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Microsoft buys second Israeli startup in a month

Microsoft announced the purchase of Israeli start-up company Cloudyn for $ 50 million.

Created 6 years ago, the company has developed a technology of monitoring the use of «cloud» storage of information by corporations with the aim of increasing efficiency and reducing costs.

The founders of the company – Sharon Wagner, Boris Goldenberg and Vitaly camp. Since inception, the company has raised from investors $ 22 million. The company’s headquarters in Rosh Ayin. Also has offices in new York and Boston.

This is the second purchase of Microsoft in Israel over the past month. Three weeks ago, the Corporation acquired a startup Hexadite. Then the sum of transaction was not stated, but estimated at $ 90 million.

Microsoft buys second Israeli startup in a month 30.06.2017

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