A daily newsletter summarizing recent activity & interesting start-ups globally
RECENT NOTABLE ACTIVITY – IT OPERATIONS
- Samanage, which provides a cloud-based platform for IT Service Management for enterprises, raises $20M Series C funding from Carmel Ventures, Gemini Israel Ventures, Marker LLC, Salesforce Ventures and Vintage Investment Partners. Link
- Plutora, a provider of cloud-based tools for release management of applications in enterprises, secures $13.4M Series A funding from Macquarie Capital. Link
- LogTrust, a platform for providing a centralized storage of infrastructure logs and real-time analytics based on the data collected, raises $11M Series B funding from Kibo Venture, Investing Profit Wisely and Atlantic Bridge Capital. Link
- Sensu, an application for providing both centralized and distributed monitoring for the performance of the cloud infrastructure, raises $2.5M Seed funding from Foundry Group. Link
- Mobingi, a cloud-based platform for automating the set-up, deployment, and scalability of IT infrastructure, raises $2.2M Series A funding from Draper Nexus and Archetype Ventures. Link
- Keymetrics, an application for monitoring of infrastructure of applications based on Node.js, raises $2M Series A funding from Alven Capital and Runa Capital. Link
- Zeronines Technlogy, a platform for providing disaster recovery for IT infrastructure, raises $325K Series B funding through debt and equity financing. Link
- VuNet Systems, a platform for monitoring and providing analytics related to the IT infrastructure operations, secures $10K grant (prize money) from Cisco Systems. Link
- Cisco acquires Appdynamics, a platform for monitoring and providing analysis related to the performance of applications, for $3.7B. Link
- Double-Take Software, a platform for providing disaster recovery solutions, is acquired by Carnonite Inc. for $62.25 M. Link
- Clearlake Capital Group acquires Landesk, which provides an application for managing the IT assets of an organization. Link
- Xplenty acquires Driven, a Big-Data based platform for managing the performance of applications. Link
- Lightbend acquires OpsClarity, a platform for providing operational analytics and anomaly detection for IT infrastructure. Link
SOME INTERESTING STARTUPS FOUND
AppDiagnose (2016, Irving) – Full Stack Application Performance Monitoring with different views for QA, Operations and Customer Experience Teams
Easydatamanager (2016, New York City) – Cloud-based platform for monitoring the performance of databases
LEADER BOARD – IT OPERATIONS
Event Processing
Datadog (2010, NYC, $147M) – SaaS based metrics & event monitoring and analytics solution. Backed by OpenView VP, Index Ventures, RTP Ventures, Amplify Partners, IA Ventures, Contour VP, RRE Ventures, NYC Seed and Neu VC.
Moogsoft (2011, SF, $53M) – Machine-learning based event & alert management and collaboration solution. Backed by Redpoint Ventures, Northgate, Wing VC, Cisco Investments, Singtel Innov8, and Mosaic Ventures.
Zenoss (2005, Annapolis, $46M) – Open source IT management and monitoring company. Provides agentless event collection solutions that integrates events, faults, errors, and alerts from every system and source. Backed by Maryland Department of Business and Economic Development, Boulder Ventures, Amplifier VP, InterSouth Partners, Grotech Ventures and Summit Partners.
BigPanda (2012, Tel Aviv, $29.5M) – Provides data analytics based automated IT incident management solution. Backed by Sequoia, Battery Ventures and Mayfield Fund.
Anomaly Detection
Netuitive (1997, Reston, $43M) – Provides behavior analysis based alerting & performance management solutions. Backed by Noro-Moseley Partners, Flagship Ventures, BVP, Columbia Capital, Cross Creek Capital, MK Capital, Thomas Weisel VP and Rembrandt VP.
Numenta (2005, Redwood City, $30M) – Machine intelligence software providing anomaly detection and text analytics.
OpsClarity (2013, Sunnyvale, $22M) – Monitoring and Anomaly detection for web-scale apps by maintaining an Operational Knowledge Graph of the application infrastructure. Backed by NEA, Pinnacle Ventures, AME Cloud Ventures and Morado VP.
Operational Analytics
Splunk (2003, SF, IPO) – Operational intelligence software used to monitor, report and analyze real-time machine data and historical data–located on-premise or in the cloud. Went public in 2012.
Nexthink (2004, Prilly, $65M) – Machine learning based end-user monitoring, threat detection and analytics. Backed by Waypoint Capital, VI Partners, Highland Europe, Mannai, Galeo Ventures and Auriga Partners.
Blazent (2000, San Mateo, $41M) – Provides a Data Intelligence Platform that includes a big data engine and patented Data Evolution Process, giving insights into IT data. Backed by StarVest Partners, Bain Capital Ventures, Benchmark, Pequot Capital Management, LinkSV, HighBar Partners, Catamount Ventures, Walden Venture Capital and Keynote Ventures.
SignalFx (2013, San Mateo, $28.5M) – Provides time series DB based advanced monitoring platform for applications. Backed by a16z and Charles River Ventures.
Performance Management Suite
ServiceNow (2004, Santa Clara, IPO) – PaaS for enterprise IT management and service management solutions. Went public in 2012.
ScienceLogic (2003, Reston, $84M) – Monitors datacenter resources, mobile and remote assets and public and hybrid cloud resources from a single console. Backed by Intel, NEA and Goldman Sachs.
Monitoring – APM
AppDynamics (2008, SF, $314.5M, Acq.) – Application performance management solution that simplifies the management of complex, business-critical apps. Backed by LSVP, Greylock, IVP, KPCB and Silicon Valley Bank and acquired by Cisco in 2017.
New Relic (2008, SF, IPO) – SaaS based web and mobile application performance management provider for the cloud and datacenter. Went public in 2014.
Riverbed (2002, SF, IPO, Acq.) – WAN Optimization and application performance platform. Went public in 2006 and acquired by Thoma Bravo in 2015.
Monitoring – NPM
SolarWinds (1999, Austin, IPO) – Develops software for managing networks – LANs, WANs, network configuration, network traffic and bandwidth, VoIP, IP addresses. Went public in 2009.
SevOne (2005, Wilmington, $202M) – Delivers fast, scalable, and comprehensive real-time monitoring, troubleshooting and performance reporting solution to ensure application performance and reliability. Backed by Osage Partners, Bain Capital, Westfield Capital Management, Brookside Capital and HarbourVest Partners.
Monitoring – AANPM
ExtraHop (2007, Seattle, $62M) – Provides real-time operational intelligence for complex, dynamic production environments. Backed by Madrona Venture Group, a16z, Meritech Capital Partners and TCV.
ThousandEyes (2010, SF, $60.5M) – Identifies the root cause of performance problems with cloud applications and troubleshoots. Backed by Sequoia, Sutter Hill Ventures and Salesforce.
Monitoring – IPM
Virtual Instruments (2008, San Jose, $86M) – Analytics platform for Infrastructure Performance Management, servicing workloads residing on physical, virtual, or cloud computing infrastructure. Backed by Next World Capital, General Catalyst Partners, LSVP, Riverwood Capital, HighBar.
Groundwork (2004, SF, $29M) – Integrates availability, performance and event data together, providing of infrastructure availability and performance metrics. Backed by Canaan Partners, Mayfield Fund, Jafco Ventures and Sapphire Ventures.
AccelOps (2007, Santa Clara, $15M, Acq.) – Virtual appliance software manages security, network performance and compliance. Automatically discovers, analyzes and automates IT issues in machine and big data across organizations’ data centers and cloud resources. Acquired by Fortinet in 2016.
Monitoring – CPM
CloudHealth Technologies (2012, Boston, $40M) – Provides a SaaS software CloudHealth, a Business Performance Management software product for the cloud. Backed by .406 Ventures, Sigma Prime Ventures, Timo Lehes – ScaleVC and Sapphire Ventures.
CliQr (2010, Santa Clara, $39M) – Provides hybrid cloud-application migration and management solutions. Backed by Google Ventures, Foundation Capital, Translink Capital and Polaris Partners.
Monitoring – Website
Gomez (1997, Lexington, $66M, Acq.) – Web performance monitoring solutions for optimizing the performance, availability, and quality of web and mobile applications. Acquired by Compuware in 2009.
Catchpoint Systems (2008, NYC, $39M) – Provides real time analytics in the end to end website performance. Backed by Battery Ventures and Silicon Valley Bank.
Monitoring – Server
Librato (2008, SF, $29M, Acq.) – Real-time monitoring that accepts metrics from any source for real-time aggregation and transformation, anomaly detection, alerting, visual analysis and storage. Acquired by SolarWinds in 2015.
Monitoring – Database
Datavail (2007, Broomfield, $61M) – Provides remote database management services along with design and architecture, database administration, outsourcing services. Backed by Boulder Ventures, Meritage Funds, Montis Capital and Catalyst CTMS.
SQL Sentry (2004, Huntersville, $25M) – Offers a suite of products for performance monitoring, tuning, job scheduling, and alerting for SQL Server, SSIS, SSRS and Windows. Backed by Mainsail Partners.
Management – Log
Sumo Logic (2010, Redwood City, $160.5M) – Cloud-based service provides customers with real-time interactive analytics at petabyte scale. Backed by Sequoia Capital, Accel Partners, Greylock, Sutter Hill Ventures, DFJ Growth and IVP.
Loggly (2009, SF, $43M) – Provides cloud-based log management service. Backed by Trinity Ventures, Cisco, Data Collective, True Ventures, Matrix Partners, Harmony Partners and True Global Ventures.
Management – Server
Intigua (2010, Herzilya, $30M) – Provides software defined & policy driven server management tools. Backed by Intel, BVP and Cedar Fund.
UXcomm (2002, Beaverton, $28.2M) – Provides software products to monitor, control and optimize virtual and physical server environments. Backed by Foundation Capital, OVP Venture Partners and Intel Capital.
Management – Network
6connect (2009, SF, $2M) – Provides software defined cloud controlled IPv4/IPv6 network automation. Backed by Hummer Winblad VP.
Management – Container
Sysdig (2013, Davis, $28M) – Making software tools for managing micro services and containers. Backed by Bain Capital and Accel Partners.
Weave Works (2014, London, $20M) – Provides solutions to address docker networking issues. Backed by Accel Partners and GV.
StackEngine (2014, Austin, $4.5M, Acq.) – Provides docker image & container manager for IT operations from a dashboard. Acquired by Oracle in 2015.
Management – Disaster Recovery
StorageCraft (2003, Draper, $187M) – Provider of backup solutions, disaster recovery, system management and virtualization solutions. Received PE of $187M in January 2016.
Zerto (2009, Herzilya, $130M) – Disaster Recovery for virtualized environments. Backed by IVP, Access Industries, 83 North, Battery, Harmony VP, USVP, Greylock, Charles River Ventures, Claltech and RTP Ventures.
Infrastructure Orchestration
Chef (2008, Seattle, $105M) – Provides IT automation for speed and creating a model for automating IT infrastructure and applications. Backed by Draper Fisher Jurvetson, Ignition Partners, Battery Ventures, Webb Investment Network, Scale VP, Citibank, Amplify Partners, DFJ Growth and Millennium Technology VP.
Puppet Labs (2005, Portland, $85.5M) – Provides configuration management tool. Backed by True Ventures, KPCB, GV, VMware, Cisco and Triangle Peak Partners.
IT Automation
Tanium (2007, Berkeley, $301.5M) – Provides endpoint security and system management solutions for enterprises. Backed by a16z, IVP, TPG Growth and Franklin Templeton Investments.
Arago GmbH (1995, Frankfurt Am Main, $55M) – Enterprise automation solution based on AI and machine learning technology. Backed by Kohlberg Kravis Roberts & Co.
ITSM
Troux (2001, Austin, $355M, Acq.) – IT Planning and asset management platform. Acquired by PlainView in 2015.
Apptio (2007, Washington D.C., $136M) – Provides cloud-based technology for business management (TBM) applications. Backed by a16z, Shasta Ventures, Madrona Venture Group, Greylock, Cisco, T. Rowe Price, Janus, The Hillman Companies, 137 Ventures and SharesPost.
LogicNow (2004, Dundee, $82M, Acq.) – Cloud-based ITSM solution. Acquired by SolarWinds in 2016.
Solidcore System (2002, Cupertino, $45M, Acq.) – Provides software for change management auditing, configuration control, PCI compliance and system lockdown. Acquired by McAfee in 2009.
Leaderboard includes all the top funded, IPO and successfully running bootstrapped companies along with their location, founding year and funding amount.
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