DevOps software provider AutomatePro, based in London, has secured £5 million in Series A funding from UK investor YFM Equity Partners. With this funding, the company plans to expand its presence in the US and further develop its product innovation strategy, including the roll-out of additional enterprise IT clouds. The funds will also support AutomatePro’s sales, marketing, and customer success efforts.
Founded in 2013, AutomatePro offers software integration on the enterprise IT platform ServiceNow for DevOps and automated features testing. The plugin offers intelligent test automation and auditing, allowing software developers to automatically identify software code defects, and it is particularly relevant in regulated sectors such as pharmaceuticals and banking.
ServiceNow has recognized the value of AutomatePro’s product and designated it as an official solutions partner, making it the only third-party app for automated DevOps and software testing in the ServiceNow app store.
This investment marks YFM’s third DevOps software investment in London, following Quality Clouds and Plandek. AutomatePro has previously raised seed money from PrefCap and others, but the company has not specified when the round took place.
Roshan Puri, Investment Director at YFM Equity Partners, praised the company saying “The AutomatePro team has built a world-class SaaS product that’s delivering significant value to some of the largest and most complex organizations.”
Paul Chorley, AutomatePro’s Co-Founder and CEO, expressed his delight at the investment saying “We are delighted to welcome YFM on board as our first institutional shareholder, having recognized early on the alignment with our strategy and values. The investment and support from YFM will enable us to help even more enterprises across the globe accelerate their digital transformation with ServiceNow and other cloud platforms.