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Brisbane’s Octopus Deploy raised $45.6 million to expand operations, backed by Insight Partners, increasing its valuation to $882 million.

Oct 08, 20252 months ago

Amount Raised

$45.6 Million

South Brisbaneinformation technology & servicesSoftware

Investors

Insight Partners

Description

Octopus Deploy has secured an additional $45.6 million in funding to grow its operations and help developers improve code deployment. This investment increases its valuation to $882 million. The startup is shifting focus from profitability to aggressive expansion. Octopus Deploy was founded in 2012 and has over 4,000 customers.

Company Information

Company

Octopus Deploy

Location

South Brisbane, Queensland, Australia

About

Octopus Deploy sets the standard for Continuous Delivery (CD), empowering software teams to deliver value in an agile way. Globally, more than 4,000 organizations rely on our Continuous Delivery, GitOps, and release orchestration solutions to deliver swift value to their customers.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech