# Release Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/release-technologies

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.releasehub.com
- Total disclosed funding: $23M
- Latest round: Series A (Oct 5, 2021)
- Investors on record: 8

## About

Release Technologies, Inc. offers a platform for ephemeral environments that enhances AI-assisted development. Based in the US, it aims to streamline the testing and deployment processes for tech companies.Release Technologies, Inc. was founded in 2019 in San Francisco, US, by David Giffin, Erik Landerholm, Ryan Mapes, and Tommy McClung. The company specializes in creating isolated testing environments for AI applications and has completed two deals, with the most recent occurring on October 5, 2021. The latest funding round, a Series A, raised USD 20.00 mn with CRV as the lead investor, alongside contributions from Bow Capital, Artisanal Ventures, Hack VC, Sequoia Capital, and Y Combinator. The total amount raised by the company so far stands at USD 20.00 mn.Release specializes in providing a platform designed for ephemeral environments to facilitate AI-assisted development. Its primary offerings include the Release MCP (Model Context Protocol) server, which enables the management of isolated testing environments for features or pull requests. This platform allows for real-time collaboration between developers and AI agents, significantly reducing feedback cycles from days to mere minutes. The main clientele consists of tech companies and development teams, particularly in North America and Europe, who require quick deployment and robust testing of AI applications.Release operates under a subscription-based revenue model, where clients pay for access to its platform for ephemeral environments. Subscriptions can be structured annually or monthly, allowing teams to provision and manage multiple isolated environments as necessary, which supports agile development methodologies. Pricing plans are structured based on user count and the complexity of the environments, with additional charges for advanced features and support services. The revenue generation strategy is anchored around flagship products like the Release MCP server, which enhances client development workflows, while partnerships with enterprise clients ensure a consistent revenue stream through service agreements and support contracts.In October 2021, Release Technologies, Inc. successfully raised USD 20.00 mn in Series A funding, led by CRV, to support the advancement of its platform and expansion initiatives. The company plans to develop new products, enhancing their existing offerings, although specific launch dates have not been disclosed. Additionally, Release is targeting expansion into new geographic regions, focusing on markets in Europe and Asia by 2023 to increase its global footprint. The recent funding will be utilized to accelerate these product developments and support market entry strategies.

## Funding rounds

- Series A, Oct 5, 2021, $20M — CRV, Hong Shan, Y Combinator, Bow Capital, Hack VC, Artisanal Ventures
- Seed, Apr 29, 2021, $2.7M — Hong Shan, Liquid Capital Holdings, Y Combinator, Rogue Venture Partners

## Investors

- Hong Shan — Seed, Series A
- Liquid Capital Holdings (https://capitalatlas.ai/funds/liquid-capital-holdings) — Seed
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed, Series A
- Rogue Venture Partners (https://capitalatlas.ai/funds/rogue-venture-partners) — Seed
- CRV (https://capitalatlas.ai/funds/crv) — Series A
- Bow Capital (https://capitalatlas.ai/funds/bow-capital) — Series A
- Hack VC (https://capitalatlas.ai/funds/hack-vc) — Series A
- Artisanal Ventures (https://capitalatlas.ai/funds/artisanal-ventures) — Series A