DevOps.com

  • Latest
    • Articles
    • Features
    • Most Read
    • News
    • News Releases
  • Topics
    • AI
    • Continuous Delivery
    • Continuous Testing
    • Cloud
    • Culture
    • DataOps
    • DevSecOps
    • Enterprise DevOps
    • Leadership Suite
    • DevOps Practice
    • ROELBOB
    • DevOps Toolbox
    • IT as Code
  • Videos/Podcasts
    • Techstrong.tv Podcast
    • Techstrong.tv - Twitch
    • DevOps Unbound
  • Webinars
    • Upcoming
    • Calendar View
    • On-Demand Webinars
  • Library
  • Events
    • Upcoming Events
    • Calendar View
    • On-Demand Events
  • Sponsored Content
  • Related Sites
    • Techstrong Group
    • Cloud Native Now
    • Security Boulevard
    • Techstrong Research
    • DevOps Chat
    • DevOps Dozen
    • DevOps TV
    • Techstrong TV
    • Techstrong.tv Podcast
    • Techstrong.tv - Twitch
  • Media Kit
  • About
  • Sponsor
  • AI
  • Cloud
  • CI/CD
  • Continuous Testing
  • DataOps
  • DevSecOps
  • DevOps Onramp
  • Platform Engineering
  • Sustainability
  • Low-Code/No-Code
  • IT as Code
  • More
    • Application Performance Management/Monitoring
    • Culture
    • Enterprise DevOps
    • ROELBOB
Hot Topics
  • Dev Jobs are Dead: ‘Everyone’s a Programmer’ With AI ¦ Intel VPUs
  • Logz.io Taps AI to Surface Incident Response Recommendations
  • Why You Need a Multi-Cloud and Multi-Region Deployment Strategy
  • Cloud Drift Detection With Policy-as-Code
  • Checkmarx Brings Generative AI to SAST and IaC Security Tools

Home » Blogs » DevOps Practice » CollabNet VersionOne Picks Up $500M to Fuel Value Stream Management

CollabNet VersionOne Picks Up $500M to Fuel Value Stream Management

Avatar photoBy: Mike Vizard on September 4, 2019 2 Comments

CollabNet VersionOne today announced it has picked up an additional $500 million in funding to help fuel what is rapidly becoming an arms race to drive adoption of value stream management in DevOps environments. TPG Capital, the private equity arm of TPG, signed a definitive agreement to acquire CollabNet VersionOne. Terms of the acquisition were not disclosed, but TPG pledged to invest up to $500 million to take value stream management to the next level.

Recent Posts By Mike Vizard
  • Logz.io Taps AI to Surface Incident Response Recommendations
  • Checkmarx Brings Generative AI to SAST and IaC Security Tools
  • Linux Foundation Europe to Host RISE Open Source Project
Avatar photo More from Mike Vizard
Related Posts
  • CollabNet VersionOne Picks Up $500M to Fuel Value Stream Management
  • TPG Acquires CollabNet VersionOne
  • CollabNet VersionOne and XebiaLabs Combine to Create Integrated Agile DevOps Platform
    Related Categories
  • Blogs
  • DevOps Practice
  • Features
    Related Topics
  • CollabNet VersionOne
  • devops
  • funding
  • TPG Capital
  • value stream management
  • venture capital
Show more
Show less

CollabNet VersionOne CEO Flint Brenton said part of the funding will be used to fuel both organic and inorganic investments in value stream management, a rapidly growing segment of the IT market that is just now coming into its own. Value stream management represents a holistic effort to align application development and delivery with strategic business objectives. In effect, IT leaders are now looking to apply advanced analytics to determine how a delay to one aspect of a development project might impact the revenue goals of the business.

TechStrong Con 2023Sponsorships Available

Brenton said now that more organizations are viewing themselves as software companies that make a product or deliver a service, they need tools to manage application development projects in much the same way software companies operate. Rather than building those tools, many of those companies are looking to vendors such as CollabNet VersionOne to provide those tools within a unified platform.

CollabNet VersionOne is, of course, not the only IT vendor pursuing that opportunity. However, rather than viewing value stream management as an extension of a specific development platform, CollabNet VersionOne is pursuing an approach that makes it possible for an organization to manage software investments across multiple platforms.

