Austin, Texas, January 10, 2026
Flexera, a leader in technology spend intelligence, has acquired ProsperOps, an Austin-based cloud cost management company, marking a significant venture-backed software exit in Texas. Announced on January 6, 2026, the deal also includes Chaos Genius and comes as ProsperOps experiences rapid growth, managing over $6 billion in annual cloud spending. This acquisition enhances Flexera’s FinOps solutions, further establishing Texas’s prominence in the tech industry.
Austin, Texas – Flexera Acquires ProsperOps in Significant Tech Industry Deal
Flexera, a global leader in technology spend and risk intelligence, has acquired ProsperOps, an Austin-based cloud cost management company, marking one of the largest venture-backed software exits in Texas history.
Details of the Acquisition
The acquisition, announced on January 6, 2026, also includes Chaos Genius, a company specializing in cost management for data cloud platforms. Financial terms of the deals were not disclosed. The head of Active Capital, which made a pre-seed investment in ProsperOps, stated that the acquisition is “likely a top 20 Austin venture-backed software exit of all time.” Part of the ProsperOps team is also based in San Antonio, making it “the most meaningful venture-backed outcome to touch San Antonio since Rackspace.”
ProsperOps’ Growth and Services
Founded in 2018, ProsperOps has grown by over 90% in recent months and now manages more than $6 billion in annual cloud usage. The company automates cloud commitment management across Amazon Web Services, Microsoft Azure, and Google Cloud, helping enterprises optimize their cloud spending. ProsperOps will continue operating under its own brand while integrating complementary Flexera features.
Flexera’s Strategic Expansion
This acquisition is part of Flexera’s broader strategy to enhance its FinOps solutions. In March 2025, Flexera completed the acquisition of Spot from NetApp, expanding its Cloud Financial Management offerings. Additionally, in February 2024, Flexera acquired Snow Software, broadening its portfolio for technology value optimization.
Impact on the Texas Tech Industry
The acquisition of ProsperOps is a significant event for the Texas technology sector, highlighting the state’s growing prominence in the tech industry. The deal underscores the potential for substantial returns on investment in Texas-based tech companies and may attract further attention to the region’s tech ecosystem.
Frequently Asked Questions (FAQ)
What is ProsperOps?
ProsperOps is an Austin-based cloud cost management company that automates cloud commitment management across Amazon Web Services, Microsoft Azure, and Google Cloud, helping enterprises optimize their cloud spending.
Who acquired ProsperOps?
Flexera, a global leader in technology spend and risk intelligence, acquired ProsperOps.
What is the significance of this acquisition?
The acquisition is considered one of the largest venture-backed software exits in Texas history, marking a significant win for the Texas technology sector.
Will ProsperOps continue to operate under its own brand?
Yes, ProsperOps will continue operating under its own brand while integrating complementary Flexera features.
What other acquisitions has Flexera made recently?
In March 2025, Flexera completed the acquisition of Spot from NetApp, expanding its Cloud Financial Management offerings. Additionally, in February 2024, Flexera acquired Snow Software, broadening its portfolio for technology value optimization.
Key Features of the Acquisition
| Feature | Details |
|---|---|
| Acquiring Company | Flexera |
| Acquired Company | ProsperOps |
| Additional Acquisition | Chaos Genius |
| Financial Terms | Not disclosed |
| ProsperOps’ Annual Cloud Usage Managed | Over $6 billion |
| ProsperOps’ Growth | Over 90% in recent months |
| Flexera’s Previous Acquisitions | Spot from NetApp (March 2025), Snow Software (February 2024) |
Deeper Dive: News & Info About This Topic
HERE Resources
Austin Prepares for Surge in Data Center Power Demand
San Antonio Introduces Free Christmas Tree Recycling Program
Austin Launches First All-in-One Recycling Center for Construction
Texas Data Centers: Balancing Growth with Water Concerns
Why Construction Businesses in San Antonio Must Choose ERP Systems with Open APIs for Modern Success
Construction ERP Single Database Platform: A Comprehensive Guide for San Antonio Construction Businesses
Construction ERP Guide for San Antonio Businesses
Construction ERP Systems: Mobile Solutions for San Antonio Construction Firms
Construction ERP Systems: Critical Success Factors for San Antonio Contractors
8 Best Construction Project Management Software Picks for San Antonio
Author: STAFF HERE SAN ANTONIO WRITER
The SAN ANTONIO STAFF WRITER represents the experienced team at HERESanAntonio.com, your go-to source for actionable local news and information in San Antonio, Bexar County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as Fiesta San Antonio, San Antonio Stock Show & Rodeo, and Dia de los Muertos. Our coverage extends to key organizations like the Greater San Antonio Chamber of Commerce and United Way of San Antonio and Bexar County, plus leading businesses in retail, insurance, and energy that power the local economy such as H-E-B, USAA, and Valero Energy. As part of the broader HERE network, including HEREAustinTX.com, HERECollegeStation.com, HEREDallas.com, and HEREHouston.com, we provide comprehensive, credible insights into Texas's dynamic landscape.
