NeoKarm

Flexible Multi-cloud Hybrid Platform

Business Software
Acquired (Inactive) by Zadara Storage on Feb 2021 - closed due to acquisition

Company Overview

Snapshot

Founded in January 2020 by Simon Grinberg, NeoKarm operated with 1–10 employees. The company was acquired by Zadara Storage in February 2021, marking a significant exit within its first year of operation.

Business overview

NeoKarm is a technology company specializing in cloud-enabled application development across various IT, managed service provider, and hosted environments. The company provides a suite of managed open-source services designed to accelerate application development for developers. Its platform also supports operators and DevOps professionals by streamlining operations and enhancing productivity. NeoKarm operates within the Business Software sector, focusing on software applications, web platforms, SaaS, DevOps, and enterprise solutions.

Strategic signal

The acquisition of NeoKarm by Zadara Storage in February 2021 signals a strategic move by Zadara to enhance its cloud offerings. This event highlights the market demand for flexible multi-cloud hybrid platforms and validates NeoKarm's technology and team as valuable assets in the evolving cloud infrastructure landscape. For investors, it indicates a successful early exit for a company addressing critical needs in DevOps and cloud application deployment.

Company Intelligence Q&A

What was the key strategic event for NeoKarm in early 2021?
In February 2021, NeoKarm was acquired by Zadara Storage. This acquisition marked a significant milestone for the company shortly after its founding.
Who founded NeoKarm?
NeoKarm was founded by Simon Grinberg in January 2020.
What core problem does NeoKarm's platform address?
NeoKarm facilitates a cloud-enabled approach to building applications across diverse IT, managed service provider, and hosted environments, aiming to simplify operations and boost productivity for developers and DevOps professionals.
What kind of services does NeoKarm offer?
NeoKarm offers a robust suite of managed open-source services designed to enable developers to build applications rapidly, built on a platform that supports operators and DevOps professionals.
In which sector does NeoKarm primarily operate?
NeoKarm's primary sector is Business Software, with a focus on areas like software applications, web platforms, SaaS, DevOps, and enterprise solutions.

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