Griddable.io swallowed by Salesforce

Started in 2016 by Rajeev Bharadhwaj to provide data integration across hybrid clouds, Griddable.io got acquired by Salesforce very recently, it was announced January 28, 2019. Robin Purohit, CEO of the company, is already elsewhere leading Peritus.IA. Under his tenure, Griddable.io raised a Series A of $8M in February 2018 and finally concluded this sale.

Griddable.io is a SaaS platform designed for synchronized data integration across different databases. Rajeev leveraged Databus, an open source project launched at LinkedIn, as the foundational technology for Griddable.io.

As enterprises adopt aggressively the cloud with a wish to maintain a hybrid model, having the capability to synchronize data between cloud and on-premise for different databases and applications is just critical. Griddable.io creates a smart grid for enterprise data and Salesforce has recognized this need as a key wish from its clients. And with the Salesforce migration from Oracle to other database, it makes sense. As a SaaS solution, the solution runs on AWS, GCP and VMware cloud. The product uses a scale-out grid architecture with a policy engine to provide a mechanism to synchronize transactions with sub-second latency with the guarantee of the order of transactions. We'll see if Salesforce will offer this as standalone product or use it internally or even both.

Rajeev was the founder of Ejasent in 1999, pretty famous for UpScale and MicroMeasure, acquired by VERITAS Software for $59M in cash in 2004. At that time, Ejasent was led by a champion of the sale of companies Jason Donahue. Just check where he's today and you know the future of the company he leads. That acquisition by VERITAS help the company to promote its Utility Computing model that anticipated the Cloud.