SolarWinds Inc. is a company which develops enterprise information technology (IT) infrastructure management software. SolarWinds is headquartered in Austin, Texas, with sales and product development offices in a number of locations in the United States, Canada, Europe, Singapore and Australia.
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History
Founded in 1999, SolarWinds released a web-based network performance manager in 2001. During 2007, SolarWinds raised funding from Austin Ventures, Bain Capital and Insight Venture Partners. Following the funding, SolarWinds acquired several companies including Neon Software and ipMonitor Corp. and opened a European sales office in Ireland. SolarWinds completed an initial public offering of $112.5 million in 2009.
From 2011, SolarWinds acquired some assets of DameWare Development LLC, and added two remote IT administration tools to its product portfolio.
By 2012, SolarWinds' revenue had reached $269 million, and one year later the company announced plans to invest in an operations hub in Salt Lake City, Utah.
Between 2014 and 2015, the company acquired the Swedish web-monitoring company Pingdom, the metrics and monitoring company Librato (for $40 million), and the log management service Papertrail (for $41 million).
An acquisition by the private equity technology investment firms Silver Lake Partners and Thoma Bravo, LLC. was announced in late 2015, and by January 2016, SolarWinds was taken into private ownership in a $4.5 billion deal.
In September 2016, SolarWinds shut down its development office in Chennai, India.
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Acquisitions
SolarWinds have acquired a number of companies and products, including Neon Software (in 2007), Kiwi (in 2008), TekTools (in 2010), TriGeo Network Security (in 2011), Hyper9 (2011), EminentWare (2012), RhinoSoft (2012), N-able Technologies (2013), GNS3 (in 2015), and several others.
References
External links
- Official website
Source of article : Wikipedia
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