GRAX and CapStorm Join Forces to Protect Enterprises from Data Risk and Loss

Acquisitions

Summary

Ascendx has completed its acquisition of GRAX and will combine it with CapStorm to create a unified Salesforce data management platform. The new organization focuses on backup, recovery, replication, lifecycle management, and compliance for enterprise customers. It targets regulated industries such as healthcare, financial services, and federal agencies, while also expanding into the UK and Europe. The company says the merger will help customers gain stronger control over their Salesforce data and improve data independence.

Classifications

industries
Fintech & Banking
applications
Data Management

AskAI Classifications

Labels
SaaS CRM Software Enterprise Software

Linked Companies

Salesforce
$1B+
GRAX, Inc.
$1M to $5M
CapStorm
$1M to $5M