Kemp Technologies

Last updated

Progress Kemp
Company type Public
Industry Technology
Founded1 November 2000;24 years ago (2000-11-01) [1]
Headquarters15 Wayside Rd, Suite 400, Burlington, MA, U.S. 01803
Products Cloud load balancing
Application delivery controller
Load balancing
BrandsLoadMaster, Loadmaster 360
Owner Progress Software
Website kemptechnologies.com

Kemp, Inc. is an American technology company that was founded in 2000 in Bethpage, New York. [2] The company builds load balancing products which balances user traffic between multiple application servers in a physical, virtual or cloud environment.

In 2010, Kemp opened a European headquarters in Limerick, Ireland. [3] Edison Ventures, Kennet Partners and ORIX Venture Finance invested $16 million into the company for research and development, sales and marketing in early 2012. [4] In April 2014, Kemp announced a further investment in its Limerick operations to expand from 30 [5] positions to 80.

In 2019, Kemp was acquired by private equity firm Mill Point Capital. [6]

In November 2020, Kemp Technologies acquired Flowmon Networks for predictive network performance monitoring and network detection response. [7]

In November 2021, Kemp was acquired by Progress Software for $258 million. [8]

Business

Kemp is a software company that develops load balancing and application delivery software. Its products are built on a custom Linux operating system sold under the LoadMaster brand.

As of 2019, there were over 100,000 deployments of LoadMaster globally. [9]

The software enables customers to scale their operations by delivering applications using OSI layer 4 to 7 load balancing. LoadMaster is available as a hardware appliance as well as a software-based load balancer that is available as a virtualized appliance and in Microsoft Azure and Amazon AWS.

Notes

  1. ↑ "KempTechnologies.com WHOIS, DNS, & Domain Info - DomainTools". WHOIS . Retrieved 16 October 2016.
  2. ↑ "EMA Radar for Application Delivery Controllers and Load Balancers: Q4 2011". Enterprise Management Associates. Retrieved 1 May 2012.
  3. ↑ "Kemp Tech Announce Euro HQ in Limerick". Limerick Post. Archived from the original on 6 December 2010. Retrieved 1 May 2012.
  4. ↑ "Investors bet $16 million on growth in application delivery market". Network World. Archived from the original on 16 January 2014. Retrieved 1 May 2012.
  5. ↑ Newenham, Pamela (1 April 2014). "Kemp Technologies to create 50 new jobs in Limerick". Irish Times. Retrieved 1 April 2014.
  6. ↑ Longwell, Ali. "Kemp Acquired by Private Equity Firm Mill Point Capital". SDx Central. Retrieved 1 April 2019.
  7. ↑ Hein, Daniel (6 November 2020). "Kemp Acquires Flowmon to Combine App Security and Network Monitoring". Best Network Monitoring Vendors, Software, Tools and Performance Solutions. Retrieved 22 October 2024.
  8. ↑ "Progress Completes Acquisition of Kemp". Progress. 1 November 2021. Archived from the original on 10 January 2025. Retrieved 5 November 2021.
  9. ↑ Gee, Mike. "US-based KEMP Technologies moves further into channel with partnering success story". ARN. Retrieved 20 August 2014.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.