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Octopus Deploy Has Received a Minority Investment from Insight Partners

Octopus Deploy Profile

  • Octopus Deploy is a unified DevOps automation platform, focused on release management, deployment automation and runbook (Ops) automation
  • The company solves the problems facing developers and operations engineers by bringing release, deployment and operation automation into a single platform
  • Hundreds of thousands of developers and DevOps engineers worldwide use Octopus for the most complicated deployment scenarios across a broad range of verticals and geographies
  • Octopus was founded in 2012 and is headquartered in Brisbane, Australia

Insight Partners Profile

  • Insight Partners is a leading global venture capital and private firm investing in high-growth technology and software companies
  • Founded in 1995, Insight has invested in more than 400 companies worldwide and has raised through a series of funds more than $30 billion in capital commitments
  • Insight’s mission is to find, fund, and work successfully with visionary executives, providing them with practical, hands-on software expertise to foster long-term success
  • Insight is headquartered in New York
“
Our largest customer segment was the enterprise, and after consideration, we decided it was the right step to bring on board an investor that understood enterprise go-to-market, scaling up a company, and a partner that understood what the next 5-10 years of growth will look like for Octopus.

Paul Stovell

Founder & CEO, Octopus Deploy

“
We routinely talk to our portfolio companies about the products they use or that their customers are using and Octopus Deploy came up over and over. The company has flown under the radar, but when you talk to their customers, they are huge fans. It is clear to us that Octopus is the leader in enterprise deployment automation.

Michael Triplett

Managing Director, Insight Partners

  • Insight’s $172.5m minority investment in Octopus Deploy was announced on April 20, 2021
  • This transaction is the first outside investment in Octopus
  • Octopus will continue to run by co-founder and CEO Paul Stovell; the partnership with Insight will allow Octopus to further accelerate growth and continue its track record of rapid business expansion
  • Shea & Company served as the exclusive financial advisor to Octopus Deploy and its shareholders
Read The Press Release