Meet Buildkite, the Aussie software company which just raised $28 million at a valuation of $200 million
Summary
We had plenty of money on our balance sheets, we were profitable – we have been since the early days – we’ve paid out dividends to all of our shareholders for a whole lot of our existence. “We tried every tool under the sun and none of them worked for a variety of reasons, including the wrong trade-offs around security or maintainability or just being able to grow with us as we grew as a business,” Donald said. Donald explained that he knew fellow Buildkite cofounders Tim Lucas and Keith Pitt from the Australian tech community. “The downside is that it’s really hard to scale and you need a lot of people running it.” “Pretty quickly it spread – even in the earliest, most beta form of it – through Australian tech companies,” Donald said. It meant that we could ship software quicker and the whole development team loved it and that’s a huge thing.” Keith and Tim then went on an angel investing round, raising $200,000 from friends, family and people in the tech community.