FireHydrant, a reliability platform across the entire incident response lifecycle, announced today that it has closed on a transaction to buy Blameless. This acquisition accelerates FireHydrant’s growth into the enterprise segment for incident management.
Blameless has proven its leadership in incident management. Through this deal, FireHydrant solidifies its position as a proven end-to-end platform for alerting, incident management, and communications. Integrating Blameless’ enterprise capabilities will empower FireHydrant’s platform for the growing number of businesses, treating reliability as a core business metric.
FireHydrant has been expanding its platform to support the world’s largest businesses better. And the company launched Signals, a sophisticated alerting and on-call tool that sends thousands of notifications daily. Plus, the company has experienced a significant increase in cross-sells as customers actively consolidate their incident toolchain.
As a part of this deal, FireHydrant has secured additional funding, providing the company with a robust financial foundation to execute its long-term growth strategy. And the company plans to utilize this new funding to develop key strategic features to enhance its product offerings, recruit top engineering talent with a strong product focus, and integrate its platform with highly requested third-party tools.
Blameless board members Vas Natarajan from Accel and Dan Moskowitz from Third Point Ventures joined FireHydrant’s board of directors as a part of the acquisition.
KEY QUOTES:
“At FireHydrant, our focus is on delivering next-generation incident management functionality, and Blameless shares that mission with us. This acquisition galvanizes us to penetrate the enterprise segment that the legacy providers have held uncontested for years.”
– Robert Ross, CEO of FireHydrant
“We’re so excited to bring Firehydrant and Blameless together in this unified mission to bring enterprise-grade reliability tools to enterprises everywhere. This is one of those rare situations where the two companies are clearly stronger as a combination. I look forward to working with Robert and our board to advance the mission of a more reliable web.”
– Vas Natarajan
