Author: Deborah Schalm

  • Tricentis Achieves a Landmark Year, Exceeds $100 Million in Annual Recurring Revenue

    Fueled by rising demand for continuous testing and enterprise automation solutions, enterprises are turning to Tricentis to accelerate digital transformation

    Mountain View, Calif., Jan. 22, 2020 — Tricentis, the leader in continuous testing for DevOps, today announced that it has joined a rarefied list of private companies – those that have exceeded $100 million in annual recurring revenue (ARR) – marking a major milestone in the company’s hyper-growth.

    In 2019, Tricentis grew ARR by over 65% and added more than 200 customers to its Global 2000 customer base, which now exceeds 1,600 companies. Tricentis was also named a Leader in the Gartner Magic Quadrant for Software Test Automation for the fifth consecutive year, was listed for the second time on the Deloitte’s Technology Fast 500™ list of the fastest-growing private and public companies in North America, and surpassed 100,000 certified users in 2019.

    Tricentis’ chief executive officer Sandeep Johri credits these achievements to Tricentis’ proven track record helping Global 2000 enterprises break through DevOps and digital transformation barriers in increasingly complex IT environments.

    “Reaching the $100 million mark is a testament to the growing demand for a new approach to software testing and automation. Modernizing testing and automation offers a significant competitive advantage that enables enterprises to accelerate software delivery, improve quality and risk coverage, and reduce costs,” Johri said.

    The average organization uses more than 900 applications today, and a single workflow might touch dozens of these applications via microservices and APIs. While this level of connectivity can significantly improve a user’s experience or an employee’s productivity, it also introduces significant complexity into the testing process, which can compromise both quality and speed of delivery without the right automation approach.

    “Tricentis has delivered an end-to-end testing and automation platform that removes traditional roadblocks and enables customers to deliver unprecedented quality at speed across complex, multi-tier architecture and system workflows,” Johri said. “We believe our milestone year signifies a turning point for the industry – enterprises now recognize the competitive advantage they gain by scaling automation and eliminating the bottlenecks associated with siloed, legacy testing processes. Now, these enterprises are also applying our industry-leading automation to many other critical business processes in the production environment.”

    About Tricentis

    Tricentis is the recognized leader in continuous testing and automation and is widely credited for reinventing software testing and delivery for DevOps and agile environments. Through agile test management and advanced test automation optimized to support over 150+ technologies, the Tricentis platform enables enterprises to accelerate their digital transformation by dramatically increasing software release speed, reducing costs, and improving software quality. Tricentis operates in over 12 countries and has more than 1,600 customers, including the largest brands in the world, such as Accenture, Coca Cola, Dolby, Nationwide Insurance, and Zappos. To learn more, visit https://www.tricentis.com or follow us on LinkedIn, Twitter, and Facebook.

  • CollabNet VersionOne and XebiaLabs Combine to Create Integrated Agile DevOps Platform

    • Combined Company announces new CEO to drive next phase of growth

     

    • Transaction, backed by TPG Capital, marks a transformational step in a broader strategy to create a leading, integrated Agile DevOps platform for enterprises

     

    Atlanta and Boston – January 21, 2020 – CollabNet VersionOne (CollabNet), a leading provider for Agile planning and collaborative development, and XebiaLabs, the leader in release orchestration, deployment, and continuous delivery, announced today that the two companies have merged. The combination, which was backed by TPG Capital, unites CollabNet’s 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, an 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 the combined company’s CFO.

     

    “The combination of CollabNet and XebiaLabs will provide enterprise customers with the end-to-end visibility and management capabilities needed to develop software quickly, reliably, and securely, ultimately helping accelerate their digital transformation and drive business outcomes,” said Nehal Raj and Art Heidrich of TPG Capital. “We congratulate Flint on a 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.”

     

    Founded in 2008, XebiaLabs is a high-growth provider of release management and automation developer tools. The company provides 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 CollabNet’s upstream product portfolio, which includes VersionOne for enterprise Agile planning and management, VS for connected workflows and visibility throughout the 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,” said 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 a 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 the standard for DevOps in large enterprises. Counting among our clients the world’s largest financial, healthcare, and manufacturing companies, our focus has been on creating a platform that takes advantage of existing tooling and processes while providing the scale, standardization, security, and reporting that large companies require,” said 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. This is a game changer for businesses that need to maximize their software application assets while navigating complex regulatory, compliance, and security requirements.”

     

    Most recently, Reddy led Broadcom’s multibillion-dollar Enterprise Software Division, where he helped create a platform for global enterprises to scale their digital transformations and become real-time digital businesses. With a career spanning more than 25 years in enterprise software and deep experience in Agile and DevOps transformation, Reddy has held leadership positions at several Fortune 500 companies including IBM, CA Technologies, Rational Software, Honeywell, and Novartis. Reddy will work closely with Langone and Gregorio, both experienced software executives, to lead the combined company.

