INSUBCONTINENT EXCLUSIVE:
VMware is hosting its VMworld customer conference in Las Vegas this week, and to get things going it announced that it acquiring
Boston-based CloudHealth Technologies
They did not disclose the terms of the deal, but Reuters is reporting the price is $500 million.CloudHealth provides VMware with a crucial
multi-cloud management platform that works across AWS, Microsoft Azure and Google Cloud Platform, giving customers a way to manage cloud
cost, usage, security and performance from a single interface.Although AWS leads the cloud market by a large margin, it is a vast and
growing market and most companies are not putting their eggs in a single vendor basket
Instead, they are looking at best of breed options for different cloud services.This multi-cloud approach is great for customers in that
they are not tied down to any single provider, but it does create a management headache as a consequence
CloudHealth gives multi-cloud users a way to manage their environment from a single tool.CloudHealth multi-cloud management
Photo: CloudHealth TechnologiesVMware chief operating officer for products and cloud services, Raghu Raghuram, says CloudHealth solves the
multi-cloud operational dilemma
&With the addition of CloudHealth Technologies we are delivering a consistent and actionable view into cost and resource management,
security and performance for applications across multiple clouds,& Raghuram said in a statement.CloudHealth began offering support for
Google Cloud Platform just last month
CTO Joe Kinsella told TechCrunch why they had decided to expand their platform to include GCP support: &I think a lot of the initiatives
that have been driven since Diane Greene joined Google [at the end of 2015] and began really driving towards the enterprise are bearing
And as a result, we&re starting to see a really substantial uptick in interest.&It also gave them a complete solution for managing across
the three of the biggest cloud vendors
That last piece very likely made them an even more attractive target for a company like VMware, who apparently was looking for a solution to
buy that would help customers manage across a hybrid and multi-cloud environment.The company had been planning future expansion to manage
not just the public cloud, but also private clouds and data centers from one place, a strategy that should fit well with what VMware has
been trying to do in recent years to help companies manage a hybrid environment, regardless of where their virtual machines live.With
CloudHealth, VMware not only gets the multi-cloud management solution, it gains its 3000 customers which include Yelp, Dow Jones, Zendesk
and Pinterest.CloudHealth was founded in 2012 and has raised over $87 million
Its most recent round was a $46 million Series D in June 2017 led by Kleiner Perkins
Other lead investors across earlier rounds have included Sapphire Ventures, Scale Venture Partners and .406 Ventures.
