Flexera Acquires ProsperOps and Chaos Genius

H.I.G. Growth Partners Invests $72M in ProsperOps

February 23, 2023

Cloud & SaaS

H.I.G. Growth Partners led a $72 million growth investment in ProsperOps, an autonomous cloud cost optimization (FinOps) platform. The capital will be used to scale ProsperOps' platform, engineering and go-to-market teams and expand beyond AWS to additional cloud providers.

Flexera Acquires Spot FinOps Business from NetApp

March 3, 2025

Cloud & SaaS

Flexera has completed the acquisition of the Spot FinOps business from NetApp, bringing products including Spot Eco, Spot Ocean, Elastigroup and CloudCheckr into its FinOps and cloud management portfolio. The deal expands Flexera’s cloud cost‑management and Kubernetes/container cost capabilities, strengthens its MSP partner ecosystem, and allows Spot’s product lines to scale within Flexera’s platform.

Flexera Acquires Snow Software

February 15, 2024

Software

Flexera has completed the acquisition of Snow Software, combining Flexera's technology value optimization platform with Snow's software asset management and SaaS/FinOps capabilities to provide broader visibility and cost controls across hybrid IT environments. The deal brings together complementary product portfolios and domain expertise to expand capabilities for ITAM, SaaS management and FinOps for enterprise customers worldwide.

Chaos Acquires EvolveLAB

February 19, 2025

Software

Chaos has acquired EvolveLAB, a Boulder-based developer of AI software for AEC professionals (products include Veras, Glyph, Morphis and Helix). The acquisition brings EvolveLAB's generative-design, BIM automation and AI documentation tools into Chaos' design-to-visualization ecosystem and adds the EvolveLAB team to Chaos' product organization.

CloudKeeper Acquires WiseOps

August 17, 2024

Cloud & SaaS

CloudKeeper has acquired WiseOps, a startup that provides AI-driven AWS cost and usage optimization, in a deal completed with a mix of equity and cash. The acquisition will integrate WiseOps' optimization platform and expertise into CloudKeeper's cloud cost optimization ecosystem to broaden capabilities and improve cost-savings for clients.

Proven Optics Acquires CloudGenera

August 12, 2024

Cloud & SaaS

Proven Optics, a ServiceNow-based IT financial management software company backed by Silversmith Capital Partners and with strategic investment from ServiceNow, has acquired CloudGenera, a vendor-agnostic cloud financial optimization and analytics provider. The acquisition is an add-on to expand Proven Optics’ cloud costing and IT decision-analysis capabilities and integrate CloudGenera’s AI-driven cloud forecasting and migration recommendation technology into Proven Optics’ platform.