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Streamdata.io Acquired by Axway

Data insights company Streamdata.io has been acquired by Axway Software in a deal this week. The France-based startup sold for an undisclosed amount.

Vince Padua, Chief Technology and Innovation Officer at Axway, said that the company made the purchase to “enable [its] customers and partners with a prescriptive journey toward digital transformation and hybrid integration” and to “advance [its] strategy in enabling businesses to accelerate their IT and digital transformation.”

Streamdata.io’s event-driven API management will boost Axway’s AMPLIFY integration platform. Streamdata.io brings two assets to the table– its event-driven API management that helps support real-time and event-driven use cases, and its digital transformation methodology designed around API adoption and maturity. Streamdata.io’s offerings, on the other hand, will benefit from Axway’s 11,000 customers across 100 countries.

“Axway and Streamdata.io share a passion for data. In joining Axway, we can help our customers stay ahead of the digital transformation curve by securely enabling real-time data,” said Streamdata.io CEO Eric Horesnyi. “We look forward to jointly paving the way for one of the most innovative hybrid integration platforms on the market.”

Founded in 2008, Streamdata.io had raised $12.2 million before today’s acquisition. At FinDEVr London 2017, Horesnyi showed how developers can leverage Streamdata.io to code real-time mobile trading in less than 15 minutes with any API. Last June, the company unveiled its API Gallery featuring more than 360 different entities with 14,400+ API paths spanning 420 topics.