Comcast Ventures, the corporate venture capital arm of media group Comcast, has led a $33m series C round for US-based software deployment platform developer Split.
M12, the strategic investment subsidiary of software producer Microsoft, also took part in the round, alongside enterprise software publishers ServiceNow and Atlassian and VC firms Accel, Lightspeed Venture Partners, 01 Advisors and Harmony Venture Partners.
Split has created a software development platform that lets enterprises build, track and debug new software tools for existing applications that can be easily toggled on or off, a technique known as feature flagging.
The series C cash will fund product development and the strengthening of Split’s sales and customer support resources. Dave Zilberman, managing director of Comcast Ventures, has joined its board of directors in conjunction with the round.
The round brought the company’s funding to $60m since it was founded in 2015. Lightspeed Venture Partners led its $17m series B round in February 2018, closing the round alongside Harmony Venture Partners and Accel.
Accel had led Split’s $8m series A round the previous year, investing together with Lightspeed and Sway Ventures, following $1.8m in seed funding at an undisclosed date.