When was Release founded?

Release was founded in 2019 and raised its 1st funding round 1 year after it was founded.

Where is Release located?

Release is headquartered in San Francisco, United States.

Is Release a funded company?

Release is a funded company, having raised a total of $22.8M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on 2020.

When was the latest funding round of Release?

Release's latest funding was a $***** Series A round on Oct 05, 2021, with participation from 6 investors.

Where does Release rank among its competitors?

Release ranks 68th amongst 745 active competitors, of which 103 are funded. It stands 17th in terms of total funding among its competitors.

Who are the top competitors of Release?

Release's top competitors include DigitalOcean, Odoo and Heroku. Among them, Release secured the most recent funding round in October, 2021.

Release - 2026 Company Profile, Team, Funding & Competitors

Release is a series A company based in San Francisco (United States), founded in 2019 by David Giffin, Tommy McClung and Erik Landerholm. It operates as a Platform offering IDE based application development solutions. Release has raised $22.8M in funding from investors like Y Combinator, Sequoia Capital and CRV. The company has 745 active competitors, including 103 funded and 65 that have exited. Its top competitors include companies like DigitalOcean, Odoo and Heroku.

Company Details

Platform offering IDE based application development solutions. It enables developers to build, test and deploy applications in the cloud. It automates the development process by creating environments in the application development lifecycle. The environment is automatically generated and updated when the code is updated.

Website: release.com
Social
Email ID: *****@release.com

Key Metrics

Founded Year

2019

Location

San Francisco, United States

Stage

Series A

Total Funding

$22.8M in 3 rounds

Latest Funding Round

Series A, Oct 05, 2021, $*****

Investors

Y Combinator & 10 more

Ranked

68^th among 745 active competitors

Similar Companies

DigitalOcean & 1005 more

View Release's full profile

Release has raised a total funding of $22.8M over 3 rounds. Its first funding round was on 2020. Its latest funding round was a Series A round on Oct 05, 2021 for $*****. 6 investors participated in its latest round. Release has 11 institutional investors.

Here is the list of recent funding rounds of Release:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 05, 2021	5940102	Series A	5247405	5514808	7043917	5838807
Apr 29, 2021	6162777	Seed	9215185	2393520	6765365	Y Combinator & 2 more
2020	4620	Seed	6968	8299	Y Combinator	5199

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View details of Release's funding rounds and investors

The founders of Release are David Giffin, Tommy McClung and Erik Landerholm. Tommy McClung is the CEO of Release.

Here are the details of Release's key team members:

David Giffin: Co-Founder of Release and founder of 2 other companies, Release and Release. They serve on the board of 1 company.
Contact Info: 3 email addresses
Tommy McClung: Co-Founder & CEO of Release and founder of 4 other companies, including Release, Release and IMSafer.
Contact Info: 2 email addresses
Erik Landerholm: Co-Founder of Release and founder of 3 other companies, Release, CarWoo and Release.
Contact Info: 2 email addresses

View details of Release's Founder profiles and Board Members

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Top competitors of Release include DigitalOcean, Odoo and Heroku. Here is the list of Top 10 competitors of Release, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	DigitalOcean 2011, New York City (United States), Public	Provider of cloud infrastructure, virtual machines, and managed database hosting	$174M	Access Industries, Access Technology Ventures ... & 46 others	80/100
2nd	Odoo 2005, Louvain-la-neuve (Belgium), Public	Developer of open-source business management software with integrated application modules	$483M	Summit Partners, Sofinnova Partners & 9 others	74/100
3rd	Heroku 2007, San Francisco (United States), Acquired	Saas based provider of integrated platform as a service solutions	$17M	Baseline Ventures, Ignition Partners & 16 others	73/100
4th	OutSystems 2001, Linda A Velha (Portugal), Series F	Low code application development platform	$803M	KKR, North Bridge Venture Partners & 13 others	71/100
5th	Vercel 2015, Covina (United States), Series E	Provider of developer tools and cloud infrastructure for web application development and deployment	$563M	Accel, Google Ventures & 21 others	69/100
6th	Cortex 2019, San Francisco (United States), Series C	Developer of an internal developer portal for engineering excellence initiatives	$112M	Sequoia Capital, IVP & 23 others	68/100
7th	Posit 2009, Boston (United States), Series D	Posit \| The Open-Source Data Science Company	$164M	DCVC, Brighton Park Capital	64/100
8th	Azul Systems 2002, San Francisco (United States), Public	IDE based app development platform	$82.2M	Credit Suisse, Lead Edge Capital & 10 others	64/100
9th	Xamarin 2011, San Francisco (United States), Acquired	Provider of cross platform application development platform	$82.2M	Ignition Partners, CRV & 4 others	63/100
10th	Temporal 2019, Seattle (United States), Series C	Platform offering integrated cloud application development solution	$350M	Index Ventures, Sequoia Capital & 7 others	62/100
68th	Release 2019, San Francisco (United States), Series A	Platform offering IDE based application development solutions	$22.8M	Sequoia Capital, CRV & 9 others	38/100