Pachube just got some rocket fuel!

We've spent the last three years building out what we believe is the most fully featured Internet of Things web service that you'll find. We've brought together an incredible team, architected an open, scalable and secure infrastructure, and been lucky enough to be joined by all of you: the most innovative and creative Internet of Things enthusiasts in the world.

But we're not stopping there.

We want to scale up further, connect more sensors and devices, track more environments and help more people build tools for understanding real-time data from their cities. We envisage an ecosystem of trust – between users, application developers and device companies – in which collaboration supports creative initiatives for sensing and responding to conditions in the physical world.


With that in mind I am absolutely delighted to announce that Pachube just got some “rocket fuel”...  We've just been acquired by LogMeIn, a leading provider of cloud-based connectivity solutions!  With the technical boost, financial freedom and community expertise that being part of LogMeIn affords us, we're going to be able to spend a whole lot more time and effort on the thing we think is most important: helping support the demands of a fast-growing community of connected pioneers, their devices and their environments.

As anyone who has gone through the process of an acquisition will tell you, it's almost like a wedding – complete with pre-wedding jitters! We initially connected with the LogMeIn team at our offices in London and after spending several hours with CEO Mike Simon and CTO Marton Anka, I was convinced they were people I'd want to work with. Anyone who knows me well knows how careful I am about who I do business with and, as protective as I am of Pachube, I knew straight away that we had a shared ethos and a deep mutual respect. These guys are top notch and I believe we'll be able to go far together.

Ben, Ed and I have been travelling to Boston and Budapest for a few months now, getting to know others on the team and mapping out our future growth plans. We’ll be working closely with seasoned professionals like Conan Reidy VP of Business Development and Sandeep Bajaj, VP of Network Operations. They bring a proven expertise in building both large-scale user-communities and the secure platforms to support them - and they share our aspirations for accelerating growth of Pachube's global community.

The vision I first had more than 10 years ago, of connected cities, connected devices and connected environments defined and created by their inhabitants is becoming a reality. And with LogMeIn behind us, that vision just got a whole lot more real.

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Press Release: From Millions of Computers to Billions of Devices; LogMeIn Acquires Pachube, Takes Aim at Internet of Things

For any press people out there, you’ll need to contact the LogMeIn PR team to organize interviews for the next few weeks. Here’s their contact info:

CONTACT:
Investors
Erica Abrams or Matthew Hunt
Blueshirt Group
415-217-5864, 415-489-2194
erica@blueshirtgroup.com
matt@blueshirtgroup.com


Press
Craig VerColen
LogMeIn, Inc.
781-897-0696
Press@LogMeIn.com