Seattle-area cloud governance startup CoreStack has acquired Karthik Consulting, a Virginia-based company that sells cloud-related services to federal government agencies.
- Founded in 2008 by tech vet Karthik Balasubramanian, Karthik has 90 employees that manage federal IT and security programs.
- CoreStack said the deal will help broaden its customer base and boost its software that helps companies manage the cost, compliance, consumption, and other aspects of their cloud infrastructure.
- CoreStack, which raised a $30 million Series B round in 2021, now employs more than 300 people following the deal. Terms of the acquisition were not disclosed.