Welcome!

News Feed Item

CollabNet to Accelerate Growth and Help Customers Scale Agile Initiatives With New Equity Partner, Capital and ALM Innovation

Additional resources and support bode well for CollabNet, its customers and the industry

SOUTH SAN FRANCISCO, Calif., Feb. 5, 2014 /PRNewswire/ -- CollabNet® (www.collab.net), a leader in cloud-based Application Lifecycle Management (ALM) solutions for agile software delivery at scale, has strengthened its ability to help customers speed their software development and deployment efforts with a growth equity investment from Vector Capital, a technology focused private equity firm that will assume a controlling interest in the company. Bolstered with additional resources, CollabNet is poised to build on its leadership positions in cloud-based ALM, open source and agile training and consulting practices to become the dominant market player helping companies to modernize and streamline their software delivery pipelines.

(Logo: http://photos.prnewswire.com/prnh/20130318/LA78085LOGO)

"Modern software delivery requires a more collaborative approach across teams and the entire software development and deployment lifecycle," said Bill Portelli, co-founder and CEO for CollabNet. "Partnering with Vector will not only help us accelerate business growth, but accelerate delivery of next-generation solutions for meeting the ever-changing challenges of releasing quality software faster and more predictively."

CollabNet has helped thousands of customers manage the growing complexity of developing and delivering software applications. With distributed teams and the growing need to develop and integrate applications across an expanding range of platforms, devices and clouds, CollabNet helps customers streamline their software development and deployment processes with an open and extensible collaborative software delivery platform, training and consulting services. To build on its vision, the company sought an investment partner to accelerate product innovation, bolster its market reach, expand its services offerings and explore potential acquisitions to better meet customer and industry demands.

With new growth capital from Vector, CollabNet will increase investments in R&D, sales and marketing, with a focus on:

  • Product innovation – CollabNet will continue to strengthen agile, continuous integration and DevOps-related capabilities within its TeamForge® ALM platform. CollabNet will also further integrate TeamForge with its CloudForge® hosting service for Git and Apache Subversion, as more organizations embrace the cloud to develop and deliver software faster and more efficiently.
  • Driving the market – with a stronger focus on helping customers to become more agile at scale, CollabNet will aggressively build out its sales, marketing and services teams to help customers leverage strategies, processes and proven technology solutions for enhancing collaboration and agility. With increased focus and investment, together with new partnerships with global systems integrators, CollabNet will offer the most comprehensive agile transformation consulting and training services – while developing new offerings with industry-leading experts. 
  • Leveraging open source – as the creator of Subversion and leader in making Git and other open source technologies ready for enterprise use, CollabNet will help customers tackle modern software development and deployment challenges via additional integrations with an expanding array of open source and commercial third-party technologies.
  • M&A – CollabNet will identify markets and companies to pursue for potential mergers and acquisitions.

CollabNet works closely with software organizations that are faced with increasing pressure to deliver quality software faster. New methods, such as agile and DevOps, and cloud-based tools and deployment options have proven effective and are now being "scaled" by larger IT and R&D organizations looking to streamline and automate the software delivery processes. And with the pace of innovation increasing around mobile, web and social applications, development organizations are seeking new methods and tools to better serve their customers.

Tweet this: #CollabNet set to accelerate growth with new equity partner, targets #agile, #alm and open source collaboration www.collab.net

About CollabNet

CollabNet® is the creator of Subversion® and a pioneer in cloud-based Application Lifecycle Management (ALM) solutions for collaborative agile software delivery at scale. CollabNet provides industry-leading products plus agile consulting and training services to help organizations of all sizes develop and deploy software faster. CollabNet's flagship product, TeamForge®, provides customers with an open and extensible collaborative software development and delivery platform to increase collaboration and application release efficiency across larger, distributed teams. TeamForge users also gain better governance with enhanced visibility and traceability across the software development lifecycle. For smaller teams, CollabNet provides CloudForge®, a cloud-hosted version of Subversion, Git and TeamForge, that enables fast project starts on-demand. CollabNet has been recognized for 10 consecutive years as a SD Times 100 industry innovator and is consistently positioned as a leader within Tier One industry analyst reports, including the Forrester Wave report on "Application Life Cycle Management Tools." For more information, please visit www.collab.net.

CollabNet, TeamForge and CloudForge are registered trademarks of CollabNet, Inc.  Subversion® is a registered trademark of the Apache Software Foundation.  Other names may be trademarks of their respective holders.

