Brex Acquires Weav for $50M

Francisco Partners to Acquire Weave Communications

August 18, 2026

Software

Francisco Partners agreed to acquire Weave Communications in an all-cash transaction valuing the company at approximately $650 million, or $7.40 per share—a premium of about 34% to Weave’s unaffected share price. The proposed take-private is expected to close in the fourth quarter of 2026, subject to stockholder and regulatory approvals; Weave plans to continue operating under its name from Lehi, Utah.

Andela Acquires Woven

January 23, 2026

Software

Andela has acquired Woven, a technical-assessment company that provides real-world engineering scenarios, structured scoring rubrics, and AI-enabled evaluation. The acquisition will accelerate Andela's assessments roadmap and improve its ability to identify and match AI-native engineering talent across its global marketplace.

Figma Acquires Weavy to Launch Figma Weave

October 31, 2025

AI & Machine Learning

Figma has acquired Weavy, a Tel Aviv–based AI-powered image and video generation startup, to create a new product line called Figma Weave. The ~20-person Weavy team will join Figma and continue operating independently in the near term as the company integrates Weavy’s generative media and editing capabilities into Figma’s design ecosystem; financial terms were not disclosed.

Weave Acquires TrueLark

May 19, 2025

Software

Weave (NYSE: WEAV) has completed the acquisition of TrueLark, an AI-powered virtual receptionist and front-desk automation platform headquartered in Palo Alto, California. TrueLark was a portfolio company of Elevate Capital; the deal strengthens Weave’s AI-powered front-office automation capabilities and accelerates its product roadmap for healthcare, beauty, and wellness customers.

CoreWeave Completes Acquisition of Weights & Biases

May 8, 2025

Cloud & SaaS

CoreWeave, an AI hyperscaler, completed its acquisition of Weights & Biases, an AI developer platform. The combined offering is intended to deliver an end-to-end AI cloud platform for developing, deploying, and iterating AI applications, with a focus on maintaining interoperability across deployments and infrastructure providers.

Weaveworks Acquires Magalix

January 26, 2022

Software

Weaveworks, the GitOps company, has acquired Magalix, a policy-as-code startup focused on Kubernetes/cloud-native security. The acquisition integrates Magalix's policy engine and runtime drift remediation into Weaveworks' GitOps platform to deliver embedded security and compliance across Kubernetes application delivery; financial terms were not disclosed.