The deal enhances CenturyLink's platform with a new database-as-a-service (DBaaS) capabilities and adds Orchestrate's technology to the company's product development and technology organization. Financial terms of the deal were not disclosed, but a source familiar with the matter confirmed the deal and estimated that CenturyLink paid between $10 million and $12 million for the startup.
Founded in 2013 and based in Portland, Oregon, Orchestrate is a startup that provides a variety of NoSQL databases as a service through a single API (application programming interface). It offers an API that supports whole-text search, graph, time series, key value, and geospatial queries (the types of queries necessary for building modern IoT, mobile, or connected-web applications). Its customers include Cloudability, Evident.io, and Rovio.
Glen F. Post, III, CEO and president CenturyLink, said in a statement that: "CenturyLink's customers, like most enterprises, are expressing interest in solutions that help them meet the performance, scalability and agile development needs of large-scale big data analytics," and added that: "The Orchestrate database service's ease of use and ability to support multiple database technologies have emerged as key differentiators that we are eager to offer our customers through the CenturyLink Cloud platform."
"As demand increases for mobile, real-time and Internet of things applications, companies need scalable, flexible databases. In many cases, they need more than one database to provide the social, mapping and messaging features users expect. Orchestrate provides multiple flavors of managed NoSQL databases to save organizations the headaches of running their own instances. Orchestrate provides full-text search, time series, graph and key-value storage through a single API that combines the developer-friendliness and ease of use of NoSQL databases with the reliability of distributed databases," CenturyLink said.
The deal will add some new talent to CenturyLink cloud computing team, Orchestrate co-founders Antony Falco, chief executive officer, and Ian Plosker, chief technology officer, as well as Dave Smith, vice president of engineering, are joining CenturyLink.
In May 2013, Orchestrate announced a $ 3 million seed round, its investors include True Venture, Epic Ventures, Frontline Venture, and Resonant Ventures Partners.
CenturyLink has been working hard to bolster its cloud computing capabilities. In December 2014, it acquired Cognilytics, a leading provider of advanced predictive analytics and big data solutions. Also in December 2014, it bought Alberta-based DataGardens, a disaster recovery-as-a-service (DRaaS) provider. The purchase also gave the company a disaster recovery capabilities for its CenturyLink Cloud ecosystem.
About CenturyLink
CenturyLink is the third largest telecommunications company in the United States and is recognized as a leader in the network services market by technology industry analyst firms. The company is a global leader in cloud infrastructure and hosted IT solutions for enterprise customers. CenturyLink provides data, voice and managed services in local, national and select international markets through its high-quality advanced fiber optic network and multiple data centers for businesses and consumers. The company also offers advanced entertainment services under the CenturyLink® Prism™ TV and DIRECTV brands. Headquartered in Monroe, La., CenturyLink is an S&P 500 company and is included among the Fortune 500 list of America's largest corporations.
Image Credit: Data Center Knowledge
CenturyLink Acquires Orchestrate To Boost Cloud Computing Portfolio
Reviewed by Erwin Castro
on
April 24, 2015
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Reviewed by Erwin Castro
on
April 24, 2015
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