Santa Monica-based software engineering startup LinearB has raised $50 million in Series B funding led by San Francisco’s Tribe Capital, the company announced Monday.
New investor Salesforce Ventures and existing investors Battery Ventures and 83North also participated in the round, which takes LinearB’s total capital raised to $71 million.
LinearB, which also has offices in Tel Aviv, Israel, was founded in 2018 by Ori Keren and Dan Lines, former executives at cybersecurity firm Cloudlock (which was acquired by Cisco for $293 million in 2016). Informed by difficulties in scaling software development at Cloudlock, the pair launched LinearB, which is essentially a productivity tracker for engineers that provides data analytics and workflow metrics. The platform documents how many hours have been spent coding, how long it took to deploy code and what percentage of code was failing or creating problems.
The startup said it has grown its customer base from 1,500 to 5,000 software development teams “in the past year,” including clients at Bumble, BigID, Cloudinary, Unbabel and Drata. The new funding will be used to expand LinearB’s engineering, sales and marketing teams and further develop its product.
As working from home becomes the norm, LinearB is one of several software-focused companies aiming to meet the demands of a remote engineering workforce. Sourcegraph, a code-collaboration startup based in San Francisco, has been used by the likes of Tinder and Amazon to help scattered engineers annotate and collaborate on code. Jellyfish, a Boston-based productivity startup, helps managers see what work engineers spend their time on each day.