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== History ==
== History ==
Buildkite was founded in September 2013 as Buildbox, with the product out of beta in November.<ref>{{Cite web |title=Good news everyone! Buildbox is now officially out of Beta |url=https://buildkite.com/blog/out-of-beta |access-date=2024-01-22 |website=Buildkite |language=en-US}}</ref> According to cofounder Lachlan Donald, Buildkite was profitable in the first month after launching.<ref>{{Cite web |last=Chan |first=Rosalie |title=Profitable Australian DevOps startup Buildkite explains how its new $28 million in funding will let it spread the word about being 'the best-kept secret in the developer tool space' |url=https://www.businessinsider.com/australian-devops-startup-buildkite-28-million-2020-8 |access-date=2024-01-22 |website=Business Insider |language=en-US}}</ref> Tim Lucas came on board as a co-founder.<ref>{{Cite web |date=2022-11-16 |title='Quiet achiever' Buildkite raises $31m to expand operations |url=https://thewest.com.au/business/startup/perth-based-tech-startup-buildkite-raises-31-million-to-expand-products-operations-c-8875283 |access-date=2024-01-22 |website=The West Australian |language=en}}</ref>
Buildkite was founded in September 2013 as Buildbox, with the product out of beta in November.<ref>{{Cite web |title=Good news everyone! Buildbox is now officially out of Beta |url=https://buildkite.com/blog/out-of-beta |access-date=2024-01-22 |website=Buildkite |language=en-US}}</ref> According to cofounder Lachlan Donald, Buildkite was profitable in the first month after launching.<ref>{{Cite web |last=Chan |first=Rosalie |title=Profitable Australian DevOps startup Buildkite explains how its new $28 million in funding will let it spread the word about being 'the best-kept secret in the developer tool space' |url=https://www.businessinsider.com/australian-devops-startup-buildkite-28-million-2020-8 |access-date=2024-01-22 |website=Business Insider |language=en-US}}</ref> Tim Lucas came on board as a co-founder.<ref>{{Cite web |date=2022-11-16 |title='Quiet achiever' Buildkite raises $31m to expand operations |url=https://thewest.com.au/business/startup/perth-based-tech-startup-buildkite-raises-31-million-to-expand-products-operations-c-8875283 |access-date=2024-01-22 |website=The West Australian |language=en}}</ref> The original name of the company, Buildbox, had to be changed due to another company registering the trademark first, reportedly by only two weeks.<ref name="Startup Story: Buildkite">{{Cite web |date=2015-01-21 |title=Startup Story: Buildkite |url=https://startupnews.com.au/news/the-buildkite-story/ |access-date=2024-01-22 |language=en-AU}}</ref>

In 2020, Buildkite raised $28M AUD, led by OpenView, with General Catalyst. The company was valued at 200M (AUD) in that deal.<ref name=":1" /><ref name=":0" /> The team was 26 people at the time.


In 2021, Buildkite ran its own CI/CD conference, Unblock, for the first time.<ref>{{Cite web |title=Announcing UnblockConf – Buildkite's first CI/CD conference |url=https://buildkite.com/blog/announcing-unblockconf-21 |access-date=2024-01-22 |website=Buildkite |language=en-US}}</ref><ref name=":2">{{Cite web |last=Engineering |first=Wix |date=2021-10-24 |title=6 Challenges We Faced While Building a Super CI Pipeline: Part I |url=https://www.wix.engineering/post/6-challenges-we-faced-while-building-a-super-ci-pipeline-part-i |access-date=2024-01-22 |website=Wix Engineering |language=en}}</ref>
In 2021, Buildkite ran its own CI/CD conference, Unblock, for the first time.<ref>{{Cite web |title=Announcing UnblockConf – Buildkite's first CI/CD conference |url=https://buildkite.com/blog/announcing-unblockconf-21 |access-date=2024-01-22 |website=Buildkite |language=en-US}}</ref><ref name=":2">{{Cite web |last=Engineering |first=Wix |date=2021-10-24 |title=6 Challenges We Faced While Building a Super CI Pipeline: Part I |url=https://www.wix.engineering/post/6-challenges-we-faced-while-building-a-super-ci-pipeline-part-i |access-date=2024-01-22 |website=Wix Engineering |language=en}}</ref>


