ThousandEyes

Last updated
ThousandEyes, Inc.
Type Private
Industry
Founded2010;12 years ago (2010)
Mountain View, California
Headquarters
San Francisco, California
Key people
Mohit Lad (CEO and co-founder)
Ricardo Oliveira (CTO and co-founder)
Website www.thousandeyes.com

ThousandEyes, Inc. is a network intelligence company headquartered in San Francisco with offices in Dublin, London, New York, Tokyo, and Austin, Texas. The company produces software that analyzes the performance of local and wide area networks. [1] On May 29, 2020, Cisco announced it would be acquiring ThousandEyes. [2] [3]

Contents

History

The company was founded in 2010 by Mohit Lad and Ricardo Oliveira who had worked together during grad school in the UCLA Internet Research Lab to visualize Autonomous System topologies. [4] ThousandEyes received a $500K National Science Foundation grant in 2011 to focus on DNS infrastructure troubleshooting. [5] In 2011, Sequoia Capital led a Series A round to invest $5.5M. [6] The company launched their network monitoring product in June 2013. [7] In 2014, Sutter Hill Ventures led a Series B round, joined by Sequoia Capital and Salesforce.com, to invest $20M in the company. [8] In 2016, Tenaya Capital and GV joined a Series C round, along with previous investors, with $35M more in capital. [9] In February 2019 the company announced it has raised $50M in a Series D round of funding led by GV (formerly Google Ventures), bringing ThousandEyes' total funding to more than $110 million. Additionally, Thomvest Ventures joined the round as a new investor alongside existing investors Salesforce Ventures, Sequoia Capital, Sutter Hill Ventures and Tenaya Capital. [10]

Technology

ThousandEyes is a software-as-a-service (SaaS) product that uses synthetic monitoring probes to measure network performance. The product includes elements of network tomography for loss and latency, route analytics to visualize BGP advertisements, DNS monitoring, VoIP monitoring, website monitoring for HTTP and HTTPS and SNMP device polling. [11]

Business

ThousandEyes was privately held until 2020 and backed by venture investors including Sequoia Capital, Sutter Hill Ventures, Salesforce, Tenaya Capital and GV. Its customers include Twitter, Equinix, ServiceNow, EBay, DocuSign, top US banks, and many software-as-a-service cloud companies. [12] In May 2020, Cisco announced intent to acquire ThousandEyes. [13] In August 2020, Cisco completed the acquisition [14] for an undisclosed amount that was reported to be near $1 Billion. [15]

Recognition

ThousandEyes has been recognized by Fortune as one of the 2019 Best Workplaces in Texas [16] and by the San Francisco Business Times as one of the 2019 Bay Area Best Places to Work. [17] ThousandEyes has also been recognized by Battery Ventures as one of the 50 Highest-Rated Private Cloud-Computing Companies to Work For, with data specifically provided from Glassdoor. [18] In June 2019, ThousandEyes was recognized as one of the winners of the 2019 Cloud Computing Product of the Year Award by TMC's Cloud Computing Magazine. [19] In November 2018, ThousandEyes was recognized in Credit Suisse AG's inaugural Disruptive Technology Recognition (DTR) Program, an annual recognition of five top companies who are disrupting traditional enterprise information technology (IT Infrastructure). [20] ThousandEyes was included in the 2014 “Gartner Cool Vendors in Application Performance Monitoring and IT Operations Analytics” report. [21] Forbes placed ThousandEyes fourth on the list of the "Hottest Startups of 2014." [22]

Related Research Articles

Sequoia Capital is an American venture capital firm. The firm is headquartered in Menlo Park, California, and specializes in seed stage, early stage, and growth stage investments in private companies across technology sectors. As of 2022, Sequoia's total assets under management were approximately US$85 billion.

<span class="mw-page-title-main">Salesforce</span> American software company

Salesforce, Inc. is an American cloud-based software company headquartered in San Francisco, California. It provides customer relationship management (CRM) software and applications focused on sales, customer service, marketing automation, analytics, and application development.

<span class="mw-page-title-main">Slack Technologies</span> Software company in Canada

Slack Technologies, LLC is an American software company founded in 2009 in Vancouver, British Columbia, known for its proprietary communication platform Slack.

<span class="mw-page-title-main">Appirio</span> American IT consultancy

Appirio, a Wipro company, was an information technology consulting company headquartered in Indianapolis, Indiana that offered technology and professional services to companies wishing to adopt public cloud applications. This included Software-as-a-Service and Platform-as-a-Service technologies like Salesforce.com, and Google Apps. Appirio ran as a serverless company, utilizing only public cloud solutions and no in-house datacenter.