     

    “I thank my colleagues at CollabNet for the success created by their hard work and dedication,” said Brenton. “While I am proud of all we have built together, I have decided it is the right time for me to return to California and begin the next chapter of my life. CollabNet and XebiaLabs are in strong and capable hands with Ashok, Derek, and TPG Capital, and I am confident that under their leadership, the combined company will achieve even greater success and scale.”

     

    Barclays, Evercore, and KeyBanc served as financial advisors to TPG Capital and CollabNet, and Ropes & Gray LLP served as legal counsel. Shea & Company served as financial advisor to XebiaLabs, and Weil, Gotshal & Manges LLP served as legal counsel. XebiaLabs’ existing shareholders, Susquehanna Growth Equity and Accel, have sold their respective stakes in the company as part of the combination. Additional terms of the transaction were not disclosed.

     

    About CollabNet VersionOne

    CollabNet VersionOne is a leading platform provider for Value Stream Management, Agile planning, DevOps and source code management. Its offerings provide global enterprise and government industry leaders a cohesive solution that enables them to ideate, create and orchestrate the flow of value through continuous delivery pipelines with measurable business outcomes. To learn more visit: www.collab.net  

     

    About XebiaLabs

    XebiaLabs’ mission is to help large companies accelerate their software releases with more reliability – no matter how diverse the infrastructure or complex the processes. The XebiaLabs DevOps Platform is the industry’s only end-to-end DevOps toolchain orchestration and reporting solution, providing the automation, control, and visibility enterprises need to deliver software faster and with less risk. With the XebiaLabs DevOps Platform, organizations can connect all their DevOps tools, manage their interactions, deploy to any environment, and create a data hub for reporting, without ad-hoc scripting and endless maintenance. For more information, please visit www.xebialabs.com.

     

    About TPG

    TPG is a leading global alternative asset firm founded in 1992 with more than $119 billion of assets under management and offices in Austin, Beijing, Boston, Dallas, Fort Worth, Hong Kong, Houston, London, Luxembourg, Melbourne, Moscow, Mumbai, New York, San Francisco, Seoul, and Singapore. TPG’s investment platforms are across a wide range of asset classes, including private equity, growth equity, real estate, credit, and public equity. TPG aims to build dynamic products and options for its investors while also instituting discipline and operational excellence across the investment strategy and performance of its portfolio. For more information, visit www.tpg.com

     

  • Sysdig Closes $70M in Series E Funding to Enable Enterprises to Confidently Secure Cloud-Native Workloads in Production

    Investment fuels company’s leadership as the most advanced Kubernetes security tool to embed security, maximize availability, and validate compliance

    SAN FRANCISCO — Jan. 22, 2020 — Sysdig, Inc., the secure DevOps leader, today announced it raised $70 million in Series E funding led by Insight Partners with participation from previous investors, Bain Capital Ventures and Accel. Glynn Capital also joined this round, along with Goldman Sachs, who joined after being a customer for two years. Sysdig’s total funding to date is $206 million. Sysdig will use the funds to extend market presence and leadership in enabling enterprises to confidently run cloud-native workloads in production. The Sysdig Platform addresses both DevOps security and IT operations spaces. IDC forecasts the worldwide DevOps software tools market will reach $15 billion in 2023.

    “Containers and Kubernetes development is disrupting the way organizations deploy and run containers, but when you look at the history of major technological changes, Kubernetes is still early. We invest in high-growth companies that are disrupting the old way of doing things, companies that will lead this decade-long transition. Sysdig’s novel approach of providing a single source of truth for both security and monitoring for container-based applications has proven more effective, more scalable, and higher ROI,” said Richard Wells, Managing Director at Insight Partners.

    “As a customer, we are impressed with Sysdig’s technology and the company’s open source approach to security. We look forward to Sysdig joining our investment portfolio and seeing their continued growth as a leading Kubernetes security vendor,” said Soumya Rajamani, Vice President of Merchant Banking at Goldman Sachs and Sysdig Board Observer.

    International expansion is a key priority for the company and will be bolstered by this investment. Sysdig also announced today the launch of a Japanese subsidiary, Sysdig Japan GK.

    Kubernetes is the de facto operating system of the cloud; however, as organizations move workloads into production, security and visibility are the biggest barriers. Traditional tools and processes leave enterprises blind because they do not provide visibility with application context for these environments. To reap the benefits of the agility that containers and Kubernetes provide, enterprises need an approach that integrates security and compliance into DevOps workflows. This approach is often referred to as secure DevOps or DevSecOps.

    According to Gartner, “By 2021, DevSecOps practices will be embedded in 60% of rapid development teams, as opposed to 20% in 2019. By 2023, more than 70% of enterprise DevSecOps initiatives will have incorporated automated security vulnerability and configuration scanning for open-source components and commercial packages, which is a significant increase from fewer than 30% in 2019.”

    To date, Sysdig is the only security company to support a secure DevOps approach by integrating monitoring and security into a single platform. Cloud teams can embed security, maximize availability, and ensure compliance. By integrating security into the DevOps process, teams can realize the business goals in their transition to cloud native. Open by design, Sysdig provides the scale, performance, and usability enterprises demand. Sysdig customers include: Goldman Sachs, Steelcase, and Worldpay from FIS.

