UPDATED 08:30 EST / JUNE 22 2020

CLOUD

ServiceNow to acquire configuration data management startup Sweagle

ServiceNow Inc. today said it has agreed to acquire configuration data management startup Sweagle NV for an undisclosed price.

Founded in Belgium in 2017 with offices in Brussels, Paris, London and New York City, Sweagle offers configuration data management on a software-as-a-service basis. The company’s platform allows users to manage their configuration data — settings, parameters, security information and more — from a single control panel, allowing those in DevOps and information technology operations to manage that data across the enterprise.

Sweagle’s platform leverages machine learning to assist in preventing misconfigurations that may cause outages in products while also speeding up remediation when problems occur. The platform is designed to offer a “single source of truth” for configuration data that is otherwise spread across many tools.

For ServiceNow, Sweagle deliverers the ability for customers to identify and intercept application and infrastructure inconsistencies during agile development cycles. Sweagle’s software will be integrated into ServiceNow’s Service Graph roadmap by managing configuration data for public and private cloud environments and modern application architectures including microservices, containers and serverless computing.

“With capabilities for configuration data management from Sweagle, we will empower DevOps teams to deliver application and infrastructure changes more rapidly while reducing risk,” RJ Jainendra, vice president and general manager of DevOps and IT Business Management at ServiceNow, said in a statement. “Sweagle also brings deep DevOps talent to ServiceNow.”

The acquisition of Sweagle is ServiceNow’s 17th acquisition. Its most recent acquisitions were chatbot development firm Passage AI announced Jan. 28, AIOps startup Loom Systems Ltd. on Jan. 22 and business continuity management company Fairchild Resiliency Systems Inc. in November.

Sweagle had raised $3.12 million in venture capital funding, according to Pitchbook. XAnge Private Equity is listed as an investor. The acquisition is expected to be completed at the beginning of the third quarter.

Image: Sweagle

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