xtypea Tel Aviv, Israel-based provider of a DevOps platform that accelerates ServiceNow app development, has raised $5.8M in Seed funding.
The round was led by Columbia Capital with participation from Inner Loop Capital and SaaS Ventures.
The company intends to use the funds to accelerate its product roadmap by growing its development team, as well as increasing its presence in the US market, expanding its sales and customer success teams.
Founded in 2020 by Ron Gidron, Peter Szulman, and Tobias Stanzel, xtype is a deployment and release automation platform native to ServiceNow. The platform boosts the productivity of development teams and reduces the number of errors and escalations by combining modern DevOps practices with advanced automation and synchronization technology. With xtype, app releases are automated, and new versions are deployed with one click, enabling teams to use a Continuous Delivery approach. Additionally, the platform provides 360° real-time command and control of an organization’s ServiceNow ecosystem preventing unwanted changes from being integrated into a release and providing cross-instance transparency into what has been update, where, and by whom.
The platform is already used by dozens of leading businesses and technology companies, including HP, Zurich Insurance, Bank of Montreal, and Playtika.
FinSMEs
15/09/2022