Albany Business Review | May 19, 2016

Apprenda acquires San Francisco startup

Apprenda has acquired Kismatic, a startup out of San Francisco that gives the Troy, New York, software company a new presence on the West Coast.

It is Apprenda’s first acquisition.

As part of the deal, the terms of which were undisclosed, Kismatic CEO Patrick Reilly will join Apprenda as its corporate chief technology officer.

The acquisition is all about Kubernetes, an open-source platform developed by Google (NASDAQ: GOOG). Apprenda joined Google’s Kubernetes community earlier this year. Kismatic offers a commercial distribution of Kubernetes that will bring Apprenda additional revenue.

Kismatic has raised an undisclosed amount of venture capital funding, thoughaccording to Fortune, it’s somewhere in the “seven figures.” It is not clear how many employees the startup has.

Apprenda has been on a hiring spree after closing its latest investment round of $24 million last year. This latest acquisition will give Apprenda an office on the West Coast.

The company builds a software platform that allows its customers, including those in finance and pharmaceuticals, to build and deploy computer applications. Clients include Boeing, JPMorgan Chase and McKesson.

CEO Sinclair Schuller started the company in 2007 with co-founders Matt Ammerman and Abraham Sultan to solve problems they were facing as software engineers early in their careers.

Since then, the company has raised $56 million in venture capital investments. The most recent investment has allowed Apprenda to expand to 120 employees in Troy and New York City.

Apprenda also has offices overseas in Amsterdam, London and Munich.