, Lightspeed Ventures, Matrix Partners, Verizon Ventures | |
Price per Share
$xx.xx
Shares Outstanding
7,440,642
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Blue Cloud Ventures, Lightspeed Ventures, Matrix Partners, Verizon Ventures
|
||||||
07/25/2011 | Series B | $10.83MM | $xx.xx | $40.83MM | Lightspeed Venture Partners, Matrix Partners | |
Price per Share
$xx.xx
Shares Outstanding
7,923,454
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Lightspeed Venture Partners, Matrix Partners
|
||||||
11/29/2010 | Series A | $4.37MM | $xx.xx | $12.48MM | Bob Bickel, Marc Fleury, Matrix Partners | |
Price per Share
$xx.xx
Shares Outstanding
7,016,171
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Bob Bickel, Marc Fleury, Matrix Partners
|