    This announcement comes on the heels of a monumental 2019

    The company made several significant updates to the Sysdig Secure DevOps Platform in 2019. At the beginning of the year, the company introduced extended Berkeley Packet Filter (eBPF) instrumentation to extend the Sysdig secure DevOps approach for container-optimized Linux platforms. During the summer, the company announced the addition of machine learning for runtime profiling and anomaly detection. With the Sysdig Secure 3.0 update in November, Sysdig became the industry’s first runtime threat prevention, incident response, and audit tool for Kubernetes.

    Business milestones

    • Sysdig more than doubled revenue from Fortune 500 banks and financial institutions.
    • 96 percent of new enterprise accounts in 2019 purchased the complete Sysdig Secure DevOps Platform, validating the secure DevOps approach.
    • The Sysdig office count grew to six with the addition of two offices: Spain and Italy.
    • The company made several key hires, including Janet Matsuda who joined as Chief Marketing Officer from Palo Alto Networks, and Kubernetes expert, Kris Nova, who joined as Chief Open Source Advocate from Heptio/VMWare and Microsoft.
    • The company won several Best Places to Work Awards, including awards from Inc., Glassdoor, and the San Francisco Business Times.

    Partnership milestones

    • IBM expanded its global IBM Cloud Service agreement that designates Sysdig Monitor as the default monitoring service, to include the entire Sysdig Secure DevOps Platform. Sysdig Secure was added to the IBM Cloud Paks for Multi-Cloud Manager.
    • Sysdig joined several cloud launches, including Google Anthos and Google Cloud Run for Anthos serverless technology.
    • Sysdig expanded integrations with the leading container and cloud platforms: Red Hat OpenShift, IBM Public Cloud, IBM Cloud Paks for Multi-Cloud Manager, VMware, AWS, Google Cloud, and Azure.
    • Sysdig was elevated to Red Hat Strategic Partner status and invited as an inaugural member of the Red Hat Software Partner Advisory Council.

    Open source milestone

    • Falco, the open source cloud-native runtime security project originally created by Sysdig, was accepted as an incubation-level hosted project within the Cloud Native Computing Foundation®.

    “Containers and Kubernetes will take over the world. Over the last year, we have seen competitors partner in an attempt to deliver capabilities similar to ours, but the reality is, these approaches cannot provide the level of visibility and security that we can, even when they use multiple tools. As Kubernetes adoption increases, CISOs will continue to recognize that their IT teams and security tools need to adapt. In 2020, we look forward to partnering with more Global 2000 organizations in their cloud-native journeys,” said Suresh Vasudevan, Chief Executive Officer at Sysdig.

    [1] Source: Worldwide DevOps Software Tools Forecast, 2019–2023, July 2019 — Doc # US42656218.

    [2] Gartner “12 Things to Get Right for Successful DevSecOps,” Neil MacDonald, Dale Gardner, Decem Insight Partnersber 19, 2019

    About Sysdig

    Sysdig enables companies to confidently run cloud-native workloads in production. With the Sysdig Secure DevOps Platform, cloud teams embed security, maximize availability, and validate compliance. The Sysdig platform is open by design, with the scale, performance, and usability enterprises demand. The largest companies rely on Sysdig for cloud-native security and visibility. Learn more at www.sysdig.com.

    About

    Insight Partners is a leading global venture capital and private equity firm investing in high-growth technology and software companies that are driving transformative change in their industries. Founded in 1995, Insight currently has over $20 billion of assets under management and has cumulatively invested in more than 300 companies worldwide. Insight’s mission is to find, fund, and work successfully with visionary executives, providing them with practical, hands-on growth expertise to foster long-term success. Across its people and its portfolio, Insight encourages a culture around a core belief: growth equals opportunity. For more information on Insight and all its investments, visit www.insightpartners.com or follow us on Twitter @insightpartners.

     

  • Flashpoint Introduces Compromised Credentials Monitoring, Helping Organizations Lessen Exposure from Breaches, Leaks

    Advanced Technology Quickly Processes Data and Collections to Provide Unmatched Protection against Account Takeover and Fraud Loss

    New York, NY, January 22, 2020 — Flashpoint, the global leader in Business Risk Intelligence (BRI), today introduced Compromised Credentials Monitoring, which allows users to monitor exposure of compromised credentials for their enterprise domains and customer email addresses, to ultimately take action after breaches and mitigate the risk of account takeover (ATO).

    Flashpoint’s advanced technology quickly collects and processes data and credentials, allowing for organizations to access the most up-to-date breach information and receive notification as soon as credentials have been identified. Flashpoint intelligence analysts have spent years monitoring illicit communities, and are armed with the skill sets and access to obtain data when and where compromised databases and credentials are exposed.

