Scaleworks, a Texas privileged equity firm focusing on software start-ups, has acquired Keen IO, a start-up with matter analytics software aimed at developers. Terms of the deal, which become manifested earlier this week, weren’t disclosed.
Keen IO raised practically $30 million in venture capital, and in 2014 prominent firm Sequoia Finances led an $11.3 million funding round for the start-up.
Kyle Wild, the start-up’s cofounder and CEO, has communistic, as has COO Will O’Brien. Scaleworks, whose first fund totaled $60 million, at ones desire provide Keen IO with finance, recruiting, and communications resources, broad partner Ed Byrne told CNBC. Some other Scaleworks parties use Keen’s service, Byrne said.
Keen IO was founded in 2011 and is stationed in San Francisco. Customers include Adobe, InterContinental Hotels Group and Pandora. Competitions include Google Analytics, Kissmetrics and Mixpanel.