Jellyfish Closes its Series A with $12 Million

Due to the ongoing Coronavirus pandemic, organizations the world over are forced to implement remote working/work-from-home culture. As a result, the demand for remote working solutions is witnessing a hockey stick curve, and many solution providers are cashing-in big time on this mammoth business opportunity. In light of this, Jellyfish, an innovative Engineering Management portal, successfully closes its Series A funding with $12 million from Accel, Wing Venture Capital and First Star Ventures.

“As engineering organizations scale, it becomes increasingly difficult for leaders to keep a pulse on what their teams are working on, whether those things are aligned with the company's strategy, and how these teams are performing. That is especially true of remote and distributed teams, where visibility into the daily work productivity and alignment poses an even greater challenge.

Leaders need a comprehensive picture of their organizations now more than ever. But in a world where software development has become the foundation of modern business, data-driven engineering insights are still scarce,” explains said Andrew Lau, CEO, Jellyfish.

Headquartered in Boston, UK, Jelly fish was incepted in 2017 by Andrew, David Gourley, and Phil Braden. It is one of the leading Engineering Management Platform (EMP) that enables leaders in engineering companies to focus their teams on business & operational aspects that matter the most, thus driving their business & strategic decisions. By aggregating & analysing data from various engineering tools, Jellyfish’s EMP platform offers insights to organizations so that they can align their engineering decisions with strategic business objectives and deliver the right software efficiently, on time.

Speaking on the occasion, Ping Li, Accel, says, “Businesses depend on data now more than ever, but they're just scratching the surface. In modern organizations with distributed engineering teams and remote workforces, the need for data-driven visibility and alignment is stronger than ever. Jellyfish takes a unique approach to data-driven engineering to provide that alignment where others cannot”.