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
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Sectors
Technology
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Email
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
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Total Equity Funding
$22.85 M (USD)
in 3 rounds
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Latest Funding Round
$20 M (USD), Series A
Oct 05, 2021
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Investors
CRV
& 7 more
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Employee Count
Not available
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Products & Services of Release
Release offers a comprehensive portfolio of products and services, including Ephemeral Environments Platform.
Platform for creating temporary development environments efficiently.
People of Release
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Leadership Team
2 people
Sales and Marketing
2 people
Software Development Team
1 people
Co Team
1 people
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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.
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.
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CRV is recognized as a venture capital firm investing in technology startups.
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Sequoia Capital is engaged in venture capital investments.
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Early-stage startups are accelerated via funding and educational programs.
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Investor details for Release
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Investments & Acquisitions by Release
Investment portfolio details for Release
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Financial Statements - Release
Detailed financials for Release
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Release Comparisons
Peer comparison for Release
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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.
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Open-source business management software is developed with integrated modules.
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Cloud-based platform for field operations and digital banking is provided.
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Low-code platform enables application development and deployment without coding.
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AI powered application development platform
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Cross-platform application development tools are provided by Xamarin.
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Cloud based integrated application development platform
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Detailed competitors of Release
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Release
Complete news archive for Release
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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.
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.