CloudBolt completed the acquisition of StormForge.

Synopsis

CloudBolt, a cloud cost management firm, completed the acquisition of StormForge, a pioneer in machine learning-powered Kubernetes resource optimization. Financial terms were not disclosed. With this acquisition, CloudBolt will fully integrate StormForge's patent-pending machine learning capabilities into its award-winning FinOps platform, creating one of the most advanced Kubernetes cost management solutions available.

Principals

target

STORMFORGE

bidder

CLOUDBOLT

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Market Context

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Seller Team (1)

rod squires

CEO at STORMFORGE

Manager

target

Deal

n/a

Total Value

Bidder Team (2)

craig hinkley

CEO at CLOUDBOLT

Manager

bidder

Deals

£ 263 M

Total Value

caroline statile

Scratch Marketing + Media

PR Consultant

bidder

Deal

n/a

Total Value

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