LinearB, a Los Angeles and Tel Aviv, Israel-based engineering efficiency platform, announced $50 million in Series B financing, bringing total funding for LinearB to $71 million.

The round was led by Tribe Capital, with new investor Salesforce Ventures as well as existing investors Battery Ventures and 83North. 

LinearB will use the Series B funding to scale its engineering team and accelerate the development of its platform. LinearB will also invest in its customer success, sales, and marketing teams to amplify its developer-first philosophy to workflow optimization in new markets across the globe.

Sri Pangular, partner at Tribe Capital, will join the LinearB board.

Company: LinearB, Inc.

Raised: $50.0M

Round: Series B

Funding Month: May 2022

Lead Investors: Tribe Capital

Additional Investors: Salesforce Ventures, Battery Ventures, and 83North

Company Website: https://linearb.io/

Software Category: Software Development Analytics Tools

About the Company:  LinearB is an engineering efficiency tool that correlates data across your tools to identify bottlenecks and automate developer workflow optimization. This developer-first approach to automating engineering improvement uses data as the foundation for creating autonomous, self-improving dev teams. Engineering organizations use LinearB to reduce cycle time, improve planning accuracy and ensure on-time value delivery. LinearB is already being used by more than 100,000 developers around the world to deliver significant and continuous improvement.  

Source: https://www.prnewswire.com/news-releases/linearb-secures-50m-in-funding-increasing-engineering-efficiency-by-enabling-developers-to-spend-more-time-coding-301536405.html