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FireHydrant is a startup in NYC that was launched in 2019. On Wednesday, it announced that it had acquired a former competitor, Blameless . The companies did not disclose the purchase price.
Both companies help SREs, or site reliability engineers, with the difficult task of keeping websites and software running. They help SRE teams resolve issues when they arise. They help SRE teams conduct a post-mortem to determine what happened and what procedures to put in place in order to prevent similar incidents in the future.
Robert Ross, the CEO and founder of FireHydrant, says that the company has expanded its capabilities in the last few years. This includes incident detection and suppression as well as prevention. The goal is to create a platform. Signals, a tool that alerts IT personnel to incidents, competes with PagerDuty, was added earlier this year.
The acquisition of Blameless provides the company with additional functionality it didn’t previously have. It also gives them a list enterprise customers, including CrowdStrike. You may have heard that this company had a serious incident in the past month. Palo Alto Networks and VMware are also customers.
Ross told TechCrunch that “we have been building this platform, adding all the components which really, truly gives us end-toend incident management and Blameless has had a few pieces that have always been on our roadmap such as enterprise grade integrations with companies such as ServiceNow.”
FireHydrant was motivated to join forces with Blameless because of the deep integration between Microsoft Teams and ServiceNow. The two CEOs started talking about a potential deal in February, just after FireHydrant launched Signals. They worked together for several months to come up with an agreement that was acceptable to all stakeholders.
He said, “The opportunity came up very uniquely. It was exciting. We had to work hard to make it exciting for both our investors and their investors, as well as for the combined team.”
The company will leave Blameless alone for the short-term, but once it has integrated all of the functionality into FireHydrant by the middle next year, it will discontinue the brand. Over the next year, Blameless users will become FireHydrant users. The two companies have worked together to inform customers of the transition.
According to Crunchbase , Blameless was founded by Crunchbase in 2017 and has raised $50 million since then.
FireHydrant raised over $30 million according to Crunchbase. However, the company indicated it received an undisclosed additional amount of funding when it acquired Blameless. This, along with the increased revenues from the Blameless client base, should give it years of runway.
The deal is closed, and Blameless’ employees who were part of the deal joined FireHydrant in this week. According to the terms of this deal, Blameless directors Vas Natarajan and Dan Moskowitz of Accel and Third Point Ventures joined FireHydrant’s board of director.