Microsoft has bought big data access control software developer BlueTalon, which had raised approximately $26m from investors including Stanford-StartX Fund.
Computer software and technology supplier Microsoft on Monday purchased data management software developer BlueTalon for an undisclosed sum, providing exits to investors including Stanford-StartX Fund.
Details of the transaction were not provided. Stanford-StartX Fund is backed by Stanford University and acts as the investment arm of its affiliate accelerator, StartX.
Founded in 2013, BlueTalon markets a product called BlueTalon Policy Engine that lets enterprises manage and audit user access to information held within big data-driven platforms such as Hadoop, Spark and Cassandra.
BlueTalon’s team will move across to join Microsoft’s Azure Data Governance unit with the acquisition, lending their expertise to improve the data governance capabilities of the Microsoft Azure cloud computing platform.
BlueTalon closed its last round in 2016 – a series A sized at above $16m led by Maverick Ventures and backed by Stanford-StartX Fund and Bloomberg Beta, the strategic investment unit of media firm Bloomberg.
Arsenal Venture Partners, Signia Venture Partners, Data Collective (DCVC) and Divergent Ventures also supplied series A capital, which followed a $5m round for BlueTalon the previous year backed by Stanford-StartX Fund, Bloomberg Beta, Divergent Ventures, Berggruen Holdings, DCVC, Biosys Capital and Signia Venture Partners.
BlueTalon also obtained $1.5m in a DCVC-backed seed round in early 2014, before later adding $3.4m from unnamed investors the following July.