StreamWeaver, Inc.
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StreamWeaver, Inc. - overview
Established
2005
Location
New York, NY, US
Primary Industry
Software
About
StreamWeaver, Inc. specializes in providing advanced operational solutions that enhance IT efficiency and facilitate seamless incident response through innovative technology and integration capabilities. Founded in 2005, StreamWeaver, Inc. operates out of New York, US, offering sophisticated operational tools.
The company was acquired by BMC Software, Inc. in October 2021, enhancing its capabilities through integration with BMC. The CEO of StreamWeaver is Clay Roach. StreamWeaver's core product is BMC Helix Operations Management with AIOps, designed to improve operational efficiency and incident response using advanced AI.
This platform automates root cause analysis and real-time event correlation, significantly reducing mean time to resolution (MTTR) by 75% and decreasing manual efforts by up to 30%. The solution serves a diverse clientele across industries such as healthcare, finance, and technology, including clients like Maccabi Health Services, and is available in markets across North America, Europe, and Asia. StreamWeaver generates revenue through software subscriptions, including BMC Helix Operations Management with AIOps. Clients enter annual or multi-year agreements to access the software, updates, and support services.
Revenue is structured around tiered subscription models, allowing clients to select plans based on operational needs and deployment scales, supported by an extensive partner network for implementation and integration. Following the acquisition by BMC Software, Inc. on October 1, 2021, StreamWeaver aims to leverage its integrations to enhance BMC's operational capabilities. The future growth strategy includes the development of new products to further streamline IT operations and plans to expand into emerging markets in Asia and Europe by 2023.
Recent funding from the acquisition will support these initiatives.
Current Investors
KKR, BMC Software, Inc., Mountain Group Partners
Primary Industry
Software
Sub Industries
Connectivity Software, Application Integration Software
Website
www.streamweaver.com
Verticals
Cloud Computing, Mobile Apps, Social Media
Company Stage
Add-on
Total Amount Raised
Subscriber access only
StreamWeaver, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | StreamWeaver, Inc. | - |
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