Melbourne-based DevOps platform Buildkite secured $28M AUD funding

Buildkite, a Melbourne based provider of CICD platform to test and deploy software, has now secured an AUD 28 Million in the funding round at a valuation of AUD 200 Million.

Buildkite is founded by the Lachlan Donald in the year 2013. It provides continuous integration and continuous delivery (CI/CD) platform to test and deploy software at any scale.

The company's continuous integration and the continuous delivery platform supports over 1000 customers, 30000 engineers, and lets some of the largest companies run fast, secure, and scalable pipelines on their own infrastructure.

Executive Opinion

Lachlan Donald, CEO, and co-founder, Buildkite, said, "A good litmus test for how well a company is run is their approach to CI/CD. When CI/CD doesn’t work, it shows throughout the entire organization - teams slow down, products are delayed and customers turn elsewhere. We want every company to feel confident in their ability to test, build and release software as fast as possible. Buildkite helps companies achieve breakthroughs by giving them the ability to scale and have absolute trust that they are releasing the best software."

Mackey Craven, Partner, OpenView, said, "The needs for scale today are completely different from the needs for scale yesterday. The global pandemic and the resulting economic uncertainty underlines the importance for companies to maximize efficiencies and build for growth. As the world continues to build digital-first applications, we believe Buildkite’s unique approach will be the new enterprise standard of CI/CD and we’re excited to be supporting them in realizing this ambition."

The round was backed by the OpenView, which brings its valuation to around Australian Dollar 200 million. Buildkite's client base includes WayFair, Pinterest, and Shopify. Many high growth SaaS customers among different verticals have selected Buildkite as their preferred CI/CD platform, notes the announcement.

It is possible that the company can use newly raised funds to expand its operations and business outreach.

PC: Pablo, Pixabay