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LinearB raises USD 16 million in a Series A funding round
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Mar 10, 2021
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Mar 10, 2021

LinearB raises USD 16 million in a Series A funding round

Funding

  • LinearB, a project management tool for software development teams, announced that it raised USD 16 million in a Series A funding round led by Battery Ventures, with participation from existing investors 83North and Ariel Maislos, and new investor TechAviv Founder Partners. 

  • The round brings total funding to USD 21 million, with the fresh capital being used for product development, in the form of added integrations and automation features, to push its product through to larger enterprises.

  • Founded in 2018, LinearB allows software development teams to bring all their data from third-party tools (e.g., GitHub, GitLab, or Bitbucket) into one platform. LinearB integrates with Jira, Clubhouse, and Slack to provide development teams with a holistic view of projects at various stages, in progress, at risk of being delayed, and completed. The platform has a customer base of 1,500 developer teams from companies such as BigID and Hippo Insurance. The company operates a SaaS model with a freemium version and paid plans starting at USD 10 per user per month.

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