& cplSiteName &

Avi Acquires StacksWare for Application Management From the Cloud

Mitch Wagner
9/12/2017
50%
50%

Avi Networks has acquired StacksWare to extend Avi's application load balancing and services software into the cloud.

StacksWare will allow Avi to provide software application control as a multi-tenant service from the cloud for medium-sized enterprises, Avi CEO Amit Pandey tells Enterprise Cloud News. The company's application controller now runs either on-premises, or in the cloud for individual tenants. Avi provides load balancing, predictive autoscaling, application insights, security and automation for applications running either on-premises or in the cloud. Avi announced the deal Tuesday; financial terms were not disclosed.

The acquisition "will help us move down-market to midsized enterprises who are happy sharing a SaaS platform with other customers," Pandey says. "It becomes a lower-cost approach for midmarket customers."


Keep up with the latest enterprise cloud news and insights. Sign up for the weekly Enterprise Cloud News newsletter.


StacksWare, based in San Francisco, provides a cloud application to help enterprises manage software assets, optimizing licensing costs, Pandey says.

StacksWare is funded by Greylock Partners and Lightspeed Venture Partners, the same VCs that backed Avi. StacksWare was founded by six Stanford University graduates, and now totals around 20 employees, who will add to Avi's existing headcount of 150-200, Pandey says. "They are basically going to be leading the architecture of our multi-tenant product," he says. "It's mostly an engineering team."

StacksWare raised "a few million dollars," and Avi, based in Santa Clara, Calif., has raised more than $50 million, Pandey says.

Related posts:

— Mitch Wagner Follow me on Twitter Visit my LinkedIn profile Visit my blog Follow me on Facebook Editor, Enterprise Cloud News

(1)  | 
Comment  | 
Print  | 
Newest First  |  Oldest First  |  Threaded View        ADD A COMMENT
More Blogs from Wagner’s Ring
IBM and Cisco are working with Europe's largest port to reduce fuel consumption and other costs and improve safety.
In which we receive an alarming email from Oracle.
SD-WAN is about more than saving money – it also provides application delivery, insights and reliability. Find out more in this podcast sponsored by Citrix.
Platform is designed to enable enterprises to build big data analytics apps that move easily between public and private clouds.
Buying Evident.io extends Palo Alto's portfolio with API-based security capabilities and compliance automation.
Featured Video
From The Founder
John Chambers is still as passionate about business and innovation as he ever was at Cisco, finds Steve Saunders.
Flash Poll
Upcoming Live Events
June 26, 2018, Nice, France
September 12, 2018, Los Angeles, CA
September 24-26, 2018, Westin Westminster, Denver
October 9, 2018, The Westin Times Square, New York
October 17, 2018, Chicago, Illinois
October 23, 2018, Georgia World Congress Centre, Atlanta, GA
November 7-8, 2018, London, United Kingdom
November 8, 2018, The Montcalm by Marble Arch, London
November 15, 2018, The Westin Times Square, New York
December 4-6, 2018, Lisbon, Portugal
All Upcoming Live Events
Hot Topics
NFV Is Down but Not Out
Iain Morris, News Editor, 5/22/2018
What VeloCloud Cost VMware
Phil Harvey, US News Editor, 5/21/2018
Trump Denies ZTE Deal, Faces Senate Backlash
Dan Jones, Mobile Editor, 5/22/2018
5G in the USA: A Post-BCE Update
Dan Jones, Mobile Editor, 5/23/2018
Here Comes DOCSIS 4.0
Alan Breznick, Cable/Video Practice Leader, Light Reading, 5/22/2018
Animals with Phones
Live Digital Audio

A CSP's digital transformation involves so much more than technology. Crucial – and often most challenging – is the cultural transformation that goes along with it. As Sigma's Chief Technology Officer, Catherine Michel has extensive experience with technology as she leads the company's entire product portfolio and strategy. But she's also no stranger to merging technology and culture, having taken a company — Tribold — from inception to acquisition (by Sigma in 2013), and she continues to advise service providers on how to drive their own transformations. This impressive female leader and vocal advocate for other women in the industry will join Women in Comms for a live radio show to discuss all things digital transformation, including the cultural transformation that goes along with it.

Like Us on Facebook
Twitter Feed