    Flashpoint Compromised Credentials Monitoring comes in two distinct offerings to protect an organization’s employees and customers:

    Enterprise

    Compromised Credentials Monitoring – Enterprise enables organizations to search and monitor Flashpoint’s unique collections for compromised enterprise accounts and passwords in order to flag accounts, reset employee passwords, and restrict permissions to prevent actors from accessing confidential or personally identifiable information (PII). Flashpoint’s ability to filter out compromised email addresses that do not meet an organization’s password requirements, or identify only data from recent and relevant breaches, allows users to receive alerts on actionable data, saving time and resources. Capabilities include the ability to:

    • Monitor domains related to the organization, including subsidiaries
    • Safely access Flashpoint’s collections, and conduct in-depth searches for recently disclosed and historical breaches against Flashpoint’s archive of compromised credentials
    • Easily explore stolen credentials and track changes over time with the ability to analyze a breach
    • Filter out false positives for compromised email addresses that do not fit an organization’s password requirements
    • Seamlessly integrate via the Flashpoint API

    Customer
    Organizations need to protect their customer base and have insight into whether data has been compromised. Compromised Credentials Monitoring – Customer allows organizations to monitor for compromised customer credentials, while enabling enterprises to prevent fraudulent activity and protect their client base. The Customer offering allows organizations to:

    • Analyze the exposure of customers and proactively take action to prevent fraud or misuse on company-owned platforms
    • Prevent misuse of organizations’ customer accounts, which could lead to large-scale incidents and brand reputational damage
    • Enable, through Flashpoint’s secure hashing technology, the safe transfer of credentials without exposing sensitive customer information

    “As the technology, methods, and tools to leverage stolen credentials advance, organizations must have awareness of their exposure to credential breaches, as well as exposed domains and passwords, to ensure their employees or customers are not at risk of having their accounts taken over,” said Josh Lefkowitz, CEO and Co-Founder, Flashpoint. “Flashpoint’s unique and early access to compromised data—whether from closed forums, chat services platforms, publicly released data leaks, or via private threat actor groups—equips organizations with the data needed to mitigate risk to their business and customers.”

    Flashpoint Compromised Credentials Monitoring for Enterprise and Customer are available now. To learn more, request a demo [https://go.flashpoint-intel.com/contact-us/request-a-Flashpoint-demo].

    About Flashpoint
    Flashpoint delivers converged intelligence and risk solutions to private and public sector organizations worldwide. As the global leader in Business Risk Intelligence (BRI), Flashpoint provides meaningful intelligence to assist organizations in combating threats and adversaries. Through sophisticated technology, advanced data collections, and human-powered analysis, Flashpoint is the only intelligence firm that can help multiple teams across an organization bolster cybersecurity, confront fraud, detect insider threats, enhance corporate and physical security, improve executive protection, address third-party risk, and support due diligence efforts. Flashpoint is backed by Georgian Partners, Greycroft Partners, TechOperators, K2 Intelligence, Jump Capital, Leaders Fund, Bloomberg Beta, and Cisco Investments. For more information, visit https://www.flashpoint-intel.com/ or follow us on Twitter at @FlashpointIntel.

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  • TestProject and Sauce Labs Team Up to Deliver Codeless Test Automation Experience

    Collaboration enables customers to seamlessly manage tests from creation through execution and analysis 

     

    SAN FRANCISCO, Jan. 21, 2020 – TestProject, the first free cloud test automation platform, today announced a new collaboration with Sauce Labs to deliver a complete, end-to-end automated testing experience spanning test creation, execution, and analysis. Leveraging codeless test creation from TestProject in concert with continuous test execution from Sauce Labs, organizations can seamlessly create, store, execute, and analyze automated tests across a wide range of browsers, operating systems, and devices, all from a single cloud-based interface. TestProject was one of the first products added to the free Tricentis Community Platform, which was recently extended with Tricentis’ acquisition of SpecFlow.

    This cutting-edge solution accelerates open source, codeless test creation on the operating systems that matter most to developers, including Linux, Mac, and Windows. TestProject enables testers and QA professionals with little or no coding experience to create robust test suites in a simple, easy-to-use web interface. TestProject users can then execute those tests on the Sauce Labs Continuous Testing Cloud, which spans thousands of browser/OS, mobile emulator, simulator and real device combinations, and leverage test analytics to better visualize test results, identify flaky tests, and improve test efficiency.

    “Shifting workloads to the cloud is consistently ranked as one of the most important initiatives on a CIO’s agenda, and testing is an increasingly important focus,” said Kevin Dunne, General Manager, TestProject. “The combination of TestProject and Sauce Labs is a powerful one for organizations looking to ease the onramp to automation through codeless test creation and develop a continuous testing strategy consistent with CI/CD best practices.”

    With more than 700 enterprise customers and nearly 3 million tests run each day

    across its continuous testing cloud platform, Sauce Labs ensures the world’s leading apps and websites work flawlessly on every browser, OS and device. Like TestProject, Sauce Labs supports Selenium, Appium and other leading open source frameworks, making it easy for joint customers to create and execute tests in the scripting language of their choosing.