Silk is a technology company headquartered in Needham, Massachusetts, United States. Silk offers a cloud platform for enterprise customers with mission-critical applications. The company has offices in Boston and Israel.

MuleSoft, LLC. is a software company headquartered in San Francisco, California, that provides integration software for connecting applications, data and devices. Started in 2006, the company's Anypoint Platform of integration products is designed to integrate software as a service (SaaS), on-premises software, legacy systems and other platforms.

BlueJeans by Verizon is a company that provides an interoperable cloud-based video conferencing service. It is headquartered in the Santana Row district of San Jose, California. Prior to being acquired by Verizon, the company was known as "BlueJeans Network."

BetterCloud, an independent software vendor based in New York, NY and with engineering offices in Atlanta, GA, builds unified SaaS management software. A venture-backed startup, BetterCloud has raised $187 million in total funding, with the most recent round was led by Warburg Pincus with series F funding with $75 million raised to date. A previous round of funding was done in April 2018 which was led by Bain Capital Ventures. In December 2016, BetterCloud completed pivot from G Suite to general SaaS management.

<span class="mw-page-title-main">Datadog</span> Monitoring platform for cloud applications

Datadog is an observability service for cloud-scale applications, providing monitoring of servers, databases, tools, and services, through a SaaS-based data analytics platform.

Cumulus Networks was a computer software company headquartered in Mountain View, California, USA. The company designed and sold a Linux operating system for industry standard network switches, along with management software, for large datacenter, cloud computing, and enterprise environments.

<span class="mw-page-title-main">Optimizely</span>

Optimizely is an American company that provides digital experience platform software as a service. Optimizely provides A/B testing and multivariate testing tools, website personalization, and feature toggle capabilities, as well as web content management and digital commerce.

Tidemark is a private enterprise performance management firm founded in 2010 that provides cloud-based analytics applications built for a mobile device enabled platform. Tidemark was known as Proferi when it was in stealth mode and is located in Redwood City, California. In Sept. 2013, Tidemark won the Big Data Startup Challenge and earned a spot in the Big Data 50.

Avere Systems was a privately held technology company that produces computer data storage and data management infrastructure. The company was founded in 2008 and is based in Pittsburgh, Pennsylvania. As of March 2017, the company had raised over $90 million in funding. On January 3, 2018, the company announced that it was being acquired by Microsoft.

Cisco Jasper is a subsidiary of Cisco Systems that provides a cloud-based software platform for the Internet of Things (IoT). The company was founded as Jasper Wireless, Inc., later known as Jasper Technologies, Inc., headquartered in Santa Clara, California. Cisco Jasper's platform is designed to help organizations launch, manage, and monetize the deployment of the Internet of Things worldwide. Founded in 2004, Jasper partners with over 120 mobile operator networks to serve IoT and machine-to-machine (M2M) companies different industries including: automotive, home security and automation, agriculture, food/beverage, wearable technology, healthcare, advertising and industrial equipment.

<span class="mw-page-title-main">Turbonomic</span> U.S.-based enterprise software company

Turbonomic is a resource-simulation software company headquartered in Boston, MA and owned by IBM. The company was originally named VMTurbo.

The Alchemist Accelerator is a venture-backed accelerator focused on accelerating the development of seed-stage ventures that monetize from enterprises. CB Insights rated Alchemist the top accelerator in 2016 based on median funding rates of its grads. The accelerator’s primary screening criteria are based on teams, with primacy placed on having distinctive technical co-founders. The organization provides seed investment into companies it admits, and provides founders a structured path to traction, fundraising, mentorship, and community over the course of a six month program. Alchemist's backers include many of the top corporate and VC funds in the Valley—including Khosla Ventures, DFJ, Cisco, Siemens, GE, and Salesforce, among others. The accelerator seeds around 75 enterprise-monetizing ventures per year.

Sierra Ventures is an American venture capital firm based in San Mateo, California. It is focused on early stage emerging technology companies.

<span class="mw-page-title-main">Whatfix</span>

Whatfix is a SaaS based platform which provides in-app guidance and performance support for web applications and software products. Whatfix helps companies to create interactive walkthroughs that appear within web applications.

