Google has announced today that it is going to acquire Alooma, which is a data migration platform on the cloud. Alooma enables enterprises to seamlessly combine all their data sources and integrate them into services such as Google’s BigQuery, Microsoft’s Azure, Snowflake and Amazon’s Redshift.
Alooma’s promising feature is that it manages all the data streams of big enterprises and manages them seamlessly for its users. Alooma also helps its users to migrate their data to the cloud, besides providing this data integration platform. Once migrating to the cloud, Alooma can then clean up this data and then utilize the vital parts of this data to further enhance their AI and machine learning capabilities.
Google’s VP, Amit Ganesh comments that Google Cloud is committed to helping its customers to migrate their data easily to their cloud platform. Dominic Preuss, who is the Google Cloud Platform director of product management also stated that their acquisition of Alooma goes with their company’s goals and intentions as Alooma is a natural fit to Google Cloud’s platform as it helps their company to offer their customers a more streamlined service of an automated migrated user experience to the cloud.
Alooma will also enable Google to have access to a full range of database services such as the better management of their open database source offerings and other services such as Cloud Bigtable and Cloud Spanner.
Before this new development, Alooma managed to raise $15 million in their last Series A round of funding. This Series A round also included an $11.2 million investment by Lightspeed Venture Partners and Sequoia Capital, at the beginning of 2016.
Neither Google, nor Alooma has yet publicly announced the details behind their deal, but industry insiders believe that the price of the acquisition at best could be a modest price, judging by how much Alooma had been able to raise in the past.
Both the companies also did not disclose any detail about their existing services or products, or what might happen to them once the deal goes through. Alooma has not yet come with a statement about whether they will support data migration to other platforms, which are competitors to Google.
Google is very protective about their services and their platforms, and so it might prevent Alooma to allow migration to other cloud provides. This will prompt Alooma’s clients who use Microsoft’s Azure or Amazon’s Redshift to look for another data migration provider, once the acquisition of Alooma by Google gets approved.
Google is also not likely to develop the services of Alooma beyond its current state. Alooma’s co-founders still believe that Alooma’s journey is not over and that the company will still carry on delivering a smooth and straight forward path to companies and enable them an efficient path towards migrating their data to the cloud. The Google buyout will also enable Alooma to deliver a full self-service data migration experience. Alooma can now leverage the reach and technological expertise of Google to deliver a completely automated migration experience to its customers.