Brenton said organizations should expect CollabNet VersionOne to focus on value stream management. As part of that focus, the company will look to fill in gaps in its portfolio by investing in product development, partnering with providers of complementary applications such as providers of business intelligence (BI) tools or acquiring smaller companies.

In effect, there is now an arms race underway when it comes to building the next generation of value stream management platforms. Much of the investments in this area will be focused squarely on advanced analytics infused with machine and deep-learning algorithms that will enable organizations to begin applying artificial intelligence (AI) to the management of software delivery.

It’s not clear to what degree CollabNet VersionOne may one day be a target for acquisition itself as the entire DevOps vendor community continues to consolidate. As DevOps processes increasingly are embraced by enterprise IT organizations, many vendors are concluding they need to “go big or go home.” In fact, Brenton noted the acquisition of CollabNet VersionOne was initiated by TPG Capital, which was looking to find an attractive investment in the DevOps sector.

It may be a little while longer before every enterprise has mastered the nuances of value stream management, but the one thing that is clear is there will be no shortage of options as investment dollars continue to pour in.

— Mike Vizard

Filed Under: Blogs, DevOps Practice, Features Tagged With: CollabNet VersionOne, devops, funding, TPG Capital, value stream management, venture capital

« Virtual Instruments Aims to Meld DevOps, ITSM Worlds
DevOps Dozen 2019 Nominations Are Now Open »

Techstrong TV – Live

Click full-screen to enable volume control
Watch latest episodes and shows

Upcoming Webinars

Securing Your Software Supply Chain with JFrog and AWS
Tuesday, June 6, 2023 - 1:00 pm EDT
Maximize IT Operations Observability with IBM i Within Splunk
Wednesday, June 7, 2023 - 1:00 pm EDT
Secure Your Container Workloads in Build-Time with Snyk and AWS
Wednesday, June 7, 2023 - 3:00 pm EDT

GET THE TOP STORIES OF THE WEEK

Sponsored Content

PlatformCon 2023: This Year’s Hottest Platform Engineering Event

May 30, 2023 | Karolina Junčytė

The Google Cloud DevOps Awards: Apply Now!

January 10, 2023 | Brenna Washington

Codenotary Extends Dynamic SBOM Reach to Serverless Computing Platforms

December 9, 2022 | Mike Vizard

Why a Low-Code Platform Should Have Pro-Code Capabilities

March 24, 2021 | Andrew Manby

AWS Well-Architected Framework Elevates Agility

December 17, 2020 | JT Giri

Latest from DevOps.com

Dev Jobs are Dead: ‘Everyone’s a Programmer’ With AI ¦ Intel VPUs
June 1, 2023 | Richi Jennings
Logz.io Taps AI to Surface Incident Response Recommendations
June 1, 2023 | Mike Vizard
Why You Need a Multi-Cloud and Multi-Region Deployment Strategy
June 1, 2023 | Jesse Martin
Cloud Drift Detection With Policy-as-Code
June 1, 2023 | Joydip Kanjilal
Checkmarx Brings Generative AI to SAST and IaC Security Tools
May 31, 2023 | Mike Vizard

TSTV Podcast

On-Demand Webinars

DevOps.com Webinar ReplaysDevOps.com Webinar Replays

Most Read on DevOps.com

CDF Marries Emporous Repository to Ortelius Management Platform
May 26, 2023 | Mike Vizard
Is Your Monitoring Strategy Scalable?
May 26, 2023 | Yoni Farin
GitLab Adds More AI and Cybersecurity Capabilities to CI/CD Platform
May 26, 2023 | Mike Vizard
What Is a Cloud Operations Engineer?
May 30, 2023 | Gilad David Maayan
Five Great DevOps Job Opportunities
May 30, 2023 | Mike Vizard
  • Home
  • About DevOps.com
  • Meet our Authors
  • Write for DevOps.com
  • Media Kit
  • Sponsor Info
  • Copyright
  • TOS
  • Privacy Policy

Powered by Techstrong Group, Inc.

© 2023 ·Techstrong Group, Inc.All rights reserved.