Newvem
Cloud Analytics
Company Overview
Snapshot
Founded in January 2010 by Cameron Peron and Ilan Naslavsky, Newvem operated with 11–50 employees. The company secured funding from 5 investors, including Greylock and Index Ventures, before being acquired by Datapipe in September 2013.
Business overview
Newvem provided cloud analytics solutions within the Business Software sector, focusing on IT, R&D, and Data Solutions. Its core offering, KnowYourCloud Analytics, was a free SaaS solution designed for Amazon AWS customers. This technology delivered a 360-degree view of cloud usage, analyzing AWS data to identify issues and anomalies. The platform provided actionable insights to address cost-efficiency, security, availability, and utilization challenges, serving DevOps, IT managers, and business managers in enterprise markets.
Strategic signal
In September 2013, Newvem was acquired by Datapipe, a managed services provider. This acquisition integrated Newvem's cloud analytics services directly into Datapipe's offerings, signaling a strategic expansion for Datapipe into cloud services and enhancing its platform for managing workloads on AWS. For investors, this demonstrated the strategic value of Newvem's technology in a rapidly growing segment of the IT infrastructure market.
Log in to access full profile ›Company Intelligence Q&A
- What is Newvem's primary business activity?
- Newvem specializes in cloud analytics, providing a SaaS solution called KnowYourCloud Analytics for Amazon AWS customers to monitor and optimize their cloud usage.
- When was Newvem founded and by whom?
- Newvem was founded in January 2010 by Cameron Peron and Ilan Naslavsky.
- What was a significant corporate event for Newvem?
- In September 2013, Newvem was acquired by Datapipe, a managed services provider, integrating its analytics services into Datapipe's cloud management platform.
- What problem did Newvem's technology address for its customers?
- Newvem's KnowYourCloud Analytics service collected and analyzed AWS usage data to reveal issues and anomalies, offering actionable insights to improve cost-efficiency, security, availability, and utilization for cloud deployments.