Highlights:

  • According to the platform, developers may save over 13,500 hours of build time every week using its safe, quick, and intelligent build tools and services.
  • Even though Depot is still relatively new, it has already attracted a large following; each month, it helps over 3,000 users from over 1,800 businesses and grows to over one million builds.

Depot Technologies Inc. secured USD 4.1 million in the latest funding. The build acceleration startup wants to enhance offerings by supporting build inputs that can leverage Depot’s acceleration technology.

Depot, a 2022 startup, bills itself as the quickest method for creating Docker images and GitHub Actions processes. Customers can expedite their build operations by utilizing the company’s platform, which offers performance-tuned runners, rapid cache sharing, and support for native central processing unit chips.

The company contends that existing build tools and continuous integration providers are unable to address a significant complaint among developers effectively: sluggish build performance and that software development is still incredibly wasteful and excruciatingly slow. This includes legacy companies, which Depot asserts concentrate on incorrect abstractions, resulting in ineffective software development procedures and heightened developer annoyance.

Depot’s service is marketed to address those problems by altering the way software is developed. According to the platform, developers may save over 13,500 hours of build time every week using its safe, quick, and intelligent build tools and services.

Kyle Galbraith, Co-founder and Chief Executive, said, “All software must be built to run and test code locally. Likewise, developers need to build again in a continuous integration environment before testing and deploying to production. Depot accelerates builds in both environments to make the iteration cycle faster for developers everywhere.”

Even though Depot is still relatively new, it has already attracted a large following; each month, it helps over 3,000 users from over 1,800 businesses and grows to over one million builds. Notable customers include Semgrep, Wistia Inc., and PostHog Inc.

The seed round was led by Felicis Ventures and included participation from Y Combinator Management, Tokyo Black Inc., Aviso Ventures, and several anonymous angel investors.

Felicis Partner Jake Storm said, “All software development relies on being able to efficiently build as quickly as possible across both locally and continuous integration environments. Depot is scaling the build acceleration platform that will revolutionize developer productivity in all environments.”

Before receiving the additional capital, Depot had only received USD 125,000 in the angel round from Y Combinator.