Dallas-based Aristos Ventures’ portfolio company acquired by VMware

Wednesday, VMware announced its acquisition of Seattle-based CloudCoreo, a portfolio company of Dallas-based venture capitalist Aristos Ventures, just 20 months after CloudCoreo’s launch.

“VMware [is] integrating CloudCoreo and bringing our team on board in order to continue our vision, expand our charter, and accelerate everything we believe in,” wrote Jason Needham, CMO and Co-founder of CloudCoreo, in a blog post on Wednesday. “Business as usual, just bigger and faster.”

Financial details of the agreement were not disclosed.

CloudCoreo presents new technology that will allow VMware’s users to better understand their security risks in the public cloud. CloudCoreo detects risks or misconfigurations at deployment time, allowing potential risks to be mitigated before breaches occur.

Conversations with VMware started after the re:Invent 2017 conference at the end of last December, just a year after CloudCoreo was launched in beta in November of 2016.

Along with Aristos Ventures investment, CloudCoreo received $2.9 in a series seed round of funding with other investors including Madrona Venture Group, Divergent Ventures and Data Collective in 2016.

Jacquelyn Elias

Editor at Launch DFW | SMU senior studying journalism, creative computing and computer science graduating in May '18 | Twitter: @jacquieeli | LinkedIn: linkedin.com/in/jacquelynrelias