    “Sauce Labs provides development and quality teams with instant access to a broad range of platforms and devices to ensure proper test coverage at scale coupled with the analytics they need to rapidly deliver a flawless digital experience,” said Randy Streu, Vice President, Business Development, Sauce Labs. “Through our collaboration with TestProject, customers new to Sauce Labs can take advantage of our advanced automation features more rapidly through codeless test creation to lower their barrier to entry to fully automated and continuous testing.”

    Customers leveraging Sauce Labs in concert with TestProject can be up and running on the joint solution in less than 15 minutes by signing up for a free trial of Sauce Labs, and creating a free TestProject account and entering their API token from Sauce Labs. Current and prospective customers are invited to join a joint webinar on January 23, 2020 to learn more about the combined solution and see a live demonstration.

    About TestProject

    TestProject (part of the Tricentis Community Platform) is the world’s first free cloud-based, community testing platform. TestProject makes it easier for testers and developers to do their jobs quickly, and to collaborate using popular open source frameworks (e.g., Selenium and Appium) to ensure quality with speed. By fostering a collaborative community that can come together — as individuals and in teams — TestProject is shaping the future of software testing. Founded in 2015, TestProject is headquartered in Petah-Tikva, Israel. Learn more at https://testproject.io.

  • LaunchDarkly Raises $54 Million for Rapid Expansion of Feature Management Platform

    Oakland, Calif – January 16, 2020 – LaunchDarkly, the feature management platform software teams use to build better software faster, announced today $54 million in additional funding led by Bessemer Venture Partners from their Century Fund for growth-stage companies, with participation from Threshold Ventures, Redpoint Ventures, Uncork Capital, Vertex Ventures and Bloomberg Beta. With this vote of continued confidence, LaunchDarkly has received a total of $130 million in funding to date.

    The investment will be used to address the surge in demand LaunchDarkly has seen for its feature management platform. Companies like IBM, TrueCar, and fuboTV are using LaunchDarkly to control feature lifecycles, eliminate risk from deployment processes, and increase efficiency throughout development cycles.

    “LaunchDarkly pioneered the category of feature management and has quickly become the de facto standard to reliably deploy software at scale,” says Ethan Kurzweil, partner at Bessemer Venture Partners. “We are excited to support Edith, John and the LaunchDarkly team as they invest in transforming the way that software is built and launched, allowing companies to be more nimble and product-driven.”

    In 2019, the company served more than 1 trillion features flags a day for more than a thousand customers, an increase of 500% over 2018. The spike was driven by the increasing pressure companies are experiencing to move quickly, innovate faster, and deliver exceptional user experiences. This demand is expected to continue as more teams strive to deliver these results without sacrificing quality or efficiency.

    “Dynamic feature management is rapidly becoming the next big innovation in software development, allowing companies of all sizes to ship code faster with less risk,” says Josh Stein, Managing Partner of Threshold Ventures. “It’s been amazing to see the impact LaunchDarkly is having, and we’re excited to see how the platform and the team continue to grow in 2020.”

    In April 2019 LaunchDarkly held its first conference, Trajectory Conference, in downtown Oakland. Attendees heard talks from industry leaders from organizations like Slack, Microsoft, Datadog, AWS, and IBM. LaunchDarkly will host the Trajectory Conference again on April 29-30, 2020.

    LaunchDarkly continues to improve its core platform, including offered add-ons to core feature management functionality:

    • Experimentation – enabling teams to test ideas in production
    • Data Export – empowering teams to extract data into external analysis tools
    • Mobile Monthly Active User Packs – for feature management on mobile devices

    The team has added multiple new languages, including Roku and C/C++, and enhanced integrations with GitHub, HashiCorp, and Slack.

    “LaunchDarkly is creating an entirely new category called feature management,” says Scott Raney, General Partner at Redpoint Ventures. “Edith, John, and the team are solving some of the most difficult problems developers and product teams face and we couldn’t be more excited to continue on this journey!”

    LaunchDarkly will also continue to invest in expanding its team. In 2019 LaunchDarkly grew its team in its Oakland headquarters, opened a sales and customer success hub in New York City, and hired sales, customer success, and developer advocates across North America. In 2020 LaunchDarkly will open sales offices in Sydney, Australia, and an engineering hub in London, UK.

    About LaunchDarkly

    Founded in 2014 by Edith Harbaugh and John Kodumal, LaunchDarkly is the feature management platform that software teams use to build better software, faster with less risk. Development teams use feature management as a best practice to separate code deployments from feature releases. With LaunchDarkly, teams control their entire feature lifecycles from concept to launch to value. Serving over 1 trillion feature flags a day, LaunchDarkly is used by teams at Atlassian, Microsoft, and CircleCI. Learn more at https://launchdarkly.com.

    About Bessemer Venture Partners

    Bessemer Venture Partners is the world’s most experienced early-stage venture capital firm. With a portfolio of more than 200 companies, Bessemer helps visionary entrepreneurs lay strong foundations to create companies that matter, and supports them through every stage of their growth. The firm has backed more than 120 IPOs, including Pinterest, Shopify, Yelp, LinkedIn, Skype, LifeLock, Twilio, PagerDuty, SendGrid, DocuSign, Wix, and MindBody. Learn more at https://bvp.com.