In 2022, Tim Lucas stepped down as co-CEO.<ref>{{Cite web |title=Bidding farewell to co-founder and co-CEO Tim Lucas |url=https://buildkite.com/blog/farewell-tim |access-date=2024-01-22 |website=Buildkite |language=en-US}}</ref> They also announced a new tool, Test Analytics.<ref>{{Cite web |title=Test Analytics: Identify, track & fix problematic tests |url=https://buildkite.com/blog/announcing-buildkite-test-analytics |access-date=2024-01-22 |website=Buildkite |language=en-US}}</ref><ref>{{Cite web |date=2022-06-26 |title=Integrate tests with Buildkite Test Analytics |url=https://dev.to/poponuts/integrate-tests-with-buildkite-test-analytics-2dgk |access-date=2024-01-22 |website=DEV Community |language=en}}</ref> In November, the company raised a Series B round of $21M ($32M AUD).<ref>{{Cite web |title=We raised a $21m Series B! Now what do we do next? |url=https://buildkite.com/blog/buildkite-series-b |access-date=2024-01-22 |website=Buildkite |language=en-US}}</ref><ref name=":3">{{Cite web |last=Keary |first=Tim |date=2022-11-15 |title=How automation helps secure the CI/CD pipeline, Buildkite raises $21M |url=https://venturebeat.com/security/ci-cd-pipeline-buildkite/ |access-date=2024-01-22 |website=VentureBeat |language=en-US}}</ref> <ref name=":4">{{Cite web |last= |first= |title=Q&A with Keith Pitt — the Aussie CEO shaking up software development |url=https://www.businessdailymedia.com/business-news/21883-q-a-with-keith-pitt-the-aussie-ceo-shaking-up-software-development |access-date=2024-01-22 |website=SME Business Daily Media |language=en-gb}}</ref>
In 2022, Tim Lucas stepped down as co-CEO.<ref>{{Cite web |title=Bidding farewell to co-founder and co-CEO Tim Lucas |url=https://buildkite.com/blog/farewell-tim |access-date=2024-01-22 |website=Buildkite |language=en-US}}</ref> They also announced a new tool, Test Analytics.<ref>{{Cite web |title=Test Analytics: Identify, track & fix problematic tests |url=https://buildkite.com/blog/announcing-buildkite-test-analytics |access-date=2024-01-22 |website=Buildkite |language=en-US}}</ref><ref>{{Cite web |date=2022-06-26 |title=Integrate tests with Buildkite Test Analytics |url=https://dev.to/poponuts/integrate-tests-with-buildkite-test-analytics-2dgk |access-date=2024-01-22 |website=DEV Community |language=en}}</ref> <ref>{{Cite web |last=Vizard |first=Mike |date=2022-06-30 |title=Buildkite Adds Analytics Tools to Identify Flaky App Tests |url=https://devops.com/buildkite-adds-analytics-tools-to-identify-flaky-app-tests/ |access-date=2024-02-09 |website=DevOps.com |language=en-US}}</ref>

⚫
In 2023, founder Keith Pitt remains on the Young Rich list for the third year, at no. 69 with 77M.<ref>{{Cite web |date=2023-12-04 |title=Topic {{!}} Young Rich |url=https://www.afr.com/young-rich |access-date=2024-01-22 |website=Australian Financial Review |language=en}}</ref> The company makes their first acquisition, PackageCloud.<ref>{{Cite web |last=Bhartiya |first=Swapnil |date=2023-12-07 |title=Buildkite's CI/CD Platform Aims To Improve Developer Productivity And Happiness {{!}} Keith Pitt |url=https://tfir.io/buildkites-ci-cd-platform-aims-to-improve-developer-productivity-and-happiness-keith-pitt/ |access-date=2024-01-22 |website=TFiR {{!}} A video is worth a million words |language=en-US}}</ref>

