KISSmetrics Acquires SourceNinja
KISSmetrics is an analytics company that is acquiring SourceNinja. SourceNinja is a startup that helps companies manage security flaws in their open source libraries. KISSmetrics founder Hiten Shah will not be using SourceNinja’s technology, but they will be bringing on the two founders of the company on board at the company. This is KISSmetrics’ first acquisition.
Brett Hardin will become a senior web application engineer and Matt Stump will become an infrastructure engineer at KISSmetrics. SourceNinja was incubated at AngelPad. This is where Hiten Shah and his co-founder Neil Patel met the SourceNinja team.
“The SourceNinja team contacted us for a potential partnership and were exciting about utilizing their technology within the KISSmetrics product,” stated Shah in an interview with TechCrunch. “After a few conversations we decided it would make more sense to acquire them instead of just licensing the technology. … That technology can’t directly plugin to KISSmetrics, but, the experience Matt and Brett have gained from building the technology directly helps our use cases.”