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CloudBees Announces Huge Milestone of $150 Million in Annual Revenue

CloudBees Announces Huge Milestone of 0 Million in Annual Revenue

CloudBees, the world’s leading software development platform, announced at its annual DevOps World that it has achieved record revenue of $150 million, achieved positive cash flow, and now has more than 500,000 developers using its automation platform. The company says all these key metrics ensure it is in a solid position to play an instrumental role in helping the world’s leading companies transition to a new cloud-hybrid technology future.

This monumental achievement was officially announced by CloudBees co-founder Sacha Labourey at DevOps World Virtual 2024 on September 17, 2024, coinciding with the 20th anniversary of Jenkins, the popular open source automation server from CloudBees. The platforms offer enterprise-level support.

“As long-time contributors to the Jenkins project, this event was not only a celebration of the project’s history, but also a look into the future of software distribution,” said Labourey.

In addition to its record revenue, CloudBees also announced that it surpassed more than 500,000 developers using its platform worldwide.

The company says it powers hundreds of well-known businesses across a variety of industries, including finance, healthcare, technology and utilities. Anuj Kapur, who was previously Chief Strategy Officer at Cisco and President of SAP and CEO of CloudBees since 2022, stated that the company expanded its operations, increased its revenue and managed to reach more developers.

According to Kapur, CloudBees is at the forefront of innovation and has pledged to continuously support developers as they tackle the challenges and opportunities of the new cloud hybrid world.

“Global 2000 has three key priorities: empowering developers, modernizing applications securely, and embracing the power of artificial intelligence in transformation journeys,” Kapur said. he said. “ But the reality is that their environments are hybrid, multi-vendor and extremely complex. Open source-based CloudBees can be their partner on this journey with its SaaS DevSecOps platform.”

Under Kapur’s leadership, CloudBees has added a team of accomplished executives who have held leadership positions at world-class organizations such as PayPal, Atlassian and PTC.

Marc Gemassmer, previously managing director of Vectra AI, joined CloudBees as Chief Revenue Officer (CRO) in December 2022. A year later, the company brought Raj Sarkar on board as Marketing Director in November 2023. He was listed among Forbes’ Top 50 Entrepreneurs. Kapur said CMOs Raj will lead the company’s global marketing strategy and execution. Richa Gupta joined the company as Human Resources Director in September.

With a new leadership team led by Kapur, new revenue growth, and an ambition to play a key role in this global technology transition towards a new cloud hybrid future, CloudBees is passionately driving the future and its growth opportunities.

You can find more information about CloudBees on the company’s website. official website.

Contact Information:
Name: Scott Sutherland
Email: Send Email
Organization: Cloudbees
Website: https://www.cloudbees.com/

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