cambridge ukbased gearset devops salesforce 55m
Cambridge, Gearset, a leading provider of tools for Salesforce software, has successfully raised $55 million in a funding round led by Silversmith Capital Partners. The new capital infusion will be utilized to expand Gearset’s product offerings, bolster its sales and marketing functions, and facilitate the team’s expansion across the United States and the United Kingdom.
cambridge ukbased devops salesforce 55m silversmith
Empowering Salesforce Software Development with DevOps Solutions
Founded in 2015 by Kevin Boyle and Matt Dickens, both seasoned software engineers with extensive experience in building DevOps solutions at prominent companies like EA, Redgate Software, and HP, Gearset was born out of the realization that the Salesforce ecosystem could benefit from improved tooling. Salesforce is a popular choice for enterprises due to its adaptability to meet specific business requirements. However, the software development teams often struggle to deliver business-critical applications and enhancements in a timely, secure, and sustainable manner.
cambridge ukbased gearset devops salesforce silversmith
Large enterprises, in particular, grapple with multiple workstreams, disparate approaches to Salesforce development, and numerous development environments containing essential business data. These challenges create governance hurdles and dependency issues between different Salesforce software components.
cambridge ukbased gearset salesforce 55m silversmith
Gearset’s Comprehensive Solution
Gearset addresses these challenges with its comprehensive set of tools for deploying and maintaining Salesforce software across an organization. The platform automatically recommends fixes to packages, enables data backup and restoration, and facilitates easy comparison of changes to metadata. Additionally, Gearset offers visualizations of a company’s software release pipelines, providing real-time status insights and branching options.
cambridge ukbased gearset devops 55m silversmith
The platform can be used as a standalone solution or integrated with existing tools and processes. Through a user-friendly dashboard, developers can efficiently deploy changes to Salesforce environments, configure automated pipelines for updates, and access an audit history of all deployed changes.
ukbased gearset devops salesforce 55m silversmith
Leading the Way in Salesforce DevOps
While Gearset faces competition from other Salesforce DevOps platforms such as Copado, Flosum, OwnBackup, and AutoRabit, the demand for Gearset’s services continues to surge. This demand is closely tied to the growth of Salesforce, which maintains a robust 32.2% share of the customer relationship management software market as of 2021.
cambridge gearset devops salesforce 55m silversmith
Kevin Boyle, CEO of Gearset, expressed his optimism about the platform’s future, stating, “Gearset is fast approaching 2,000 customers, including notable names such as McKesson, Accenture, IBM, Sage, Intercom, Johnson & Johnson, Veolia, Zillow, Sonos, and Tripadvisor. With an annual recurring revenue surpassing $25 million and profitability, we’ve achieved remarkable success without external funding until now.”
ukbased devops salesforce 55m silversmith capital
Expanding Workforce and Global Presence
Headquartered in Cambridge, Gearset plans to grow its current workforce of 150 employees to 220 by the end of the year. The company’s vision is to continue fostering the adoption of modern DevOps practices within the Salesforce community, providing both solutions and training to empower organizations with best practices and agility in software development.
gearset devops salesforce 55m silversmith capital
As Gearset continues to drive innovation in the Salesforce DevOps landscape, the company is poised to make a significant impact in the software development domain, enabling enterprises to optimize their Salesforce investments and deliver high-quality applications efficiently. With this new funding and a growing team, Gearset is well-positioned to realize its mission of transforming the Salesforce development ecosystem with a more streamlined and robust approach to DevOps.