StackIQ Bought by Teradata for Undisclosed SumThursday, July 13, 2017
Publicly traded Teradata Corp., which has a large campus in Rancho Bernardo, has acquired Solana Beach startup StackIQ. Terms of the deal were not disclosed, nor was the number StackIQ employees that made the jump to Teradata.
Teradata (NYSE: TDC), which has its home office in Dayton, Ohio, made the announcement on July 13. Prior to the sale, Teradata was a technology partner for the company.
StackIQ makes Linux-based software that helps enterprise-scale computer operators manage large infrastructures. Specifically, it automates and accelerates software deployment across large clusters of servers. StackIQ’s software incorporates code developed by the Rocks Cluster Group at the San Diego Supercomputer Center on the UC San Diego campus.
The startup pulled in $6 million in series B funding in 2014. Investors were Anthem Venture Partners, Avalon Ventures, DLA Piper, Grayhawk Capital, Keshif Ventures and OurCrowd.
StackIQ’s customer base includes Dow Chemical, General Atomics, Lockheed Martin, NASA, Pratt & Whitney, Procter & Gamble, the U.S. Navy’s Space and Naval Warfare Systems Command (aka SPAWAR) and Verizon.