This article by Jeffrey Lee highlights the recent funding announcement from LaunchDarkly, a company specializing in feature flags that allows companies to beta launch software with less risk.
Last month, LaunchDarkly raised $8.7m from DFJ, with SoftTechVC and Bloomberg Beta following on. DFJ’s portfolio has had huge wins like Box, Twilio, SolarCity and Tesla. This shows that there is a true pain point in running risk-free beta releases that LaunchDarkly is looking to address. DFJ is betting big on LaunchDarkly becoming the de facto standard for beta release management.