Datadog Acquires Cloudcraft

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Datadog (NASDAQ: DDOG), a New York-based provider of a monitoring and security platform for cloud applications, acquired Cloudcraft, a New York-based provider of a visualization service for cloud and system architects.

The amount of the deal was not disclosed.

With the acquisition, Datadog will continue to offer Cloudcraft to existing and new customers and enhance its capabilities by integrating with its platform.

Led by Tomas Junnonen, Founder and CEO, Cloudcraft provides a visualization service for cloud and system architects to create real-time diagrams of their cloud infrastructures. It instantly analyzes service relationships within customers’ AWS environments, reverse engineers a system architecture diagram and automatically updates that diagram in line with infrastructure changes.

Datadog is the monitoring and security platform for cloud applications. Its SaaS platform integrates and automates infrastructure monitoring, application performance monitoring and log management to provide unified, real-time observability of customers technology stack. The company is used by organizations and across a wide range of industries to enable digital transformation and cloud migration, drive collaboration among development, operations, security and business teams, accelerate time to market for applications, reduce time to problem resolution, secure applications and infrastructure, understand user behavior and track key business metrics.

FinSMEs

04/11/2022