ServiceNow Acquires Israeli Startup Sweep for Approximately $400 Million
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The acquisition strengthens ServiceNow's push into AI-native enterprise software Illustration: Mikhail NIlov via pexels.com ServiceNow is acquiring Israeli startup Sweep for approximately $400 million, according to Geektime, which first reported the deal. A ServiceNow spokesperson confirmed the acquisition to the Israeli tech website but declined to comment on its financial terms. Founded in 2021 by Ido Gever and Eran Kirshenboim, Sweep develops technology that helps enterprises map and manage the complex systems, workflows and permissions underlying their operations. The founders previously established Flok, which was acquired by Wix. Sweep connects to platforms including Salesforce, ServiceNow and Snowflake, continuously collecting metadata and mapping dependencies and business logic into a unified graph. This allows development teams and AI agents to understand how systems interact and assess the potential impact of changes before deployment. The company also uses "metadata agents" for tasks including code documentation, system monitoring, process analysis and permission management. Sweep employs around 90 people across Tel Aviv, New York, Lisbon and Madrid and has raised approximately $57.6 million to date. The acquisition is the latest in ServiceNow's growing Israeli M&A activity, following recent deals for Pyramid Analytics, Traceloop and ai.work, as well as its $7.75...
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