     

  • Tricentis Acquires SpecFlow to Support Agile Development at Scale

    Tricentis extends support for the open source community with the world’s leading behavior-driven development (BDD) platform for .NET

    Mountain View, Calif., January 15, 2020 – Tricentis, the leader in continuous testing for DevOps, announced that it has acquired SpecFlow, the biggest and most trusted BDD solution for .NET developers around the world. SpecFlow’s pragmatic approach to specification-by-example has helped agile development teams improve collaboration with business stakeholders to build and deliver higher quality software.

    SpecFlow will continue to remain a free, open source offering for the software development and testing communities. SpecFlow+, SpecFlow’s commercial offering, and SpecMap, an Azure DevOps extension for user story mapping, will now be offered for free to meet the needs of scaling BDD across the enterprise – all backed by Tricentis’ leading innovation in continuous testing.

    With this acquisition, Tricentis continues to extend its leadership in the open source and developer-led testing market. SpecFlow is Tricentis’ second acquisition in this market within the past year, with further acquisitions planned in the coming months. In 2019, Tricentis acquired TestProject, the world’s first free, cloud based test automation platform leveraging Selenium and Appium. The acquisition of SpecFlow adds best-in-class support for BDD and .NET developers to round out Tricentis’ comprehensive open source testing platform.

    “BDD is becoming broadly relevant in enterprises for their digital transformation,” explained Tricentis Founder and Chief Strategy Officer Wolfgang Platz. “As business requirements change at DevOps speed, teams need a way to document how their applications should behave across highly integrated systems. Without built-in test automation to this shared understanding, software delivery leads to production bugs and poor user experiences. SpecFlow’s ability to create this shared business understanding, connected with automated tests, makes it the most trusted BDD platform for .NET development.”

    SpecFlow was developed by TechTalk as the open source port of Cucumber for .NET in 2009. Since then, SpecFlow has gathered a massive open source community, with more than 9.6 million downloads and a user base that continues to grow at more than 3,000 downloads per day.

    SpecFlow provides a way to define, manage and automatically execute human-readable acceptance tests in .NET projects. By using human-readable syntax, known as Gherkin (“Given-When-Then”), SpecFlow helps software delivery teams to create a common business understanding of how their systems should behave. Its integration with popular developer tools like Selenium and Microsoft Visual Studio have made SpecFlow the BDD standard to bridge the communication gap between developers, testers and business users.

    “I’m extremely proud of the community that SpecFlow has fostered over the years,” says Christian Hassa, Owner and Managing Partner at TechTalk. “TechTalk is happy to have found a partner in Tricentis who is committed to the BDD community and to significantly expand on our vision for SpecFlow while keeping it independent.”

    About SpecFlow

    SpecFlow is the world’s leading open-source Behavior-Driven Development framework for .NET. SpecFlow facilitates collaboration between teams in small and large enterprises, allows you to automate tests written in human-readable language, and helps stakeholders build up a shared understanding of software systems.

    Learn more about SpecFlow on specflow.org.

    About TechTalk

    TechTalk is a Central European company that specializes in agile methods, agile development, and agile coaching. TechTalk was a first mover in the agile community, realized the potential of Behavior-Driven Development at an early stage and started developing SpecFlow in 2008. TechTalk released SpecFlow as an open-source project in 2009 to involve the agile community and accelerate the growth and adoption of SpecFlow.

    Learn more about TechTalk at https://techtalk.at or follow us on LinkedIn, Twitter.

    About Tricentis

    With the industry’s #1 Continuous Testing platform, Tricentis is recognized for reinventing software testing for DevOps. Through agile test management and advanced test automation optimized to support over 150+ technologies, we provide automated insight into the business risks of your software releases–transforming testing from a roadblock to a catalyst for innovation. The result is accelerated software delivery speed, improved cost efficiency, and reduced business risk.

    Tricentis is the only vendor to achieve “leader” status in all three top analyst reports (i.e., the “Triple Crown.”) This honor is based on our technical leadership, innovation, and a Global 2000 customer base of 1600+ companies, including global enterprises such as Allianz, ANZ Bank, Cisco, Dolby, Experian, First Data, HSBC, Merck, Office Depot, Samsung, Swiss Re, Starbucks, Telstra, UBS, Vodafone, Whole Foods, and WorldPay. Customers rely on Tricentis to achieve and sustain test automation rates of over 90 percent—increasing risk coverage while accelerating testing to keep pace with Agile and DevOps.

    Tricentis has a global presence in Austria, Australia, Belgium, Denmark, Germany, India, Netherlands, Singapore, Switzerland, Poland, United States and the UK. To learn more, visit https://www.tricentis.com or follow us on LinkedIn, Twitter, and Facebook.