Contact:
Alexandre Garrett
Catapult PR-IR
O: 303-581-7760
[email protected]

SOURCE CollabNet

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
The IoT is changing the way enterprises conduct business. In his session at @ThingsExpo, Eric Hoffman, Vice President at EastBanc Technologies, discuss how businesses can gain an edge over competitors by empowering consumers to take control through IoT. We'll cite examples such as a Washington, D.C.-based sports club that leveraged IoT and the cloud to develop a comprehensive booking system. He'll also highlight how IoT can revitalize and restore outdated business models, making them profitable...
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives. Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, wh...
Many banks and financial institutions are experimenting with containers in development environments, but when will they move into production? Containers are seen as the key to achieving the ultimate in information technology flexibility and agility. Containers work on both public and private clouds, and make it easy to build and deploy applications. The challenge for regulated industries is the cost and complexity of container security compliance. VM security compliance is already challenging, ...
SYS-CON Events announced today that ContentMX, the marketing technology and services company with a singular mission to increase engagement and drive more conversations for enterprise, channel and SMB technology marketers, has been named “Sponsor & Exhibitor Lounge Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York City, New York. “CloudExpo is a great opportunity to start a conversation with new prospects, but what happens after the...
The pace of innovation, vendor lock-in, production sustainability, cost-effectiveness, and managing risk… In his session at 18th Cloud Expo, Dan Choquette, Founder of RackN, will discuss how CIOs are challenged finding the balance of finding the right tools, technology and operational model that serves the business the best. He will discuss how clouds, open source software and infrastructure solutions have benefits but also drawbacks and how workload and operational portability between vendors...
The essence of data analysis involves setting up data pipelines that consist of several operations that are chained together – starting from data collection, data quality checks, data integration, data analysis and data visualization (including the setting up of interaction paths in that visualization). In our opinion, the challenges stem from the technology diversity at each stage of the data pipeline as well as the lack of process around the analysis.
As machines are increasingly connected to the internet, it’s becoming easier to discover the numerous ways Industrial IoT (IIoT) is helping to shape the business world. This is exactly why we have decided to take a closer look at this pervasive movement and to examine the desire to connect more things! Now if you need a refresher on IIoT and how it is changing the world, take a moment and listen to Greg Gorbach with ARC Advisory Group. Gorbach believes, "IIoT will significantly change the worl...
Enterprise networks are complex. Moreover, they were designed and deployed to meet a specific set of business requirements at a specific point in time. But, the adoption of cloud services, new business applications and intensifying security policies, among other factors, require IT organizations to continuously deploy configuration changes. Therefore, enterprises are looking for better ways to automate the management of their networks while still leveraging existing capabilities, optimizing perf...
The 19th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Containers, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportunity. Submit y...
SYS-CON Events announced today that MangoApps will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. MangoApps provides modern company intranets and team collaboration software, allowing workers to stay connected and productive from anywhere in the world and from any device. For more information, please visit https://www.mangoapps.com/.
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 19th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world and ThingsExpo New York Call for Papers is now open.
Designing IoT applications is complex, but deploying them in a scalable fashion is even more complex. A scalable, API first IaaS cloud is a good start, but in order to understand the various components specific to deploying IoT applications, one needs to understand the architecture of these applications and figure out how to scale these components independently. In his session at @ThingsExpo, Nara Rajagopalan is CEO of Accelerite, will discuss the fundamental architecture of IoT applications, ...
In his session at 18th Cloud Expo, Bruce Swann, Senior Product Marketing Manager at Adobe, will discuss how the Adobe Marketing Cloud can help marketers embrace opportunities for personalized, relevant and real-time customer engagement across offline (direct mail, point of sale, call center) and digital (email, website, SMS, mobile apps, social networks, connected objects). Bruce Swann has more than 15 years of experience working with digital marketing disciplines like web analytics, social med...
SYS-CON Events announced today that Enzu, a leading provider of cloud hosting solutions, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Enzu’s mission is to be the leading provider of enterprise cloud solutions worldwide. Enzu enables online businesses to use its IT infrastructure to their competitive advantage. By offering a suite of proven hosting and management services, Enzu wants companies to foc...
Customer experience has become a competitive differentiator for companies, and it’s imperative that brands seamlessly connect the customer journey across all platforms. With the continued explosion of IoT, join us for a look at how to build a winning digital foundation in the connected era – today and in the future. In his session at @ThingsExpo, Chris Nguyen, Group Product Marketing Manager at Adobe, will discuss how to successfully leverage mobile, rapidly deploy content, capture real-time d...