ServiceNow acquires Belgian startup Sweagle-Start-ups

Going big in a niche market: This is what Sweagle has proven, and now small startups from Kampenhout are taken over by ServiceNow, a large Californian “software as a service” (SaaS) company. Sweagle was founded in 2017 by CEO Mark Verstockt and CTO Benny Van de Sompele. Their technology responds to DevOps and DevSecOps trends: combining development and operations allows companies to react more quickly and release new products or software versions faster and more securely.

“Any changes to the configuration data can cause problems, so every time other set up And configuration is under investigation. This is usually manual work, a very laborious and time-consuming task, and it is easy to make mistakes, but we have automated the process on the SaaS platform,” CEO Mark Verstockt explained to Data News last year. Then Sweagle announced Another round of financing came from French and American investors of 3 million euros for international growth, including an undisclosed “American leading SaaS company.”

It is not clear how many deposits ServiceNow has now prepared for the launch. The software company hopes to complete the acquisition by the beginning of the third quarter. For ServiceNow, this is already the third acquisition this year after Loom Systems and Passsage AI. Sweagle’s technology will be specifically used to enhance ServiceNow products around DevOps and IT operations management. Both Verstockt and Van de Sompele will remain on board. By the way, the two gentlemen are not novices, but “rough” IT figures. They have been motivated by many Israeli technology startups such as Oblicore and Nolio in the past 20 years. Or what CEO Verstockt said: “Innovation does not stop at a certain age. It’s not because you can’t develop new software at 50.”

Going big in a niche market: This is what Sweagle has proven, and now small startups from Kampenhout are taken over by ServiceNow, a large Californian “software as a service” (SaaS) company. Sweagle was founded in 2017 by CEO Mark Verstockt and CTO Benny Van de Sompele. Their technology responds to the DevOps and DevSecOps trends: combining development and operations so that they can react faster as a company to release new products or software versions faster and more securely. May cause problems, which affect different settings and configuration must be checked each time. This is usually manual work, which is a very laborious and time-consuming work and is prone to errors, but we have automated the process on the SaaS platform,” explained CEO Mark Verstockt. Last year’s data news. Subsequently, Sweagle announced another round of financing of 3 million euros with French and American investors to achieve international growth. One of the investors is an undisclosed “American leading SaaS company”. It is not clear that ServiceNow is responsible for this. How much money the startup has invested. The software company hopes to complete the acquisition by the beginning of the third quarter. For ServiceNow, this is already the third acquisition this year after Loom Systems and Passsage AI. Sweagle’s technology will be dedicated to enhancements ServiceNow products around DevOps and IT operations management. Both Verstockt and Van de Sompele will remain on board. By the way, the two gentlemen are not novices, but “rough” IT characters. They have been in Oblicore and Nolio and many other Israeli technology start-ups have been motivated. Or what CEO Verstockt said: “Innovation will not stop at a certain age. It’s not that you can’t develop new software because you are 50 years old. ”