Alooma helps enterprise companies streamline database migration in the cloud with an innovative data pipeline tool that enables them to move their data from multiple sources to a single data warehouse.
The acquisition is seen as part of Google’s plans to ramp up initiatives to compete with Amazon and Microsoft in the cloud space.
Google did not disclose the price of the acquisition, but it is assumed that the deal with come with a modest price, given the investments Alooma had previously raised.
Alooma had raised about $15 million from investors like Lightspeed Venture Partners and Sequioa Capital, according to TechCrunch
The addition of Alooma and Google’s plans
Google Cloud Vice President of Engineering Amit Ganesh and Platform Director of Product Management Dominic Preuss wrote in a blog, “Here at Google Cloud, we’re committed to helping enterprise customers easily and securely migrate their data to our platform. The addition of Alooma, subject to closing conditions, is a natural fit that allows us to offer customers a streamlined, automated migration experience to Google Cloud, and give them access to our full range of database services, from managed open source database offerings to solutions like Cloud Spanner and Cloud Bigtable.”
They stressed that the acquisition will also allow customers to take advantage of all the Google technologies, including analytics, security, AI and machine learning.
“One of the things we’re most excited about with Alooma is the deep expertise for both enterprise and open source databases that their team brings to Google Cloud, which will be critical in helping us build out additional migration capabilities within Google Cloud Platform. We’re also looking forward to adding to our growing Google Cloud footprint in Israel, which includes the Velostrata team we added last summer,” they added.