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DevZero

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DevZero is a developer platform for remote software development

Seattle, United StatesFounded 2021Cybersecurity
Valuation $100–250M Last recorded · 2023
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for DevZero and the history behind them.

About DevZero

DevZero provides a platform for cloud-based development environments, targeting engineering teams in businesses of all sizes, from startups to large enterprises. The company was founded in 2021 by former Uber and Meta engineers, Debo Ray and Rob Fletcher. Ray, the CEO, previously founded an image-searching company called Genie and later spent nearly six years as a staff engineer at Uber, focusing on infrastructure and cloud security. Fletcher, the COO, has a background in leading security and engineering teams at tech organizations including Uber and Meta. Their collective experience in building and managing complex development tools at large tech companies inspired the creation of DevZero, aiming to democratize access to similar high-level tooling for the broader market.

The company addresses the inefficiency and productivity loss developers face when working with local development environments, which are often resource-constrained and differ significantly from production environments. DevZero's core service offers on-demand, ephemeral, and ready-to-code development environments that mirror production. This allows developers to build, share, and test code in an environment that is consistent and scalable, which can significantly speed up onboarding and development cycles. The platform supports various architectures, including containers, virtual machines, Kubernetes, and serverless, and integrates with developers' preferred local IDEs via a command-line interface. By moving the development environment to the cloud, DevZero helps companies reduce infrastructure spending and improve security by standardizing tooling across the organization. The business model appears to be subscription-based, with pricing starting at a per-user, per-month fee, and it offers both a fully hosted SaaS option and a self-hosted deployment on a customer's own cloud.

A key feature of DevZero's platform is its use of microVMs for Kubernetes cost optimization, which involves live rightsizing of CPU and memory, intelligent instance selection, and adaptive scaling without requiring application changes. This helps teams increase node utilization and reduce cloud costs by eliminating overprovisioning. DevZero announced a combined $26 million in Seed and Series A funding in January 2023. The seed round was led by Foundation Capital, and the Series A was led by Anthos Capital, with participation from investors like Madrona Venture Group and Fika Ventures. The company has office hubs in Seattle and San Francisco and also supports remote team members.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2021
Headquarters
Seattle, United States
Employees
23
Open positions
None listed
Dealroom signal
67.2/100
Industry
Security, Hosting
Sector
Cybersecurity
Business model
SaaS
Client focus
b2b

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES A✓Equity / VC Jan 2023 $21M $84M Foundation Capital · Madrona Venture Group · Anthos Capital · Fika Ventures ↗
SEED✓Equity / VC Jan 2022 $21M $82M Essence Venture Capital —
Showing the latest 2 of 3 recorded eventsBook a demo for the full funding history →

Growth signals

DevZero website traffic

Latest recorded traffic for DevZero is 21K monthly website visits, up 50% over the last three months. DevZero's team declined 8% over the past year.

Latest monthly visits21K 3-month web change+50% 1-year team growth-8%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

6 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed4 investors entered at this stage

Series A1 investor entered at this stage

  • Anthos Capital

Other known investors1 additional known investor

  • Andrew Peterson
Team profiled 10 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇺🇸 United States · Seattle HQ
Book a demo for the full country breakdown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about DevZero on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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