  • WhiteSource Enhances GitLab Integration with Support for GitLab Ultimate

    Adding to WhiteSource’s existing GitLab integration, the enhancement will help programmers detect and remediate vulnerable code earlier without leaving the GitLab CI/CD pipeline  

    San Francisco – January 14, 2020 – WhiteSource, the leader in open source security and license compliance management, announced today enhanced GitLab integration for the company’s developer-focused offering, WhiteSource for Developers. This enhancement adds to WhiteSource’s existing GitLab integration, giving developers alerts on open source components with known vulnerabilities earlier in the software development lifecycle, and providing clear, actionable remediation suggestions before the code ever leaves their hands. With support for the GitLab Security Dashboard, a capability available for GitLab Ultimate users, security pros can gain visibility into unresolved vulnerabilities earlier than ever and GitLab users can gain additional insight from WhiteSource.

    “With this new integration, developers can more easily find and fix vulnerable code without leaving the GitLab CI/CD pipeline,” said David Habusha, VP Product Management at WhiteSource, “while security professionals can leverage their WhiteSource investment to advance their shift left and further automate risk policies within the Software Development Lifecycle (SDLC).”

    “We are excited to have WhiteSource as a part of GitLab’s partner program to complement our security capabilities,” said Brandon Jung, VP of Alliances at GitLab. “GitLab gives customers earlier visibility to software vulnerabilities and actionable remediation. This integration furthers our commitment to provide our customers a seamless DevSecOps experience.”

    WhiteSource integration with GitLab is available with WhiteSource for Developers. Additional information regarding this integration can be found here.

    About WhiteSource

    WhiteSource is the leader in continuous open source security and license compliance management. Its vision is to empower businesses to develop better software by harnessing the power of open source. Industry leaders like Microsoft, IBM, and hundreds more trust WhiteSource to secure and manage the open source components in their software. For more information, please visit www.whitesourcesoftware.com

  • ZeroNorth Strengthens Software Security for Leading Auction Platform, Bidpath

    Consolidated View of Risk Across Software and Infrastructure Accelerates Remediation and Provides Stronger Security Assurance for Customer and Regulatory Requirements

     

    BOSTON – January 7, 2020 – ZeroNorth, the industry’s first provider of risk-based vulnerability orchestration for applications and infrastructure, today announced that the leading global auction software company, Bidpath, selected the ZeroNorth platform to strengthen its software security program. By orchestrating multiple software scanning tools through the ZeroNorth platform, Bidpath gains a consolidated view of risk that enables it to prioritize vulnerabilities, ensure remediation and demonstrate security assurance for customers and regulators.

    Software security is critically important to Bidpath and its customers, which include some of the world’s largest auction houses and other public and private organizations. As Bidpath constantly innovates upon its leading auction software to introduce new features and capabilities, it needs to assure customers and regulators that its software is continuously delivered vulnerability-free.

    “ZeroNorth is a force multiplier for our software security program,” said Francis Juliano, CTO at Bidpath. “Without ZeroNorth, there’s no question we’d have to significantly grow our team or invest in custom integration projects to give us any shot at creating the type of appsec program we now have in place. With ZeroNorth, a single pane of glass gives us a consolidated view to manage risk and provide risk assurance to those who need it.”

    The ZeroNorth platform delivered quick time-to-value as Bidpath deployed it to orchestrate multiple commercial and open source tools that scan different areas of its applications and infrastructure. For example, during a proof-of-concept, a Bidpath scan returned thousands of findings from different tools that would otherwise have to be painstakingly and manually examined for required action. ZeroNorth condensed those findings into five specific issues for the company to quickly and confidently address.

    In addition, ZeroNorth has helped put Bidpath in a better position to win new customers – including public and private organizations – that need security assurance when they partner with third-party organizations. It also eases the burden of providing similar information to regulators, such as those enforcing the Payment Card Industry (PCI) data security standards.

    “For two decades, Bidpath has powered online auctions for some of the world’s most recognizable brands, and it’s done so by continuously delivering innovative products and earning its customers’ trust,” said John Worrall, CEO at ZeroNorth. “As the software industry rethinks development practices to make security a more integral part of the process, it’s not surprising that Bidpath is among the companies leading the charge. The fact that they chose ZeroNorth to help drive this important evolution is a huge validation for the value our platform provides.”

    About Bidpath

    The Bidpath Team have been building online technology platforms for some of the world’s leading Auction Companies since 1999. Built by Auctioneers for Auctioneers Bidpath has used its years of real time experience on the block to create products that meet the continuing needs of auctioneers and to truly push the envelope, as the auction industry continues to further evolve incorporating virtual technologies to the longstanding tradition of the Auction Business – “Where Tradition Meets Technology!” For more information, visit https://www.Bidpath.com.

    About ZeroNorth

    ZeroNorth is the first company to deliver risk-based vulnerability orchestration across applications and infrastructure. By orchestrating scanning tools across the entire software lifecycle, ZeroNorth provides a comprehensive and continuous view of risk, and reduces costs associated with managing disparate technologies. ZeroNorth empowers customers to rapidly scale application and infrastructure security, while integrating seamlessly into developer environments to simplify and verify remediation. For more information, follow ZeroNorth on Twitter (@ZeroNorthSec) or LinkedIn, or visit https://www.zeronorth.io/.

