Google acquired Stackdriver (cloud services)

Companies in Relationship

Google, Stackdriver

Deal Facts

Initial Announcement Date: 5/14

Consideration: not disclosed

Google acquires Stackdriver, which develops technology to support developers in monitoring apps and services running in the cloud. The company's technology provides visibility into errors, performance, behavior, and operations. The Stackdriver team will work on integrating its technology with the Google Cloud Platform.

Previously, Stackdriver had raised $15 million in venture funding in rounds led by Bain Capital and Flybridge Capital..

Strategic Implications

Adding Stackdriver is an attempt by Google to make its cloud platform stand out in the increasingly competitive cloud computing market.

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