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Proven Optics completes acquisition of CloudGenera to enhance IT financial management capabilities

PRIVATEAug 12, 2024

Acquiring Company

Proven Optics

Acquired Company

CloudGenera

ColumbusInformation TechnologySoftwareInformation TechnologySoftwareAnalyticsCloud Infrastructure

Description

Proven Optics, a premier IT Financial Management Solution provider, has announced the acquisition of CloudGenera, a provider of innovative cloud financial optimization solutions. This acquisition marks a significant milestone for Proven Optics as it expands its cloud costing product capabilities and creates the industry’s most complete IT financial management application platform.

Quick answer

Proven Optics is acquiring CloudGenera, announced August 12, 2024. Proven Optics is based in Columbus, Ohio, United States.

How much did Proven Optics pay for CloudGenera?
The deal value was not disclosed.
What does Proven Optics do?
Proven Optics is the leader in IT Financial Management, with SaaS applications built to automate budgeting, cost modeling, and cost recovery for public and private sector organizations.
Where are Proven Optics and CloudGenera based?
Proven Optics is based in Columbus, Ohio, United States.
Who are the decision-makers at Proven Optics?
Fundz holds 1 contact at Proven Optics. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Proven Optics

Location

Columbus, Ohio, United States

About

Proven Optics is the leader in IT Financial Management, with SaaS applications built to automate budgeting, cost modeling, and cost recovery for public and private sector organizations. Backed by ServiceNow Ventures, Proven Optics is a two-time Americas App Development Platform Partner of the Year in the NOW ecosystem. With 30-plus years of combined practitioner experience, our team is passionate about helping IT reimagine its financial processes and tell a stronger value story.

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Frequently asked

Who acquired CloudGenera?

CloudGenera was acquired by Proven Optics, based in Columbus. The deal was reported on August 12, 2024. Proven Optics is the leader in IT Financial Management, with SaaS applications built to automate budgeting, cost modeling, and cost recovery for public and private sector organizations. Proven Optics is privately held and operates in Information Technology.

When did Proven Optics acquire CloudGenera?

Proven Optics's acquisition of CloudGenera was reported on August 12, 2024. Proven Optics, a premier IT Financial Management Solution provider, has announced the acquisition of CloudGenera, a provider of innovative cloud financial optimization solutions. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does CloudGenera do?

CloudGenera analytics deliver one solution to discover what you're doing today, decide the best path forward, and do more with accurate recommendations to optimize the business. It is privately held, operating in Information Technology.

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