     

     

  • Compuware Announces CloudBees Partnership and New Topaz Version, Enabling Large Enterprises to Leverage Their Mission-critical Mainframe Systems

    CloudBees TAPP Premier Status and Streamlined Usability within Topaz Suite Help Large Enterprises Fully Participate in the Digital Economy

    DETROIT—January 7, 2020—Compuware Corporation, the leading provider of software for mainframe DevOps, today announced a CloudBees Technical Alliance Partner Program (TAPP) Premier Partnership and new advancements to Topaz that together enable organizations to quickly achieve low-risk, low-cost mainframe modernization by fully leveraging their existing mainframe resources.

    Business demand for faster innovation is driving organizations to increase deployment frequency by an average of 41% for new mainframe features and an average of 38% for new features to non-mainframe applications according to a recent study commissioned by Compuware and conducted by Vanson Bourne. The new CloudBees partnership and Topaz advancements enable enterprises to meet this business imperative by increasing software delivery velocity—without compromising quality and efficiency.

    “GNP is dedicated to consistently delighting our customers with the best digital products and services whenever and wherever,” said Arturo Sanchez Guerrero, Mainframe Optimization Manager at Grupo Nacional Provincial. “Compuware has been a very important and collaborative partner in helping us remove mainframe software development and delivery bottlenecks so that we can meet customer demands for innovation quickly and efficiently.”

    CloudBees Partnership and Product Integrations Ensure Core Mainframe Systems Can be Included in Cross-platform DevOps Toolchains

    The CloudBees TAPP provides a formal, unified program for independent software vendors (ISVs) to align their offerings with the global Jenkins community. Participation in the TAPP enables a tighter connection between Compuware and CloudBees so customers’ core mainframe systems can be more easily integrated into a cross-platform DevOps toolchain.

    Compuware was invited to participate as a premier member because of the existing product integrations between Compuware ISPW, Topaz and Xpediter, and CloudBees Core, an end-to-end continuous delivery platform, and CloudBees Flow, an adaptive release orchestration platform. The integrations and plugins enable development teams to perform the following tasks within a DevOps pipeline:

    • Create, promote and deploy mainframe software releases
    • Coordinate mainframe software releases with releases on other platforms
    • Automate unit and functional tests
    • Perform code coverage analysis
    • Submit jobs on the mainframe
    • Retrieve mainframe source code for static analysis tools

    “CloudBees is thrilled to have Compuware as a TAPP Premier Member,” said Francois Dechery, chief strategy officer and co-founder, CloudBees. “Compuware has a unique understanding of the needs and goals of mainframe customers. In addition to other computing platforms, mainframe customers also successfully utilize CloudBees technologies for continuous integration, continuous delivery and application release orchestration applications. We welcome Compuware to the CloudBees ecosystem.”

    Topaz Advancements Improve Developer Experience and Empower Novice Developers

    The business demand for faster digital innovation and an increased reliance on the mainframe­­—coupled with a necessary influx of developers new to the mainframe platform —means developers must be empowered with a rich and intuitive work experience that automates manual tasks, simplifies complex programs and provides fast feedback on quality and coding standards.

    To that end, Compuware announced today a new version of Topaz that includes a new editing experience for COBOL, PL/I and JCL that guides even the novice developer towards optimum results with streamlined usability, native Eclipse integration and real-time COBOL and PL/I syntax checking.

    In addition, the ASG-PRO/JCL integration with Topaz Workbench announced last month enables developers to seamlessly access ASG-PRO/JCL’s JCL validation and runtime simulation, simplifying maintenance and support tasks with a modern front end, saving teams time and dramatically improving the experience for next generation developers.

    Since Topaz was launched five years ago, it’s evolved from a enterprise data visualization tool, to an Agile, force-multiplying development and testing platform with more than 15 integrations and 5 API enabled products from Compuware, empowering any developer, regardless of experience, to understand and work on any program, no matter how old or complex.

    New Acquisition

    Further, continuing its mission to modernize every aspect of mainframe software delivery, Compuware also announced today it closed on a transaction to acquire the assets of INNOVATION Data Processing, the market leader in enterprise data protection, business continuance and storage resource management solutions serving the mainframe market. This acquisition is Compuware’s sixth in the last three years.

    ”As the world  becomes more digitally competitive, mainframe development expectations are increasingly being driven by rapidly evolving customer demand for innovative products and services,” said Compuware CEO Chris O’Malley. “It’s critical that businesses empower their next generation of developers with a seamlessly integrated, mainframe-inclusive DevOps toolchain so that they can work within Agile methods to meet their customers’ expectations in the Age of Software.”

    Compuware Corporation

    Compuware empowers the world’s largest companies to excel in the digital economy by taking full advantage of their mainframe investments. We do this by delivering innovative software that enables IT professionals with mainstream skills to develop, deliver and support mainframe applications with ease and agility. Our modernized solutions uniquely automate mainframe work, integrate into a cross-platform DevOps toolchain and measure software delivery quality, velocity and efficiency. Learn more at compuware.com