About Release
Release is a company based in San Francisco (United States) founded in 2019 by David Giffin, Tommy McClung, and Erik Landerholm. It operates as a PaaS (Platform-as-a-Service). Release has raised $22.85 million across 3 funding rounds from investors including CRV, Sequoia Capital and Y Combinator. Release offers products and services including Ephemeral Environments Platform. Release operates in a competitive market with competitors including Odoo, Kony, OutSystems, Replit and Xamarin, among others.
- Headquarter San Francisco, United States
- Founders David Giffin, Tommy McClung, Erik Landerholm
- SectorsTechnology
- Email••••••••
- Website release.com
- Social LinkedIn X
- Total Equity Funding$22.85 M (USD)
in 3 rounds
- Latest Funding Round$20 M (USD), Series A
Oct 2021
- InvestorsCRV
& 7 more
Products & Services of Release
Release offers a comprehensive portfolio of products and services, including Ephemeral Environments Platform.
Platform for creating temporary development environments efficiently.
Funding Insights of Release
Release has successfully raised a total of $22.85M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $20 million completed in October 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $22.9M
- Total Rounds 3
- Last Round Series A — $20.0M
- First Round $150,000
(Jun 2020)
- Investors Count 8
All 3 funding rounds of Release with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2021 | $20.0M | Series A | – | CRV | |
| Apr 2021 | $2.7M | Seed | – | Sequoia Capital | |
| Jun 2020 | $150,000 | Seed | – | Y Combinator | – |
8 investors in total: 8 institutional.
Investors in Release
Release has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include CRV, Sequoia Capital and Y Combinator.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
CRV is recognized as a venture capital firm investing in technology startups. | – | crv.com | Palo Alto, United States | |
Sequoia Capital is engaged in venture capital investments. | 1972 | sequoiacap.com | - | |
Early-stage startups are accelerated via funding and educational programs. | – | ycombinator.com | Mountain View, United States | |
Venture capital firm linking startups to University of California networks. | 2020 | bowcapital.com | Menlo Park, United States | |
Venture capital firm focused on AI and SaaS companies | – | artisanalv.com | - | |
Web3 venture capital firm partnering on blockchain projects. | – | hack.vc | - | |
- | – | roguevp.com | - | |
- | – | liquidcapital.com | - |
Investor details for Release
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Release
7 people are tracked at Release (4 in leadership, 3 in team).
| Name | Role | Group |
|---|---|---|
David Giffin | Co-Founder | Leadership |
Tommy McClung | Co-Founder & CEO | Leadership |
Erik Landerholm | Co-Founder | Leadership |
Myril Shaw | Vice President Of Business Development | Leadership |
Saif Kerawala | Account Executive | Team |
Van Nguyen | Sales | Team |
Marion Newman | Senior Engineering Manager | Team |
Complete people profiles for Release
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Release
3 dated milestones of Release across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Release is founded.
- Funding First funding round of $150K.
- Funding Latest funding round, Series A, of $20.0M.
Competitors of Release
Release operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Odoo, Kony, OutSystems, Replit and Xamarin, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| odoo.com | 2005 | Louvain-la-neuve, Belgium | $482.6M | 1 | Open-source business management software is developed with integrated modules. | |
| kony.com | 2007 | Austin, United States | $107.7M | 222 | Cloud-based platform for field operations and digital banking is provided. | |
| outsystems.com | 2001 | Linda A Velha, Portugal | $802.9M | – | Low-code platform enables application development and deployment without coding. | |
| replit.com | 2016 | Foster, United States | $521.9M | 58 | AI powered application development platform | |
| xamarin.com | 2011 | San Francisco, United States | $82.2M | 254 | Cross-platform application development tools are provided by Xamarin. | |
| digitalocean.com | 2011 | New York, United States | $173.7M | 591 | Cloud based integrated application development platform | |
| progress.com | 1981 | Bedford, United States | – | 450 | IDE-based software is provided for application development and management. | |
| skytap.com | 2006 | Seattle, United States | $127.5M | 138 | Cloud-based environments are delivered for application development and testing. | |
| carto.com | 2012 | New York, United States | $123.0M | – | Cloud based integrated solutons for software development |
Detailed competitors of Release
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Release
The website of Release (release.com) receives about 24.8K visits a month.
- Monthly visits24.8K
▲ 18.6% vs previous month
Websites whose visitors overlap most with Release. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| configu.com | 100% | 41.7K | #820,894 | View details | |
cloud.zilliz.com | cloud.zilliz.com | 99% | – | #598,354 | – |
| codegen.com | 99% | 50.3K | #416,662 | View details | |
| testmonitor.com | 98% | – | #601,908 | View details | |
| practitest.com | 98% | 155.9K | #311,855 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 26 similar websites and full traffic analytics for Release
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 26 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Release
Complete news archive for Release
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Release
10 companies that operate in the same segment as Release (PaaS & SaaS Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
A cloud-based database-as-a-service platform is provided for application development. | 2007 | New York, New York, United States | USD 586.72 M | USD 2.46 B | 5,560 | |
Cloud-based identity management solutions are provided for enterprises. | 2002 | Denver, Colorado, United States | USD 136.89 M | USD 36.94 M | 821 | |
Cloud-based software for continuous application development and deployment. | 2013 | San Francisco, California, United States | USD 202.25 M | – | – | |
Cloud based integrated application development platform | 2011 | New York, New York, United States | USD 173.73 M | USD 901.43 M | 1,210 | |
Identity and access management solutions are provided for developers. | 2013 | Bellevue, Washington, United States | USD 332.75 M | – | – | |
AI-powered database service is provided for enterprise data management. | 2009 | Mountain View, California, United States | USD 251 M | USD 209.47 M | 792 | |
Cloud based database platform for enterprises | 2010 | Santa Clara, California, United States | USD 305 M | – | 422 | |
Saas based provider of integrated platform as a service solutions | 2007 | San Francisco, California, United States | USD 17 M | – | – | |
Cloud based open-source application backend development platform | 2020 | Singapore, Singapore | USD 1.15 B | – | – | |
Open-source business management software is developed with integrated modules. | 2005 | Louvain-la-neuve, Walloon Brabant, Belgium | USD 482.62 M | – | – |
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Frequently Asked Questions about Release
Release was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Release is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Tommy McClung is the current CEO of Release. They have also founded this company.
Release is a funded company, having raised a total of $22.85M across 3 funding rounds to date. The company's 1st funding round was a Seed of $150K, raised on Jun 2020.
Ephemeral development environments are facilitated through a dedicated platform by Release. Solutions for temporary testing and development setups are offered, primarily targeting software developers and tech companies. The focus is placed on streamlining workflows in technology sectors.
Release's top competitors include DigitalOcean, Odoo and OutSystems.
Release offers Ephemeral Environments Platform.
Release has 8 investors. Key investors include CRV, Sequoia Capital, Y Combinator, BowX Acquisition Corp, and Artisanal Ventures.