Jellyfish Secures $31.5M Series B to Grow Platform, Sales

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The round was led by Insight Partners, with participation from previous investors Accel and Wing Venture Capital. The company raised a $12 million Series A last May, according to Crunchbase data.

The company’s platform aims to give visibility and insights to what an engineering team is doing and how it matches with business objectives, said co-founder and CEO Andrew Lau. That has become more important as every company has become a software company, he added.

“We saw the acceleration kick in last year, and there is an ability to put this money to work,” Lau said.

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