Red Hat Acquires Israeli Cloud Management Startup NooBaa
NooBaa develops software for managing data storage services across hybrid and multicloud environments
For daily updates, subscribe to our newsletter by clicking here.Founded in 2013 by former Dell employees, Noobaa develops software for managing data storage services across hybrid and multicloud environments. The company offers a data platform that serves as an abstraction layer over existing storage infrastructure, enabling intercloud data portability and allowing users to manage data stored in multiple locations as a single, coherent data set. The company previously raised $5 million from investors including Jerusalem Venture Partners (JVP), Jerusalem-based equity crowdfunding company OurCrowd Ltd., and Hawaii-based AKAMAI Capital.
NooBaa's technology will be added to Red Hat's existing portfolio of hybrid cloud offerings, Red Hat said.
NooBaa, which employs 10 people in Tel Aviv, will continue its current operations under the new management, co-founder Yuval Dimnik told Calcalist in an interview Tuesday.