Split

Split

Software tool for efficient product rollouts

About Split

Simplify's Rating
Why Split is rated
A
Rated A on Competitive Edge
Rated A on Growth Potential
Rated A on Rating Differentiation

Industries

Data & Analytics

Enterprise Software

Company Size

51-200

Company Stage

Series D

Total Funding

$106.8M

Headquarters

Redwood City, California

Founded

2015

Overview

Split.io enhances the efficiency and safety of product rollouts for software development teams, particularly in large enterprise organizations. Its main product, the Feature Data Platform™, utilizes feature flags, automated rollout monitoring, and A/B testing to streamline the process of releasing new features. Feature flags allow developers to deploy code independently from its release, which speeds up rollouts while maintaining safety. The platform also provides automated monitoring and A/B testing, enabling teams to make decisions based on data rather than intuition. Split.io stands out from competitors with its unique SDK architecture that processes data locally, ensuring that sensitive customer information remains secure and private. The goal of Split.io is to empower product development teams to release features more quickly and safely, while gaining valuable insights to continuously enhance their products.

Simplify Jobs

Simplify's Take

What believers are saying

  • Strategic partnerships with Microsoft Azure and AWS enhance market reach and integration.
  • Recognition in G2's 2024 list highlights strong market position and customer satisfaction.
  • Acquisition by Harness could expand resources and set new software delivery standards.

What critics are saying

  • Acquisition by Harness may disrupt existing customer relationships or alter product focus.
  • Entry into AWS Marketplace increases competition with other feature management solutions.
  • Global Partner Program may face hurdles if partners do not fully engage or benefit.

What makes Split unique

  • Split's Feature Data Platform uses feature flags for faster, safer product rollouts.
  • Automated rollout monitoring and A/B testing enable data-driven decisions, reducing guesswork.
  • Unique SDK architecture processes data locally, ensuring client data privacy and security.

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Funding

Total Funding

$106.8M

Below

Industry Average

Funded Over

5 Rounds

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
Below Average

Industry standards

$77M
$50M
Split
$70M
Twilio
$80M
Handshake
$100M
Affirm

Growth & Insights and Company News

Headcount

6 month growth

-22%

1 year growth

-8%

2 year growth

-8%
PR Newswire
Aug 6th, 2024
Harness Is Named To The 2024 Forbes Cloud 100

Harness ranks among the world's top private cloud companies for the third consecutive yearSAN FRANCISCO, Aug. 6, 2024 /PRNewswire/ -- Harness, the Modern Software Delivery Platform® company, has been named to the Forbes 2024 Cloud 100. The Cloud 100 is Forbes's definitive ranking of the world's top 100 private cloud companies, published in partnership with Bessemer Venture Partners and Salesforce Ventures ."We are honored to be recognized on the Forbes Cloud 100 list. Being on this prestigious list for three years in a row underscores our commitment to innovation and is a testament to the trust and support of our customers and partners," said Jyoti Bansal, co-founder and CEO of Harness. "In an industry that's rapidly evolving with advancements in AI and automation, Harness remains committed to empowering software teams to deliver with speed, quality, and efficiency. Our mission is to transform the software delivery lifecycle, enabling enterprises to thrive in today's dynamic digital landscape."In the rapidly evolving world of software delivery, teams face the challenge of quickly deploying high-quality applications while maintaining security and reliability

Pulse 2.0
May 29th, 2024
Harness: Modern Software Delivery Company Buying Split

Harness, a Modern Software Delivery Platform company, today announced it entered into an agreement to buy Split Software, a leading Feature Management and Experimentation provider. This strategic deal will define a new standard in software delivery, empowering companies to innovate faster and more efficiently than ever before.

Split
Feb 22nd, 2024
And We Made the List: Best Software Development Tools on G2

Split Software, Inc. has been officially added to G2's 2024 list of Best Software Development Tools.

Split
Nov 9th, 2023
Introducing Switch, Split's New AI Developer Assistant

Split Software, Inc. is pleased to announce the launch of Switch, its new AI Developer Assistant.

IT Digest
Nov 1st, 2023
Split Partners with Microsoft to Jointly Deliver Feature Experimentation Service in Microsoft Azure

Split Software, a leading Feature Management and Experimentation provider, announces a new collaboration with Microsoft to develop a product experimentation service within Microsoft Azure.

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