PitchBook Analyst Note: Azuqua's Down Round

▤ Summary

While cloud integration services remain in high demand, the recent Azuqua acquisition (at a down valuation) speaks to the difficulties facing startups in this space as scaling remains complicated and new technologies pose existential threats. PitchBook emerging technology analysts weigh in on the $53 million deal and its implications for consolidation in the Integration Platform as a Service space.

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