Cloud cost management provider Cloudability announced on Wednesday that it has acquired DataHero, a self-service cloud BI that allows user to uncover data insights and communicate them with charts. The terms of the deal have not been disclosed.
Founded in 2011, DataHero is used by organizations in marketing, sales, technology, education, financial services, ecommerce and agencies. It connects directly to cloud services for automatically updated insights and offers drag-and-drop chart creation.
According to the announcement, DataHero’s San Francisco location will serve as Portland-based Cloudability’s first Bay Area location and a critical part of its future expansion. It will likely make it easier for Cloudability to recruit engineering talent as well, since it will have an office in the Bay Area, in addition to its offices in Portland and Boulder.
Cloudability helps organizations monitor spending, optimize costs and govern cloud deployments, according to the company, saving organizations an average of 30 percent on cloud costs in the first 6 months.
“As companies spend more to run applications on public clouds, effectively managing deployment costs becomes increasingly important and complex,” Cloudability CEO Mat Ellis said in a statement. “Mastering the cloud at scale requires thinking about spending as ‘what did it cost us to do some important business activity?’ instead of ‘how much did I spend on IT last month?’. The activity can be almost anything: a webpage served, a widget sold, a ride taken across town or even a flight to the other side of the planet. For the last few years, DataHero has been helping their customers analyze and understand the business activities that matter most. That kind of innovation and expertise will be invaluable to our users.”
In a blog post, DataHero CEO Ed Miller said: “For our customers, there will be no immediate changes to the DataHero product or customers’ accounts. We will continue to operate the DataHero business as we have been. I cannot express enough my appreciation of your loyalty over the years. DataHero could not have made it this far without your support. As we explore options for our combined future, we’ll involve you, our customers, in our planning.”