London-based DevOps software provider AutomatePro has closed on £5 million in series A funds from UK investor YFM Equity Partners.
AutomatePro will utilise the runway to build on its presence in the US, with further plans to deliver on its product innovation strategy including roll out on additional enterprise IT clouds. The funds will also support its sales, marketing and customer success efforts.
Founded in 2013, AutomatePro offers a software integration on the enterprise IT platform ServiceNow that's catered to DevOps and automated features testing.
The plug-in enables intelligent test automation and auditing to accelerate ServiceNow-powered software delivery. These tests allow software developers to automatically highlight software code defects, but AutomatePro says they're particularly relevant in highly regulated sectors, like pharmaceuticals and banking.
AutomatePro argues its DevOps solution aligns strongly with ServiceNow's revenue-led approach to enabling software development and enterprise digital transformation.
As a result, ServiceNow has designated AutomatePro's product as an official solutions partner. It is apparently the ServiceNow app store's sole third-party app for automated DevOps and software testing.
The deal also sees AutomatePro become YFM's third DevOps software investment in London, following Quality Clouds and Plandek.
AutomatePro previously raised seed money from PrefCap and others, but hasn't specified when the round took place.
Roshan Puri, YFM Equity Partners investment director, said: "The AutomatePro team has built a world class SaaS product that’s delivering significant value to some of the largest and most complex organisations.
"Intelligent automated testing is a key feature of DevOps best practice and has become a necessity for organisations looking to maximise value from their IT infrastructure and IT talent."
Paul Chorley, AutomatePro's co-founder and CEO, added: "We are delighted to welcome YFM on board as our first institutional shareholder, having recognised early on the alignment with our strategy and values.
"The investment and support from YFM will enable us to help even more enterprises across the globe accelerate their digital transformation with ServiceNow and other cloud platforms. Our customers will benefit from an increased capacity to further innovative our ground-breaking automated DevOps capabilities.”
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