CloudBolt Software, an enterprise cloud management platform, is acquiring SovLabs, enabling CloudBolt to better serve its growing base of global customers and the thousands of VMware vRealize customers as enterprises increasingly adopt new tools like HashiCorp Terraform, Kubernetes, ServiceNow, and more.
With SovLabs, CloudBolt instantly doubles its customer base, increases its employee headcount by 50%, and acquires SovLabs’ technology to advance CloudBolt’s cloud management vision.
Coming on the heels of CloudBolt’s new CEO appointment, the SovLabs team joins CloudBolt with the acquisition.
As organizations invest in tools like infrastructure-as-code (e.g., HashiCorp Terraform), container orchestrators (e.g., Kubernetes), and IT service management (e.g., ServiceNow) these challenges will intensify.
To tackle these issues, CloudBolt will use SovLabs’ codeless integrations to help its customers and vRealize customers to dramatically reduce the cost and project risk of custom coding automation workflows required by these new tools.
At the same time, as enterprises seek to enhance their hybrid cloud capabilities, they can utilize CloudBolt to help them visualize, secure, and optimize their resources and workloads.
In this emerging multi-tool world, CloudBolt’s integration of SovLabs advances the company’s ambitious vision of “cloud management, reimagined” through three key principles:
- Build: with SovLabs’ codeless integrations as the technology linchpin, enterprise IT teams (e.g., networking, security, etc.) will be able to publish their own services to centralize automation of their IT resources and extend them for use by multiple tools
- Deploy: owners of different cloud management tools--CloudBolt, vRealize, Terraform, Kubernetes, ServiceNow, and others--will be able to easily consume those services to leading to faster infrastructure provisioning and dramatic reduction of custom code
- Govern: as enterprises advance from private to hybrid cloud, cloud leaders can use CloudBolt’s portfolio of cost management and governance solutions to better visualize, secure, and optimize their workloads and containers across their environments
CloudBolt’s cloud management vision promises to deliver significant value for enterprises based on speed, flexibility, and simplicity.
First, the addition of SovLabs will enable enterprise IT to build their own policies once and extend them--anywhere, anytime--dramatically increasing time-to-value and ROI.
Secondly, by using tools of their choice, enterprises will be able to achieve greater flexibility and reduce vendor lock-in. Finally, as enterprises deploy more workloads, they will be able to easily integrate with CloudBolt via lightweight APIs, instead of relying on monolithic solutions, for improved governance and cost management.
“This acquisition is a great outcome for SovLabs customers and for the overall market. We're very excited about being part of CloudBolt and the Insight Partners portfolio,” said Dave Wasserman, chief executive officer of SovLabs. “Our expertise lies in the ability to software-define complex integrations that enterprises need for successful automation projects. We solved this problem for vRealize Automation and are now bringing our capabilities to more tools. Our acquisition by CloudBolt allows us to support our customers and their growing tools of choice while expanding our capabilities to hybrid cloud orchestration and governance.”
For more information about this news, visit www.cloudbolt.io.