NetApp acquires JetStream

AUGUST 6, 2026

NetApp acquires JetStream

TARGET

Cloud-native VMware disaster recovery and migration software enabling managed service providers and enterprises to achieve near-zero RPO/RTO for virtualized workloads across hybrid and multi-cloud environments.

Ownership	VC-backed
Investors	Digital Alpha Advisors, Illuminate Ventures, EG Capital Advisors
Capital raised	$7.7M
Headcount	38 FTEs
Headquarters	San Jose, California
Leadership	Tom Critser, Co-Founder & CEO
Sell-side advisor	—

ACQUIRER

NetApp

Publicly traded intelligent data infrastructure company (NASDAQ: NTAP) offering cloud storage, data management, and hybrid cloud services to enterprises.

Ownership	Publicly traded (NASDAQ: NTAP)
Headcount	11,700 FTEs
Headquarters	San Jose, California
Leadership	George Kurian, Chief Executive Officer
Buy-side advisor	—

Share deal Copy details View press release ↗

NetApp -> JetStream  (2026-09-11)
strategic_acquisition | DevTools/Infrastructure
Target: Cloud-native VMware disaster recovery and migration software enabling managed service providers and enterprises to achieve near-zero RPO/RTO for virtualized workloads across hybrid and multi-cloud environments.
Website: jetstreamsoft.com | Buyer site: netapp.com
HQ: San Jose, California | Ownership: vc-backed | Buyer ownership: public (NASDAQ: NTAP)
Advisors - not yet credited
Source: Thematic - https://thematichq.com/software/d/netapp-jetstream.html

Spotted an error or advised on this transaction? Claim credit or send a correction

MORE IN DEVTOOLS/INFRASTRUCTURE

Opti9 Technologies (Crest Rock Partners) acquires Hut 8's Canadian Managed Cloud Business

Traditional managed cloud services for Canadian businesses including private and public cloud, backup, and disaster recovery hosted across five Canadian data center locations

Nvidia acquires Hugging Face

$12.93B Purchase Price — Open-source AI model hub and developer platform hosting 3 million models, 500,000 datasets, and 1 million applications used by 18 million developers and researchers

CollPlant Biotechnologies Ltd. acquires LightSolver Ltd.

Laser Processing Unit (LPU) all-optical computing platform targeting computationally intensive workloads in scientific simulation, engineering optimization, and Physical AI for aerospace, defense, energy, and financial services customers

Citrix (Cloud Software) acquires Numecent

Windows application containerization and cloud delivery software enabling IT teams to package, stream, provision, and manage apps across physical and virtual Windows endpoints without traditional installation

Amazon Web Services (Amazon) acquires DuckLabs

Embedded in-process OLAP analytical database engine and surrounding ecosystem (DuckLake, Quack) used by developers and data engineers for high-performance column-oriented SQL analytics without a separate server

H.I.G. Growth Partners (HIG) invests in Rewind Software Inc.

SaaS backup, recovery, and data governance platform protecting business-critical data across 16 cloud applications — including Jira, Confluence, GitHub, Shopify, and QuickBooks Online — for over 25,000 organizations

Browse the full register →

PAST ISSUES CONTACT

Thematic is a news publication, not an investment adviser. Nothing here is investment advice or a recommendation to buy or sell any security. Researched and compiled by Thematic; accuracy and completeness are not guaranteed.