Collaborative software development project management tools developer Clubhouse Software Inc. announced today it has raised $25 million in a Series B funding led by Greylock Partners.

Clubhouse is a maker of software management tools for development teams, such as DevOps teams, with enterprise-scale tools available for any size of team. Launched in 2016, Clubhouse has overseen more than 5 million projects completed, called “stories” by the company, with more than 20,000 active organizations using its software suite.

“Building great software is the basis of competition for more businesses in more industries than ever before,” said Sarah Guo, a general partner at Greylock and Clubhouse board member. “Yet the aging tools used to organize software development often make the process harder, not easier. With their blazingly fast, simple yet powerful software project management, Clubhouse is reinvigorating a huge but long-stagnant market. They’ve demonstrated both scalability and developer love that we believe has enormous potential.”

Clubhouse launched its flagship product in February 2016 and added an enterprise edition in October 2018. The vision of its product has been to provide an enterprise-ready alternative to Atlassian Corp. plc’s Jira, a popular project tracking tool used by enterprise DevOps teams.

“The hard truth is that we haven’t seen a modern vendor emerge in the last decade in the project management software space – despite huge changes in the overall software development process,” said Neeraj Agrawal, general partner at Battery and Clubhouse board member. “We think Clubhouse is the new market entrant that can really shake up the sector. We have been extremely impressed with the company’s rock-solid team, innovative mindset and revenue traction to date, and we have high hopes for continued growth.”

Clubhouse intends to use this new funding to continue to expand and innovate on its collaboration tools.

According to the company, its software is the first and only project collaboration platform that successfully bridges collaboration across high-growth businesses. This is because the current crop of project management tools on the market are either too simple and do not scale well as teams grow, or they are overly complex and force teams to adopt multiple tools to get the job done.

This is not uncommon across the industry where DevOps teams may integrate both Atlassian and Trello (which was acquired by Atlassian for $425 million in 2017) in order to manage complicated communication and deployment models. Clubhouse argues that these complex management tools create a silo effect that makes collaboration more difficult as it reduces visibility between engineering teams and the rest of the organization.

“Clubhouse is built by engineers for engineers,” said James Turnbull, vice president of engineering at Glitch Inc., an easy-to-use web app developer tool. “The workflow of the tool fits perfectly – we were able to get set up in less than fifteen minutes. It makes my life easier and doesn’t get in the way and allows me to focus on my team and my goals.”

This funding round brings the total raised by Clubhouse to $39 million and the company intends to continue its trend of innovation with software management and scale its team on a trajectory expecting to surpass its one million user milestone next year. In December 2017, Clubhouse closed a $10 million Series A funding round led by Battery Ventures, which have also joined the new funding round alongside Lerer Hippeau.

“Clubhouse is redefining how quality software is created,” said Kurt Schrader, co-founder and chief executive of Clubhouse. “We’re continuing to invest in building a faster and more powerful platform that will power modern software teams and their collaborators to do their best work, while being a joy to use.”

Image: Clubhouse