== Milestones ==

=== Name ===
The original name of the company, Buildbox, had to be changed due to another company registering the trademark first, reportedly by only two weeks.<ref name="Startup Story: Buildkite">{{Cite web |date=2015-01-21 |title=Startup Story: Buildkite |url=https://startupnews.com.au/news/the-buildkite-story/ |access-date=2024-01-22 |language=en-AU}}</ref>


⚫
In 2023, founder Keith Pitt remains on the Young Rich list for the third year, at no. 69 with 77M.<ref>{{Cite web |date=2023-12-04 |title=Topic {{!}} Young Rich |url=https://www.afr.com/young-rich |access-date=2024-01-22 |website=Australian Financial Review |language=en}}</ref> The company makes their first acquisition, PackageCloud, from a private equity firm.<ref>{{Cite web |last=Bhartiya |first=Swapnil |date=2023-12-07 |title=Buildkite's CI/CD Platform Aims To Improve Developer Productivity And Happiness {{!}} Keith Pitt |url=https://tfir.io/buildkites-ci-cd-platform-aims-to-improve-developer-productivity-and-happiness-keith-pitt/ |access-date=2024-01-22 |website=TFiR {{!}} A video is worth a million words |language=en-US}}</ref> PackageCloud allows companies to store and distribute software to clients.<ref>{{Cite web |title=Instacart IPO: The winners and losers |url=https://fortune.com/2023/09/19/instacart-ipo-winners-losers/ |access-date=2024-01-22 |website=Fortune |language=en}}</ref>
=== Financing ===
At the time of writing, Buildkite has completed a Series B round of funding, with a total investment of $39M USD. Investors include OpenView, General Catalyst from the Series A, and One Ventures, Dominic Pym (angel) and AirTree from the Series B.<ref name=":4" /><ref>{{Cite web |title=Buildkite Company Profile |url=https://pitchbook.com/profiles/company/267799-15 |access-date=22 Jan 2024 |website=Pitchbook}}</ref> The initial friends and family funding round was around $200,000.<ref name=":1" /><ref name=":2" />


=== Acquisitions ===
==== Financing ====
In 2020, Buildkite raised $28M AUD, led by OpenView, with General Catalyst. The company was valued at 200M (AUD) in that deal.<ref name=":1" /><ref name=":0" /> The team was 26 people at the time. In November 2022, the company raised a Series B round of $21M ($32M AUD), with investors including One Ventures, Dominic Pym (angel) and AirTree.<ref>{{Cite web |title=We raised a $21m Series B! Now what do we do next? |url=https://buildkite.com/blog/buildkite-series-b |access-date=2024-01-22 |website=Buildkite |language=en-US}}</ref><ref name=":3">{{Cite web |last=Keary |first=Tim |date=2022-11-15 |title=How automation helps secure the CI/CD pipeline, Buildkite raises $21M |url=https://venturebeat.com/security/ci-cd-pipeline-buildkite/ |access-date=2024-01-22 |website=VentureBeat |language=en-US}}</ref> <ref name=":4">{{Cite web |last= |first= |title=Q&A with Keith Pitt — the Aussie CEO shaking up software development |url=https://www.businessdailymedia.com/business-news/21883-q-a-with-keith-pitt-the-aussie-ceo-shaking-up-software-development |access-date=2024-01-22 |website=SME Business Daily Media |language=en-gb}}</ref><ref>{{Cite web |last=Palmer-Derrien |first=Stephanie |date=2020-08-19 |title=Software startup Buildkite rises from stealth mode with $28 million funding round |url=https://www.smartcompany.com.au/startupsmart/news/buildkite-28-million-funding/ |access-date=2024-02-09 |website=SmartCompany |language=en-AU}}</ref>The initial friends and family funding round was around $200,000.<ref name=":1" /><ref name=":2" /> Total funding investment at the time of writing is $39MUSD.
Buildkite acquired PackageCloud in 2023 from a private equity firm. PackageCloud allows companies to store and distribute software to clients.<ref>{{Cite web |title=Instacart IPO: The winners and losers |url=https://fortune.com/2023/09/19/instacart-ipo-winners-losers/ |access-date=2024-01-22 |website=Fortune |language=en}}</ref>


