Overview

LaunchDarkly provides a platform for developers to manage and automate software features. This feature management platform allows developers to control the features of their software, enabling them to safely ship and merge code, conduct self-serve experimentation, and deliver personalized user experiences. It also enhances the reliability of critical applications by allowing developers to revert feature behaviors without needing to change the code, which boosts their productivity. Unlike many competitors, LaunchDarkly focuses on helping clients innovate quickly, automate software releases, and reduce delivery costs through a subscription-based model. The goal of LaunchDarkly is to empower developers to improve their software development processes and maximize the impact of their software features.

Simplify's Take

What believers are saying

• Acquisition of Houseware enhances analytics capabilities, providing deeper insights for feature management.
• LaunchDarkly's Snowflake Native App improves precision in feature releases through data warehouse experimentation.
• Recognition as a Strong Performer by Forrester may attract more enterprise clients.

What critics are saying

• Integration challenges from Houseware acquisition could disrupt existing services and client satisfaction.
• Snowflake Native App faces competition from established data analytics platforms, affecting adoption.
• Dedicated EU region launch may increase operational costs and regulatory scrutiny.

What makes LaunchDarkly unique

• LaunchDarkly offers a unique feature management platform for safe, scalable software releases.
• The platform enables developers to switch feature behavior without code changes, boosting productivity.
• LaunchDarkly's subscription model provides clients with continuous access to innovative feature management tools.

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Funding

Total Funding

$321.3M

Above

Industry Average

Funded Over

6 Rounds

Notable Investors:

Bessemer Venture PartnersInsight Partners

Notable Investors:

Bessemer Venture PartnersInsight Partners

$200,000,000

Series D

Aug 2021

Series D funding is typically for companies that are already well-established but need more funding to continue their growth. This round is often used to stabilize the company or prepare for an IPO.

Series D Funding Comparison

Above Average

Industry standards

Ind Avg. $77M

$49M

$50M

$70M

$80M

$100M

$200M

View all funding stages