Cloud Monitoring Services Provider Cloudability Acquires Startup Company DataHero

January 9, 2016
Cloud Monitoring Services Provider Cloudability Acquires Startup Company DataHero
Cloud monitoring services provider Cloudability has acquired startup company DataHero. Cloudability, which has headquarters in Portland, Oregon, United States, provides services that enable its customers to “monitor, optimize and govern” the cost of their cloud services. The company particularly caters to customers operating in the areas of finance, engineering and management departments, and offers solutions that, with features like budget alerts, make cloud costs and usage information visible and accessible. DataHero is the fourth startup Cloudability has bought since March of 2015. The cost of the deal was not announced.

Established in 2011, DataHero has headquarters in San Francisco, California, United States. The company specializes in data analytics, data visualization, and big data services. It bills itself as offering a “smart data dashboard in the cloud” that does not require a “data scientist”. Prior to the acquisition, the company received $10.25 million investment from a group of venture capital companies including Foundry Group, Neu Venture Capital and Techstars Ventures. The company and its 12 staff will be absorbed into Cloudability, with its San Francisco headquarters becoming Cloudability’s “Bay Area” branch.

“Cloudability and DataHero are complementary in many ways – spanning from the mission of bringing greater usability and visibility to the cloud all the way through to company cultures,” explained DataHero’s CEO Ed Miller in a press release. “We are confident that this combination will significantly drive Cloudability’s growing lead in its space.”

Do you know of any other industry players involved in acquisitions? Let us know the details. Add your comments below.
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