New Relic Buys Ducksboard for Integrated Business Metrics Dashboards
New Relic has acquired Ducksboard to leverage its integrated dashboards for business metrics. The financial terms of the deal were not publicly disclosed.
Diego Mariño, Jan Urbański and Aitor Guevara founded Ducksboard, a provider of a real-time dashboard that helps users visualize and monitor their data in a single platform, in 2011. It’s backed by Spanish early-stage venture capital fund Kibo Ventures and several other angel investors.
Headquartered in San Francisco, the SaaS-based software analytics platform provider on Thursday said the addition of Ducksboard will complement its vision for software analytics by expanding the sources of data available to its customers via the New Relic Software Analytics data cloud.
“Ducksboard has already done the hard work of bringing in data from 65 data sources that can be shown alongside New Relic data,” said Lew Cirne, founder and CEO of New Relic, in a company blog post.
New Relic Product Senior Vice President Jim Gochee told Talkin’ Cloud in an interview that the acquisition will “enhance New Relic’s capabilities in data visualization, and will provide New Relic with an expanded ability to integrate business-oriented data coming from a variety of leading SaaS application sources.”
“Adding the product and technical expertise will accelerate and accentuate New Relic’s focus on providing a real-time software analytics data cloud for the enterprise — collecting, storing, and analyzing data ranging from technical APM data for developers and IT operations to real-time business analytics data from custom and packaged applications for business owners,” he said.
Gochee wouldn’t comment on if New Relic was looking at other companies to acquire prior to making its decision on Ducksboard. He also wouldn’t disclose the company’s M&A strategy going forward.
New Relic said it will continue offering the current version of the Ducksboard product and will announce new and expanded capabilities as they become available.
Ducksboard’s executives will be staying with the company after the acquisition is complete. Additionally, Ducksboard’s founders will become part of New Relic’s product management and product engineering organizations.
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