Apple acquires venture-backed buddybuild

Apple Inc. (NASDAQ: AAPL) has acquired Doe Pics Hit Inc., dba buddybuild for undisclosed amount. The transaction closed in December 2016.

buddybuild team has joined the Xcode engineering group at Apple.

Founded by Dennis Pilarinos and Christopher Stott in 2015, Vancouver based buddybuild is a mobile continuous integration and delivery platform.

In May 2016, buddybuild announced the closing of US $7.6 million Series A funding round led by Kleiner Perkins Caufield and Byers (KPCB) and with participation from seed investors including Amplify Partners, Bloomberg Beta and First Round Capital. buddybuild closed its US $1.2 million seed financing in 2015.

photo credit: buddybuild

Ted Liu

Ted Liu, M.Sc. (Mining), MBA (Finance), is the Editor of Private Capital Journal and CanadaMetals.ca, and former Editor of Canadian Private Equity. Ted has been passionately tracking Canadian private capital industry since 1992, most recently served as Research Director for The Canadian Venture Capital and Private Equity Association (CVCA). Ted was the architect of CVCA infobase, and is the architect of CPE Media's Financings.ca, the most sophisticated and advanced all private capital and public market financing database.