Scaleworks broadcasts pre-holiday shock with Eager IO acquisition
Scaleworks, a non-public fairness agency primarily based in San Antonio, Texas, apparently couldn’t wait till after the vacations to share the information of its newest buy. The agency introduced it was buying Eager IO in a Medium weblog publish yesterday.
Phrases of the deal weren’t disclosed, and neither firm was out there for remark past the weblog publish, however Eager has raised near $30 million because it was based in 2011.
Eager IO makes instruments for builders to create personalized analytics dashboards. Scaleworks’ common companion Ed Byrne, who penned the weblog publish announcement, described the corporate in these phrases:
“Eager.io, launched in 2011, got down to let builders create a customized analytics back-end. It lets corporations simply construct and embed all types of analytics for groups and clients and sometimes powers the dashboards in your favourite SaaS instruments,” he wrote.
Byrne added that it was an organization the agency had had an eye fixed on for a while as lots of its properties are utilizing the Eager IO toolkit to construct dashboards. They aren’t alone. In keeping with the corporate web site, 50,000 builders at 3500 corporations have used the Eager instruments to construct such dashboards. This features a vary of corporations akin to EMC, Adobe, Kik, Pandora, Ticketmaster and Freshdesk.
The corporate open sourced a key instrument, the Information Explorer, in 2015 within the hopes of getting corporations to make use of and enhance the information exploration instrument. It’s most up-to-date funding spherical was in June, 2016 for $14.7 million led by Pelion Enterprise Companions, in accordance with knowledge on Crunchbase.
Scaleworks is a non-public fairness agency that focuses on B2B and SaaS corporations together with Chargify, Earth Class Mail, Assembla, Filestack, Followup and Qualaroo.
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