Brisbane-based software company Octopus Deploy receives $223m investment
Global software scaleup investor Insight Partners has invested USD$172.5 million (AUD$223.4 million) for a minority stake in Octopus Deploy, a Brisbane-based deployment automation software company.
The investment is the first outside money Octopus Deploy has ever accepted after years of organic growth and profitability during which it rapidly expanded its enterprise footprint.
Founded in 2012, the software company automates and simplifies complex software deployments, and its customers include the likes of Microsoft, NASA, Xero, Disney, and StackOverflow.
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