== Product ==
== Product ==
While all CI/CD platforms do similar things, Buildkite was built with a hybrid model where build agents are self-hosted, yet supported by a managed, cloud-powered interface. This often allows for cost savings for clients looking to run a lot of agents, more so if they're globally distributed.<ref name=":3" /><ref name=":0" /> Buildkite permits up to 10,000 agents per account for customers.<ref name=":3" />
While all CI/CD platforms do similar things, Buildkite was built with a hybrid model where build agents are self-hosted, yet supported by a managed, cloud-powered interface.<ref>{{Cite web |title=Buildkite {{!}} Euphemia |url=https://euphemiamain.netlify.app/ |access-date=2024-02-09 |website=Buildkite {{!}} Euphemia |language=en}}</ref> This often allows for cost savings for clients looking to run a lot of agents, more so if they're globally distributed.<ref name=":3" /><ref name=":0" /><ref>{{Cite web |last=Hirsch |first=Rona |date=July 28, 2021 |title=Moving from CircleCI to Buildkite: Everything You Need to Know {{!}} HackerNoon |url=https://hackernoon.com/moving-from-circleci-to-buildkite-everything-you-need-to-know-o73r37ie |access-date=2024-02-09 |website=hackernoon.com |language=en}}</ref> Buildkite permits up to 10,000 agents per account for customers.<ref name=":3" />


== References ==
== References ==

Revision as of 03:53, 9 February 2024

Buildkite
Buildkite Pty. Ltd.
FormerlyBuildbox
IndustryCI/CD
FoundedSeptember 3, 2013; 11 years ago (2013-09-03) in Melbourne, Australia
FounderKeith Pitt

Buildkite is a continuous integration (CI) and continuous delivery (CD) platform commonly used in DevOps. The company was founded in September 2013 and has raised $39 million in venture capital funding as of 2022. Companies using Buildkite include Wayfair, Shopify, Slack, Twilo, Canva, Pinterest, Envato, MYOB and Lyft.[1][2][3]

History

Buildkite was founded in September 2013 as Buildbox, with the product out of beta in November.[4] According to cofounder Lachlan Donald, Buildkite was profitable in the first month after launching.[5] Tim Lucas came on board as a co-founder.[6] The original name of the company, Buildbox, had to be changed due to another company registering the trademark first, reportedly by only two weeks.[7]

In 2021, Buildkite ran its own CI/CD conference, Unblock, for the first time.[8][9]

In 2022, Tim Lucas stepped down as co-CEO.[10] They also announced a new tool, Test Analytics.[11][12] [13]

In 2023, founder Keith Pitt remains on the Young Rich list for the third year, at no. 69 with 77M.[14] The company makes their first acquisition, PackageCloud, from a private equity firm.[15] PackageCloud allows companies to store and distribute software to clients.[16]

Financing

In 2020, Buildkite raised $28M AUD, led by OpenView, with General Catalyst. The company was valued at 200M (AUD) in that deal.[3][2] The team was 26 people at the time. In November 2022, the company raised a Series B round of $21M ($32M AUD), with investors including One Ventures, Dominic Pym (angel) and AirTree.[17][18] [19][20]The initial friends and family funding round was around $200,000.[3][9] Total funding investment at the time of writing is $39MUSD.

