Seven10 absorbed by Congruity360

Congruity360, a data governance and classification software player founded in 2016, just announced the acquisition of Seven10 Software, a company well established and recognized by professionals in the data migration for high-end storage systems for almost 2 decades.

This is bargain for Congruity360 who plans to expand its product line with Storfirst7, renamed Storfirst360, to maximize the installed base effect. The current solution set includes 3 products Classify360, Hold360 and Discover360.

Bobby Moulton, founder of Seven10, is not listed as joining the company and currently is acting as consultant. This is a surprise as we thought Seven10 is strong enough after almost 2 decade of business to survive this pandemic, it seems that the reality precipitated difficulties. At the same time, Covid offers also opportunities and such exit could have been in the plan for a few years now.

Now this unstructured data management market segment - Congruity360 plays also in the structured data space - is super hot with at least 20 players and we'll see how Congruity360 will compete against Komprise, Commvault, Cohesity, Data Dynamics, Point Software and Systems, StrongBox Data Solutions, Hammerspace or Nodeum.