IBM purchases venture-backed StrongLoop
IBM announced on Thursday it has acquired San Mateo, Calif.-based StrongLoop, a provider of software to help developers connect enterprise applications to mobile, Internet of Things and Web applications in the cloud. Terms of the acquisition were not disclosed, but StrongLoop had raised $9 million in funding, including an $8 million Series A round of funding from Shasta Ventures and Ignition Partners in September 2013.
11 September 2015•1 min read
