FinTechFunding

Incredibuild: Raises $140M in Funding

  • Incredibuild, a Tel Aviv, Israel-based software development acceleration platform, raised $140m in funding
  • Insight Partners made the investment, which included both primary and secondary components, joining Fortissimo Capital who acquired Incredibuild in 2018
  • Insight Partners’ Managing Directors Teddie Wardi and Lonne Jaffe and Senior Associate Brad Fiedler will joining Incredibuild’s Board of Directors
  • The company intends to use the funds to expand its US operations
  • Led by Tami Mazel Shachar, CEO, Incredibuild provides a platform that harnesses compute to distribute processes across idle power in a network
  • Built for both the cloud and on-premise environments, Incredibuild serves over 800 customers
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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