Chitra Balasubramanian Named to 2023 Constellation Research Business Transformation 150

Recognized Exemplar of Leadership in Driving a Digital Future

Chitra Balasubramanian, Chief Financial Officer at CircleCI, the continuous integration platform for the world’s best engineering teams. (Photo: Business Wire)

SAN FRANCISCO--()--CircleCI, the leading continuous integration and continuous delivery (CI/CD) platform, today announced Chitra Balasubramanian, Chief Financial Officer at CircleCI was recognized by Constellation Research on its 2023 Business Transformation 150, an elite list of executives leading business transformation efforts around the globe.

The post-pandemic business climate has enabled massive digital transformation in a very short period of time. This year’s BT150 nomination process saw a rise in digital leaders who practice what they preach and make an effort to balance stakeholder and shareholder interests.

With more than 20 years experience accelerating business growth through data analysis, Ms. Balasubramian is best known for scaling cutting-edge, innovative technologies, starting at PricewaterhouseCoopers, RetailNext, and now CircleCI.

Since her joining in 2017, Ms. Balasubramanian has fueled the DevOps unicorn to become the leader in continuous integration for software engineering teams using data-oriented decision-making and poised, resilient leadership.

With the market for DevOps tools expected to grow, CircleCI has captured significant market share, with developer processing surpassing 3 million jobs per day. Over the last year, the company announced a $1.7B valuation, made two strategic acquisitions - Vamp and Ponicode, and rolled out the industry’s most performant free CI/CD plan, along with other significant achievements.

“It’s an honor to be recognized on this year’s BT150 among other impressive business transformation leaders," said Chitra Balasubramanian, CFO, CircleCI. "Software is key to business transformation, and as a developer-first company we know that building software and creating digital experiences is complex. With CircleCI, we make it possible for every software team to stay flexible, improve productivity, and deliver business value quickly."

As companies struggle to get innovative digital experiences in front of customers faster, recent research shows that teams using CircleCI have a 664% ROI over three years, including $7.8M saved in shorter development cycles, $4.3M recuperated from lost developer productivity, and $1.7M in increased code quality.

“This year's business and IT executives were challenged more than ever before in a dynamic world rife with seismic disruptions and momentous opportunities," said Dion Hinchcliffe, VP and principal analyst at Constellation Research. "I'm pleased to say that this year's Business Transformation 150 reflects so many of the best and brightest during this time who have done often truly breakthrough work in extremely challenging yet also rewarding times."

Nominations from peers, industry influencers, technology vendors and analysts powered the six-month selection process. Each executive on the list demonstrates an understanding of how the business environment is transforming in response to digital and exponential technologies, and these leaders are actively preparing their companies to excel during and after the transformation.

Ms. Balasubramanian serves on the Board of Trustees for the Computer History Museum and mentors young female entrepreneurs to resolve a variety of business challenges. She frequently shares her insights and perspectives and recently appeared on broadcast segments with the Hill, Cheddar, and the Financial Times discussing the benefits of software and business leadership tips.

In addition to Constellation Research’s BT150 list, she has also been recognized for her outstanding contributions by several notable industry awards including the Women in IT USA Awards and LA Times’ CFO Leadership Awards.

The full listing can be found here:

To learn more about CircleCI go to:

About CircleCI

CircleCI is the leading continuous integration and delivery platform for software innovation at scale. With intelligent automation and delivery tools, CircleCI is used by the world's best engineering teams to radically reduce the time from idea to execution. The company has been recognized as an innovative leader in cloud-native continuous integration by independent research firms and industry awards like the DEVIES, Forbes’ Best Startup Employers of the Year, and Deloitte’s Technology Fast 500™.

Founded in 2011 and headquartered in downtown San Francisco with a global, remote workforce, CircleCI is venture-backed by Base10, Greenspring Associates, Eleven Prime, IVP, Sapphire Ventures, Top Tier Capital Partners, Baseline Ventures, Threshold Ventures, Scale Venture Partners, Owl Rock Capital, Next Equity Partners, Heavybit and Harrison Metal Capital. Learn more at


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