Home / News / Scaleworks announces pre-holiday surprise with Keen IO acquisition

Scaleworks announces pre-holiday surprise with Keen IO acquisition

scaleworks announces pre holiday surprise with keen io acquisition - Scaleworks announces pre-holiday surprise with Keen IO acquisition

Scaleworks, a personal fairness company based totally in San Antonio, Texas, it appears couldn’t wait till after the vacations to percentage the scoop of its newest acquire. The company introduced it used to be obtaining Keen IO in a Medium weblog publish the day gone by.

Terms of the deal weren’t disclosed, and neither corporate used to be to be had for remark past the weblog publish, however Keen has raised with regards to $30 million because it used to be based in 2011.

Keen IO makes gear for builders to create custom designed analytics dashboards. Scaleworks’ basic spouse Ed Byrne, who penned the weblog publish announcement, described the corporate in those phrases:

“Keen.io, launched in 2011, set out to let developers create a custom analytics back-end. It lets companies easily build and embed all sorts of analytics for teams and customers and often powers the dashboards in your favorite SaaS tools,” he wrote.

Byrne added that it used to be an organization the company had had an eye fixed on for a while as a lot of its houses are the usage of the Keen IO toolkit to construct dashboards. They aren’t by myself. According to the corporate site, 50,000 builders at 3500 firms have used the Keen gear to construct such dashboards. This features a vary of businesses corresponding to EMC, Adobe, Kik, Pandora, Ticketmaster and Freshdesk.

The corporate open sourced a key instrument, the Data Explorer, in 2015 within the hopes of having firms to make use of and give a boost to the information exploration instrument. It’s most up-to-date investment spherical used to be in June, 2016 for $14.7 million led via Pelion Venture Partners, consistent with information on Crunchbase.

Scaleworks is a personal fairness company that makes a speciality of B2B and SaaS firms together with Chargify, Earth Class Mail, Assembla, Filestack, Followup and Qualaroo.

Featured Image: cifotart/Getty Images

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