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Scaleworks announces pre-holiday surprise with Keen IO acquisition

Scaleworks announces pre-holiday surprise with Keen IO acquisition
From TechCrunch - December 23, 2017

Scaleworks, a private equity firm based in San Antonio, Texas, apparently couldnt wait until after the holidays to share the news of its latest purchase. The firm announced it was acquiringKeen IO in a Medium blog post yesterday.

Terms of the deal were not disclosed, and neither company was available for comment beyond the blog post, but Keen has raised close to $30 million since it was founded in 2011.

Keen IO makes tools for developers to create customized analytics dashboards. Scaleworks general partner Ed Byrne, who penned the blog post announcement, described the company in these terms:

Keen.io, launched in 2011, set out to let developers create a custom analytics back-end. It lets companies easily build and embed all sorts of analytics for teams and customers and often powers the dashboards in your favorite SaaS tools, he wrote.

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