Why Evolve IP Just Acquired New Jersey’s Clearlogin

Clearlogin, a New Jersey–based identity authentication provider, has been acquired by Wayne, Pa.-based cloud services provider Evolve IP.

No financial terms were immediately disclosed from the deal, which marks Evolve IP’s third publicly disclosed acquisition in 2017. It’s part of the expansion playbook set up by Boston-based venture firm Great Hill Partners following a majority investment in the suburban company back in 2016.

“Evolve IP provides enterprises with integrated cloud solutions for both communications and computing,” said Evolve IP President Guy Fardone in an email. “It’s the OneCloud model and it makes IT more efficient. The addition of IDaaS for Evolve IP’s solutions, integrated with 4,000 cloud applications, makes IT even more effective.”

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