Tech Company M&A Transactions
StackStorm Acquisition
StackStorm was purchased by Brocade Communication Systems. The transaction was announced on 3/30/2016. Brocade Communication Systems did not announce any financial terms for the deal.
Transaction Overview
Company Name
Acquired By
Announced On
3/30/2016
Transaction Type
M&A
Amount
Unknown
M&A Terms
Under Brocade, the StackStorm technology will be extended to networking and new integrations will be developed for automation across IT domains such as storage, compute, and security. The StackStorm team also highlighted in its blog it anticipates investment from Brocade to increase the size of its team over the coming months. Financial terms of the transaction were not disclosed by the comapnies.
Company Information
Company Status
Acquired or Merged
Industry
Software
Mailing Address
261 Hamilton Ave. 404
Palo Alto, CA 94301
USA
Palo Alto, CA 94301
USA
Phone
Website
Email Address
Overview
StackStorm is an emerging leader of the third wave of operations automation. Built from the ground up with DevOps in mind, StackStorm's vision is a world of self-driving data centers that learn over time how to better operate themselves.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Evan Powell
Chief Technical Officer
Dmitri Zimine
Browse more venture capital transactions:
Prev: 3/30/2016: Icebrg.io venture capital transaction
Next: 3/30/2016: Breast Microseed venture capital transaction
Share this article
Where The Data Comes From
We do our best to report on funding rounds that are announced publicly. VC investment data records reported here are sourced from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs