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Graveyard

Heroku
Heroku pioneered the platform-as-a-service category and was acquired by Salesforce in 2010 for about $212 million, but under Salesforce it stagnated relative to a new generation of PaaS competitors. In early February 2026, Salesforce SVP/GM Nitin Bhat announced Heroku would enter a 'sustaining engineering' phase: Salesforce stopped selling new enterprise Heroku subscriptions, froze new feature development, and limited engineering to security patches, stability, and reliability while honoring existing contracts and renewals. The change was made to redirect resources toward Salesforce's AI strategy, including Agentforce. Industry analysts characterized the move as the beginning of a slow-motion phase-out of the once-iconic platform, effectively ending Heroku as a living, independently strategic product even though existing customers can keep running apps for now.
Obituary
HashiCorp
HashiCorp went public on Nasdaq in December 2021 but, like many infrastructure-software companies, struggled to grow into its valuation amid a 2022-2023 enterprise-software downturn and controversy over its 2023 move from open-source to a Business Source License. In April 2024 IBM agreed to acquire the company for about $6.4 billion in cash, roughly $35 per share. The deal cleared regulatory review and closed on February 27, 2025. HashiCorp was absorbed into IBM's software organization to bolster its hybrid-cloud and Red Hat-aligned automation portfolio, ending its existence as an independent public company.
Obituary
StackPath
StackPath raised nearly $400 million to build an independent edge-compute and CDN platform, but suffered repeated management turnover, a lack of product focus, and intense competition from Cloudflare, Fastly, and the hyperscalers. After exiting the standalone CDN business in 2023, the company sent customers emails on June 14, 2024 announcing it would immediately decommission all services and close down. The notice said StackPath had decided to close all products and liquidate all assets for the benefit of its creditors, affecting Edge Compute, authoritative DNS, object storage, network transit, colocation, and Server Density monitoring. No buyer was named for the remaining assets, and customers were given only a short window to migrate before services went dark.
Obituary
Packet
Packet built a well-regarded independent bare-metal cloud but was acquired by data-center operator Equinix for approximately $335 million in a deal completed on March 3, 2020. Equinix initially ran the business as 'Packet, an Equinix company' and then rebranded the service as Equinix Metal, folding the Packet brand into its broader interconnection and colocation strategy. Co-founder Zachary Smith stayed on as a managing director at Equinix. In 2025 Equinix decided to exit the bare-metal-as-a-service business — Metal contributed only about 1.25% of revenue and did not justify continued investment — and announced it would stop selling the product and sunset the platform by June 30, 2026, ending the original Packet offering entirely.
Obituary
Joyent
Joyent was an early infrastructure-as-a-service pioneer and the original steward of Node.js, but it never reached the scale of Amazon Web Services and was acquired by Samsung Electronics in June 2016 to support Samsung's own cloud and connected-device services. With resources strained across both a public cloud and a single-tenant cloud, Joyent announced in June 2019 that it would wind down the Triton public cloud, stopping new customer signups immediately and giving existing customers roughly five months to migrate to partners such as Microsoft Azure and OVH. The Joyent Public Cloud reached end-of-life on November 9, 2019, ending its run as a standalone public IaaS provider, though the underlying Triton technology lived on as an open-source private-cloud project.
Obituary
CoreOS
CoreOS built influential container infrastructure — Container Linux, etcd, rkt, Flannel, the Quay registry, and the Tectonic Kubernetes platform — and raised around $50 million from investors including GV and Kleiner Perkins. As Kubernetes consolidated the container-orchestration market, CoreOS's Tectonic competed head-on with Red Hat's OpenShift. Red Hat announced on January 30, 2018 that it would acquire CoreOS for $250 million, and the deal closed shortly after. Red Hat merged Tectonic and Container Linux into OpenShift and RHEL CoreOS, retained etcd and Quay as ongoing projects, and dissolved CoreOS as an independent company. IBM's later acquisition of Red Hat placed this technology inside IBM as well.
Obituary