As private equity firms and strategic buyers pounce on the M&A opportunities within cloud computing, a handful of venture capital-backed startups are focusing on helping companies migrate traditional legacy systems to the cloud.
These startups may soon attract buyers. "As these companies and others continue to mature, we will see strategics and private equity firms show interest in owning them," says Devin Matthews, a partner with ParkerGale Capital. "These are technologies that are emerging and will be important to the landscape moving forward." Here’s a trio of cloud migration startups to keep an eye on: