Neuchâtel unicorn CloudBees reaches USD 150 million in revenue and becomes profitable

CloudBees, a global leader in software development platforms, has achieved a major milestone by surpassing USD 150 million in annual recurring revenue and reaching profitability.

Since its founding in 2010 in Neuchâtel, CloudBees has continuously evolved to meet the needs of modern software development, helping companies streamline and secure their software delivery processes. With its SaaS DevSecOps platform, CloudBees has become a trusted partner for over 500 global organizations, including industry giants such as Salesforce, Adobe, and HSBC. CloudBees achieved unicorn status in 2021 when it secured USD 150 million in Series F equity financing, bringing its valuation to over USD 1 billion.

Under the leadership of CEO Anuj Kapur, who took the helm in 2022, CloudBees has focused on empowering developers, securely modernizing applications, and incorporating AI into its product offerings. Kapur’s extensive experience at Cisco and SAP has helped drive the company’s vision to redefine what’s possible with software, ensuring that CloudBees remains a key player in the ongoing transformation of global enterprises to hybrid cloud environments.

CloudBees continues to innovate with major updates to its Jenkins platform and the launch of a new SaaS DevSecOps platform. The company also recently acquired Launchable, a move that strengthens its position in AI, with a particular focus on test suite intelligence. This acquisition brings back Harpreet Singh and Kohsuke Kawaguchi, the creators of Jenkins, at a pivotal time for the company.

Looking forward, CloudBees is well-positioned to capitalize on the growing hybrid cloud market, which is expected to reach over USD 145 billion by 2026. With a strengthened leadership team and a focus on customer-centric innovation, CloudBees is set to lead the future of software development, ensuring security, compliance, and operational efficiency across complex and hybrid environments.