Google has announced that it will take over Alooma, reports TechCrunch. Alooma is a company that enables enterprises to combine all their data sources in services such as BigQuery, Redshift, Snowflake and Azure. The company takes care of the management of the data pipelines. The company also helps with migration to the cloud, managing data and using data for AI and machine learning cases.
Dominic Preuss, director of product management at Google Cloud Platform (GCP), and Amit Ganesh, VP of engineering at the Internet giant, argue that Alooma is a “good fit. “The acquisition allows us to provide a streamlined, automated migration experience to Google Cloud, and gives customers access to our full set of database services.
Although Alooma still offers the possibility to migrate to Google’s competitors, this will not be the case in the future. “For now, it is business as usual for Alooma and Google Cloud, while we wait for permission for and the completion of the agreement,” said the Internet giant. “The existing Alooma product continues to provide support for other cloud providers. We only take on new customers who migrate data to GCP, but existing customers continue to have access to other cloud providers.”
This means that after the agreement has been completed, new customers will no longer be able to use the competition’s cloud service. After the deal is completed, Alooma’s team will visit Google’s offices in Tel Aviv and Sunnyvale. What was paid for the takeover is unknown.
Alooma
Prior to the acquisition, Alooma had raised $15 million in funding, including a $11.2 million Series A round at the start of 2016.
The co-founders of Alooma say that “the journey is not over”. “Alooma has always aimed to make the simplest and most efficient path to standardizing enterprise data from any source, transforming it into actionable insights.
“By joining Google Cloud, we are one step closer to providing a full self-service database migration experience, driven by the power of their cloud technology, including analytics, security, AI and machine learning.”
This news article was automatically translated from Dutch to give Techzine.eu a head start. All news articles after September 1, 2019 are written in native English and NOT translated. All our background stories are written in native English as well. For more information read our launch article.