Product

While all CI/CD platforms do similar things, Buildkite was built with a hybrid model where build agents are self-hosted, yet supported by a managed, cloud-powered interface.[21] This often allows for cost savings for clients looking to run a lot of agents, more so if they're globally distributed.[18][2][22] Buildkite permits up to 10,000 agents per account for customers.[18]

References

  1. ^ "Buildkite Announces Successful $32 Million Series B Funding Round | Startup News". 2022-11-17. Retrieved 2024-01-22.
  2. ^ a b c Shu, Catherine (2020-08-18). "Melbourne-based CI/CD platform Buildkite gets $28 million AUD Series A led by OpenView". TechCrunch. Retrieved 2024-01-22.
  3. ^ a b c Waters, Cara (2020-08-18). "Software startup Buildkite scores $28 million investment". The Sydney Morning Herald. Retrieved 2024-01-22.
  4. ^ "Good news everyone! Buildbox is now officially out of Beta". Buildkite. Retrieved 2024-01-22.
  5. ^ Chan, Rosalie. "Profitable Australian DevOps startup Buildkite explains how its new $28 million in funding will let it spread the word about being 'the best-kept secret in the developer tool space'". Business Insider. Retrieved 2024-01-22.
  6. ^ "'Quiet achiever' Buildkite raises $31m to expand operations". The West Australian. 2022-11-16. Retrieved 2024-01-22.
  7. ^ "Startup Story: Buildkite". 2015-01-21. Retrieved 2024-01-22.
  8. ^ "Announcing UnblockConf – Buildkite's first CI/CD conference". Buildkite. Retrieved 2024-01-22.
  9. ^ a b Engineering, Wix (2021-10-24). "6 Challenges We Faced While Building a Super CI Pipeline: Part I". Wix Engineering. Retrieved 2024-01-22.
  10. ^ "Bidding farewell to co-founder and co-CEO Tim Lucas". Buildkite. Retrieved 2024-01-22.
  11. ^ "Test Analytics: Identify, track & fix problematic tests". Buildkite. Retrieved 2024-01-22.
  12. ^ "Integrate tests with Buildkite Test Analytics". DEV Community. 2022-06-26. Retrieved 2024-01-22.
  13. ^ Vizard, Mike (2022-06-30). "Buildkite Adds Analytics Tools to Identify Flaky App Tests". DevOps.com. Retrieved 2024-02-09.
  14. ^ "Topic | Young Rich". Australian Financial Review. 2023-12-04. Retrieved 2024-01-22.
  15. ^ Bhartiya, Swapnil (2023-12-07). "Buildkite's CI/CD Platform Aims To Improve Developer Productivity And Happiness | Keith Pitt". TFiR | A video is worth a million words. Retrieved 2024-01-22.
  16. ^ "Instacart IPO: The winners and losers". Fortune. Retrieved 2024-01-22.
  17. ^ "We raised a $21m Series B! Now what do we do next?". Buildkite. Retrieved 2024-01-22.
  18. ^ a b c Keary, Tim (2022-11-15). "How automation helps secure the CI/CD pipeline, Buildkite raises $21M". VentureBeat. Retrieved 2024-01-22.
  19. ^ "Q&A with Keith Pitt — the Aussie CEO shaking up software development". SME Business Daily Media. Retrieved 2024-01-22.
  20. ^ Palmer-Derrien, Stephanie (2020-08-19). "Software startup Buildkite rises from stealth mode with $28 million funding round". SmartCompany. Retrieved 2024-02-09.
  21. ^ "Buildkite | Euphemia". Buildkite | Euphemia. Retrieved 2024-02-09.
  22. ^ Hirsch, Rona (July 28, 2021). "Moving from CircleCI to Buildkite: Everything You Need to Know | HackerNoon". hackernoon.com. Retrieved 2024-02-09.
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