Company Overview
Snapshot
Founded in January 2010 by Cameron Peron and Ilan Naslavsky, Newvem operated with 11–50 employees. The company raised $4M across one funding round from 5 investors. Newvem was acquired by Datapipe in September 2013.
Business overview
Newvem provided cloud analytics solutions, specifically its KnowYourCloud Analytics, a free SaaS offering for Amazon AWS customers. This service delivered a 360-degree view of cloud usage by collecting and analyzing AWS data to identify issues and anomalies. Newvem offered actionable insights to improve cost-efficiency, security, availability, and utilization, serving DevOps, IT managers, and business managers in the Business Software sector.
Strategic signal
The acquisition of Newvem by Datapipe in September 2013 signaled a strategic move by Datapipe to enhance its cloud management and analytics capabilities. This event demonstrated the increasing value placed on specialized cloud optimization tools within the IT services industry, indicating a market trend towards integrating advanced analytics for more efficient and secure cloud deployments.
Company Intelligence Q&A
- When was Newvem founded?
- Newvem was founded in January 2010.
- Who were the founders of Newvem?
- Newvem was founded by Cameron Peron and Ilan Naslavsky.
- What was the total capital raised by Newvem?
- Newvem raised a total of $4M in funding.
- When and by whom was Newvem acquired?
- Newvem was acquired by Datapipe in September 2013.