Avi Acquires StacksWare for Application Management From the Cloud

Avi plans to extend its load balancing and service software into multi-tenant cloud.

Mitch Wagner, Executive Editor, Light Reading

September 12, 2017

2 Min Read
Avi Acquires StacksWare for Application Management From the Cloud

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."

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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.

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About the Author(s)

Mitch Wagner

Executive Editor, Light Reading

San Diego-based Mitch Wagner is many things. As well as being "our guy" on the West Coast (of the US, not Scotland, or anywhere else with indifferent meteorological conditions), he's a husband (to his wife), dissatisfied Democrat, American (so he could be President some day), nonobservant Jew, and science fiction fan. Not necessarily in that order.

He's also one half of a special duo, along with Minnie, who is the co-habitor of the West Coast Bureau and Light Reading's primary chewer of sticks, though she is not the only one on the team who regularly munches on bark.

Wagner, whose previous positions include Editor-in-Chief at Internet Evolution and Executive Editor at InformationWeek, will be responsible for tracking and reporting on developments in Silicon Valley and other US West Coast hotspots of communications technology innovation.

Beats: Software-defined networking (SDN), network functions virtualization (NFV), IP networking, and colored foods (such as 'green rice').

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