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CollabNet

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Last Updated: 02 July 2021

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General | Latest Info

CollabNet

IndustrySoftware Company
Founded1999 ; 21 years ago ( 1999 )
FounderTim O'Reilly, Brian Behlendorf and Bill Portelli
HeadquartersAlpharetta, Georgia , United States
Key peopleFlint Brenton (CEO)
ProductsTeamForge, TeamForge SCM, VersionOne, Continuum, VS
Twitter@collabnet

ATLANTA & BOSTON-CollabNet VersionOne, leading provider for Agile planning and collaborative development, and XebiaLabs, leader in release orchestration, deployment, and continuous delivery, announce today that the two companies have merge. Combination, which was backed by TPG Capital, unites CollabNets upstream Agile planning and Enterprise version control functionality with XebiaLabs downstream release orchestration and deployment automation capabilities to create an Agile, end-to-end, DevOps Platform for enterprises. In connection with the transaction, Ashok Reddy, accomplished industry veteran and former Broadcom executive, has joined the combined company as CEO. He replaces Flint Brenton, who is stepping aside to focus on family and personal interests after nearly five years of successful stewardship. Derek Langone, current CEO of XebiaLabs, will serve as President of the combined company. Stephen Gregorio, EVP and CFO of XebiaLabs, will serve as combined company CFO. The combination of CollabNet and XebiaLabs will provide Enterprise customers with end-to-end visibility and Management capabilities need to develop Software quickly, reliably, and securely, ultimately helping accelerate their digital transformation and drive BUSINESS outcomes, say Nehal Raj and Art Heidrich of TPG Capital. We congratulate Flint on his successful tenure, and look forward to partnering with Ashok, Derek, and the broader team to further accelerate our strategy to create a leading Enterprise DevOps Platform Company. Found in 2008, XebiaLabs is a high-Growth provider of release management and automation developer tools. The Companies provide release orchestration and application delivery Software that enables enterprises to orchestrate, automate, and analyze the entire Software release pipeline at Enterprise scale. XebiaLabs downstream capabilities complement CollabNets upstream product portfolio, which includes VersionOne for Enterprise Agile planning and Management, VS for connect workflows and visibility throughout entire delivery Value Stream, and TeamForge for Enterprise-scale version control Management and application lifecycle Management. Both companies ' platforms and tools are recognized by analysts as industry-leading offerings that drive innovation into the market. We are on a mission to fundamentally transform how Enterprise Software development and delivery is done, says Reddy. The combination of CollabNet and XebiaLabs will provide a Platform that enables digital transformation at scale with Agile and DevOps processes to continuously adapt, learn, and improve, especially in the world of AI-driven intelligent apps and experiences. I am thrilled to be joining at this critical juncture and look forward to working with the entire team to lead the combined company through its next chapter of growth. XebiaLabs has established itself as standard for DevOps in large enterprises. Counting among our clients world's largest financial, healthcare, and manufacturing companies, our focus has been on creating Platforms that take advantage of existing tooling and processes while providing scale, standardization, security, and reporting that large companies require, say Langone. I am thankful for what we have been able to achieve with the support of Susquehanna Growth Equity and Accel. By combining XebiaLabs and CollabNet, our mutual clients will now benefit from the most capable Agile DevOps Platform available in the market.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions

History

The company was originally founded as CollabNet in 1999 by Tim OReilly, Brian Behlendorf, and Bill Portelli, who also served as the company's chief executive officer. The founding mission was to create software that help organizations manage and improve software development processes and make them more efficient while producing higher quality software. Vector Capital became a major investor in the company in 2014. In May 2015, Flint Brenton became President and chief executive officer with Portelli remaining on the board of directors. The companies remains privately own. CollabNet merge with VersionOne in 2017, becoming CollabNet VersionOne, and begin expanding its Enterprise Value Stream Management endeavors. TPG Capital acquired CollabNet VersionOne from Vector Capital, announcing investments in company up to 500 million over the next years. Previous additions include the 2010 acquisition of Danube Technologies, company specializing in Agile / Scrum Management software Tools and consulting and training services for organizations implementing Agile. CollabNet also acquired Codesion in 2010. Codesion specializes in cloud development. The Companies has historically focused on innovating on its own and through partnerships, from early ALM, to solutions for government use, to cloud, to DevOps and Value Stream Management. ATLANTA and Boston-January 21 2020-CollabNet VersionOne, leading provider for Agile Planning and collaborative development, and XebiaLabs, leader in release orchestration, deployment, and continuous Delivery, announce today that the two companies have merge. Combination, which was backed by TPG Capital, unites CollabNets upstream Agile Planning and Enterprise Version Control functionality with XebiaLabs downstream release orchestration and deployment automation capabilities to create an Agile, end-to-end, DevOps platform for enterprises.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions

Sources

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions

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