M&A Deal Summary

CloudBolt Software Acquires StormForge

On March 31, 2025, CloudBolt Software acquired information technology company StormForge from Insight Partners

Acquisition Highlights
  • This is CloudBolt Software’s 2nd transaction in the Information Technology sector.
  • This is CloudBolt Software’s 2nd transaction in the United States.
  • This is CloudBolt Software’s 1st transaction in Virginia.

M&A Deal Summary

Date 2025-03-31
Target StormForge
Sector Information Technology
Buyer(s) CloudBolt Software
Sellers(s) Insight Partners
Deal Type Add-on Acquisition

Target

StormForge

Arlington, Virginia, United States
StormForge is a machine learning-powered Kubernetes resource optimization company that brings together data scientists and software engineers driven to help businesses maximize resource efficiency with ML-powered solutions designed to help people, not replace them. With its platform engineering teams can ensure cloud environments are both cost-effective and highly performant while removing developer toil. StormForge was founded in 2015 and is based in Washington, DC.

Search 214,239 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

CloudBolt Software

Rockville, Maryland, United States

Category Company
Founded 2012
Sector Internet Software and Services
DESCRIPTION

CloudBolt Software, Inc. is a cloud management platform for the enterprise. CloudBolt helps IT unify orchestration and automate the provisioning of their hybrid cloud resources quickly, cost-effectively, and securely while providing developers with anywhere, anytime access to those resources through a self-service catalog. Today, CloudBolt is deployed in the world’s largest enterprises, across all industries including financial services, government, healthcare, manufacturing, retail, technology services, and more. CloudBolt was formed in 2012 and is based in Rockville, Maryland.


DEAL STATS #
Overall 2 of 2
Sector: Information Technology M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
State: Virginia M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-06-02 SovLabs

Norcross, Georgia, United States

SovLabs provides codeless integrations and automations for extending VMware vRealize Automation and VMware Cloud Automation Services. Deployed in hours, feature-rich, and fully supported, SobLabs enables customers to automate their provisioning environments while avoiding technical debt caused by custom coding.

Buy -

Seller(S) 1

SELLER

Insight Partners

Investor Investor Investor Investor Investor


Category Venture Capital Firm
Founded 1995
PE ASSETS 90.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Insight Partners is a growth capital investment firm focused on early to later stage investments principally in the software sector. Insight Partners was formed in 1995 and is based in New York, New York.


DEAL STATS #
Overall 47 of 48
Sector: Information Technology M&A 8 of 9
Type: Add-on Acquisition M&A Deals 15 of 15
State: Virginia M&A 2 of 2
Country: United States M&A 40 of 41
Year: 2025 M&A 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-03-24 CentralReach

Fort Lauderdale, Florida, United States

CentralReach provides electronic health record and practice management software for clinics focused on applied behavioral analysis (ABA) and speech therapy. The company is an end-to-end solution provider that integrates clinical data collection, practice management, and a marketplace product for these audiences. CentralReach was founded in 2012 and is headquartered in Fort Lauderdale, Florida.

Sell $1.7B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-05-21 Hinge Health

San Francisco, California, United States

Hinge Health is a digital health startup that develops software, hardware, and services to help companies manage employees’ musculoskeletal (MSK) conditions. Hinge Health was founded in 2015 and is based in San Francisco, California.

Sell -