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  6. Cloudability Acquires CloudMGR

M&A Deal Summary

Cloudability Acquires CloudMGR

On March 13, 2017, Cloudability acquired internet software and services company CloudMGR

Acquisition Highlights
  • This is Cloudability’s 5th transaction in the Internet Software and Services sector.
  • This is Cloudability’s 4th transaction in the United States.
  • This is Cloudability’s 2nd transaction in California.

M&A Deal Summary
Date 2017-03-13
Target CloudMGR
Sector Internet Software and Services
Buyer(s) Cloudability
Deal Type Add-on Acquisition

Target

CloudMGR

San Francisco, California, United States
CloudMGR is used to develop a company-wide visibility framework that makes it easy for leaders and teams to understand their Cloud resource usage and the operational cost of their usage behavior.

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Buyer(S) 1

Buyer

Cloudability

Portland, Oregon, United States
Category Company
Founded 2011
Sector Internet Software and Services
DESCRIPTION

Cloudability, Inc. is a provider of multi-cloud financial management and FinOps, serving hundreds of customers around the globe. Cloudability’s cloud financial management platform is built to help IT, Finance and business teams make timely decisions about cloud usage and master the unit economics of cloud. Cloudability, Inc. was founded in 2011 and is based in Portland, Oregon.

DEAL STATS #
Overall 5 of 5
Sector: Internet Software and Services M&A 5 of 5
Type: Add-on Acquisition M&A Deals 4 of 4
State: California M&A 2 of 2
Country: United States M&A 4 of 4
Year: 2017 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-06 Datahero

San Francisco, California, United States

Datahero, Inc. is a provider of self-service cloud BI.

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