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XebiaLabs Celebrates 185% Year Over Year Growth

BOSTON, MA -- (Marketwired) -- 07/17/14 -- XebiaLabs (www.xebialabs.com), a leading provider of software delivery automation solutions, today announced revenue growth in Q1 and Q2 of 185 percent after doubling revenues in 2013. XebiaLabs helps companies accelerate the rate of software releases into the marketplace while reducing costly errors and downtime.

Since its founding in 2008, XebiaLabs has experienced dramatic success with over 100% revenue growth every year and has gained validation from customers such as General Electric, Expedia, Xerox, KLM, and Société Générale. Its customers experience up to 50% faster release times, and substantial reduction in software release costs.

Success factors contributing to its record Q2 growth include the opening of a sales office and new hires, an infusion of capital funding, a reseller partnership to license and resell Jenkins Enterprise by CloudBees, and the signing of several new customers to XebiaLabs continuous delivery platform including Paychex, KPN, Generali, Easy net, SVB, and Equens.

In June the company closed a $12 million growth equity investment by Washington, D.C. based Updata Partners. This was followed up by the appointment of three additional board members who bring broad business operations, sales and executive leadership experience from such companies as Red Hat Software, Symantec, and Coca-Cola.

XebiaLabs products are used by CIOs, development managers and professionals in quality assurance, testing and operations (DevOps) who view the fast conversion of good ideas into marketable software as a critical business imperative that drives success.

About XebiaLabs
XebiaLabs is the fastest-growing, leading global provider of automation software for DevOps and Continuous Delivery helping companies to accelerate the delivery of new software. XebiaLabs' products provide the automation, efficiency and insight organizations need to meet the demand for faster software deployment cycles. Founded in 2008 and headquartered in Boston, XebiaLabs has a worldwide network of sales offices and partners. For more information, please visit www.xebialabs.com.

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