Langone On The Record
Watch out IBM and CA Technologies, red-hot enterprise DevOps specialist XebiaLabs is coming off back-to-back years of more than 100 percent revenue growth with no expectations of slowing down after capturing $100 million in capital funding this week, according to XebiaLabs CEO Derek Langone.
The Burlington, Mass.-based company was named a 'Leader' in Gartner's 2017 Magic Quadrant for Application Release Automation alongside IBM and CA Technologies, with sales growing 117 percent in 2017. "We feel like if we're going to compete for new business against IBM or CA, we have a better than 70 percent chance of winning that business," said Langone, in an interview with CRN. "I feel like 100 percent growth or better from 2017 to 2018 is realistic."
Langone talks to CRN about where its new $100 million in funding will be invested, besting the competition and XebiaLabs' channel charge.