Ascendx Add to ISV Portfolio With CapStorm Purchase : Tom M
by: Tom M
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**Summary of Ascendx's Acquisition of CapStorm** Ascendx has acquired CapStorm, a leading Salesforce data management platform, to enhance its enterprise data management capabilities. This acquisition allows Ascendx to help customers better utilize their Salesforce data by improving data access and verification outside the platform. Founded in 2011, CapStorm is known for its comprehensive solutions that enable users to manage and control their Salesforce data effectively. It processes billions of records daily and serves diverse sectors, including healthcare, banking, and public services. CapStorm’s CEO, Ted Pappas, views this acquisition as a crucial step towards growth and innovation. Ascendx aims to support independent software vendors (ISVs) like CapStorm by providing the resources they need to grow. Ascendx’s CEO, Ufuk Civilo, emphasizes their goal of helping ISV founders scale quickly. The addition of CapStorm is part of Ascendx’s strategy to strengthen its portfolio and penetrate the lucrative Salesforce backup and security market. This partnership is seen as a significant opportunity for Salesforce users, as it promises more control and flexibility over their data management. **Key Details:** - **Acquirer:** Ascendx - **Acquired Company:** CapStorm - **Focus:** Salesforce data management - **Founded:** 2011 - **Key Services:** Data access, backup, and verification - **Industries Served:** Healthcare, finance, public sector - **Future Plans:** Enhance capabilities in Salesforce data management **Context and Additional Information:** The acquisition highlights a growing trend in the tech industry where companies seek to expand their capabilities through strategic partnerships and acquisitions, especially in areas with high demand, like data management and security. **SEO Hashtags:** #Ascendx #CapStorm #Salesforce #DataManagement #ISV #TechAcquisition #BusinessGrowth #SalesforceBackup #DataSecurity #CloudComputing
Ascendx have announced the acquisition of Salesforce data management platform, CapStorm.
Building on an already impressive ISV portfolio, Ascendx’s purchase now expands its capabilities in enterprise data management to help customers maximize their Salesforce investments through stronger data access and verification of data off-platform.
“A New Exciting Chapter for CapStorm”
Since its founding in 2011, Capstorm has established itself as one of the most reputable and advanced Salesforce data management platforms on the market.
Capstorm’s main focus is on “serving” the Salesforce community, allowing customers to gain autonomous use and control of their data in their Salesforce environments for all off-platform use cases.
Specializing in areas such as schema resilience and data/metadata segmentation and restore, CapStorm handles billions of records per day, working to help manage information from all industry types – from Healthcare Life Sciences and global banks to federal agencies and the public sector.
Ted Pappas, CEO of CapStorm, marks this as a vital next step for his company, saying: “Joining Ascendx marks an exciting new chapter for CapStorm. With Ascendx’s deep industry expertise and mature go-to-market functions, we are poised for meteoric growth.
“I will continue our mission, with laser focus, for a shared commitment to create a future where every business maximizes the value of their Salesforce data.”
Ascendx’s Growing Portfolio
While CapStorm is successful in its own right, it can be hard to foster a successful ISV in the long run due to rising costs, and a lack of resources and funding in the market.
This is where Ascendx comes in. As an ISV partnership company, Ascendx focuses on acquiring skilled companies in the ecosystem to help nurture their growth and meet their business goals in the long term.
Ufuk Civilo, AscendX’s Co-Founder and CEO, said: “We want to help ISV founders scale up fast. We leverage our ecosystem expertise to help our portfolio companies outgrow their peers. We keep the founders on board, helping them along the way.”
With some notable apps already in their portfolio, including Ortoo and Eposly, CapStorm is joining a strong group of ISVs. However, CapStorm in particular highlights Ascendx’s ambition to venture into offering new capabilities in their portfolio, expanding into the high-demand Salesforce backup and security market.
Ufuk said: “CapStorm’s innovative approach to Salesforce data management is a game-changer for our customers looking to unlock greater flexibility and value from their data.”
Final Thoughts
Ascendx’s latest move with CapStorm is a big win for Salesforce users who want more access and control of their data and metadata off-platform.
It’ll be exciting to see how this partnership disrupts the market. Make sure to leave your thoughts in the comments!
The post Ascendx Add to ISV Portfolio With CapStorm Purchase appeared first on Salesforce Ben.
March 11, 2025 at 08:30PM
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