Spotinst, the startup enabling companies to purchase and manage excess cloud capacity, acquires StratCloud

Spotinst, the cloud automation and optimization startup founded in Tel Aviv but now with offices in San Francisco, New York and London, has acquired AWS partner StratCloud. Terms of the deal remain undisclosed, although I’m hearing it combines both cash and stock and was somewhere in the region of $5 million.
As part of the acquisition, StratCloud’steam of 15 people will be joining Spotinst,including founder Patrick Gartlan, who will become VP, Cloud Services at Spotinst. StratCloud