Report: Microsoft Buying Israel’s Cloudyn for $50-70M
By NoCamels Team April 20, 2017 < 1 minute
April 20, 2017 | Microsoft is preparing to buy Israeli cloud-monitoring and analytics startup Cloudyn in a deal thought to be worth between $50-$70 million, according to a report in Israeli business publication Calcalist. Headquartered near Tel Aviv, Cloudyn was co-founded in 2011 by CEO Sharon Wagner, CTO Dr. Boris Goldberg and VP products Vittaly Tavor. The company’s SaaS (software-as-a-solution) platform enables enterprises to save manpower by automating the monitoring of their cloud assets, through data analytics and optimization. Cloudyn has raised more than $20 million since its inception, including an $11 million round in 2015, and their clients include Hewlett Packard Enterprise (HPE) and Ticketmaster.
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