<span class="mw-page-title-main">Almaz Capital</span> International venture fund

Almaz Capital is a global VC fund investing in early stage, capital efficient technology companies in high-growth sectors. Almaz Capital focuses on disruptive deep tech companies in b2b software space, including AI/ML and Blockchain applications, IoT and Edge Computing Enablers, Cybersecurity, etc. Since its foundation the firm's portfolio has included about 50 companies, with more than 300 million US dollars invested in them.

Wiz is a cloud security startup headquartered in New York City. The company was founded in January 2020 by Assaf Rappaport, Yinon Costica, Roy Reznik, and Ami Luttwak, all of whom previously founded Adallom. Rappaport serves as CEO, Costica as VP of Product, Reznik as VP of Engineering, and Luttwak as CTO. The company's platform analyzes computing infrastructure hosted in AWS, Azure, GCP, OCI and Kubernetes for combinations of risk factors that could allow malicious actors to gain control of assets and/or exfiltrate valuable data.

References

  1. ↑ Moozakis, Chuck (19 June 2014). "Network Innovation Award: ThousandEyes Multiplies View". TechTarget. Retrieved 17 March 2015.
  2. ↑ "Cisco Announces Intent to Acquire ThousandEyes". newsroom.cisco.com. Retrieved 2020-05-28.
  3. ↑ Bort, Julie. "Cisco is buying 400-employee startup ThousandEyes, which launched by using thrown-away computer servers and an unusual source of seed money". Business Insider. Retrieved 2020-05-29.
  4. ↑ Chi, Ying-Ju; Oliveira, Ricardo; Zhang, Lixia (October 2008). "Cyclops: The AS-level Connectivity Observatory". ACM SIGCOMM Computer Communication Review. 38 (5): 5–13. doi:10.1145/1452335.1452337. S2CID   9060965 . Retrieved 18 March 2015.
  5. ↑ "SBIR Phase II: An Integrated Solution for Global Visibility and Security of Internet Services". Small Business Innovation Research. Retrieved 18 March 2015.
  6. ↑ "Technology Portfolio". Sequoia Capital. Retrieved 18 March 2015.
  7. ↑ Darrow, Barb (19 June 2013). "ThousandEyes sniffs out performance problems on-site, off-site wherever". GigaOm. Retrieved 18 March 2015.
  8. ↑ Kepes, Ben (9 December 2014). "ThousandEyes Raises $20M Series B". Forbes. Retrieved 18 March 2015.
  9. ↑ Vanian, Jonathan (25 December 2016). "Alphabet and Salesforce's Venture Arms Just Poured Millions In This Hot Startup". Fortune. Retrieved 25 February 2016.
  10. ↑ Wiggers, Kyle (20 February 2019). "ThousandEyes raises $50 million to monitor network performance". VentureBeat. Retrieved 29 August 2019.
  11. ↑ Banks, Ethan (11 October 2013). "ThousandEyes Peers into Cloud Performance". Network Computing. Retrieved 18 March 2015.
  12. ↑ Bort, Julie (2016-11-07). "How These Founders Built a $273 Million Company From Junk Computers". Inc.com. Retrieved 2020-04-07.
  13. ↑ "Cisco Announces Intent to Acquire ThousandEyes". 2020-05-28.
  14. ↑ "Cisco Completes Acquisition of ThousandEyes". 2020-08-07.
  15. ↑ Baker, King (2020-05-28). "Cisco Nears $1 Billion Takeover of Software Maker ThousandEyes". Bloomberg.com.
  16. ↑ Fortune Editors (19 March 2019). "The 80 Best Companies to Work For in Texas". Fortune. Retrieved 29 August 2019.{{cite news}}: |author1= has generic name (help)
  17. ↑ Cooper, Julia (18 April 2019). "These are the Best Places to Work in the Bay Area". San Francisco Business Times. Retrieved 29 August 2019.
  18. ↑ Battery Ventures (24 April 2019). "The #CloudCulture Competition Heats Up. Here's Who's Topping The Highest-Rated Cloud Companies Lists of 2019". Powered by Battery. Retrieved 29 August 2019.
  19. ↑ "Winners of the 2019 Cloud Computing Product of the Year Award Announced". Cloud Computing Magazine. 20 June 2019. Retrieved 29 August 2019.
  20. ↑ Byrne, Karina (20 November 2018). "Credit Suisse AG Announces the Disruptive Technology Recognition Program". Credit Suisse (Press release). Retrieved 29 August 2019.
  21. ↑ Kowall, Jonah (29 April 2014). "Cool Vendors in Application Performance Monitoring (APM) and IT Operations Analytics (ITOA)". Gartner Blog. Retrieved 18 March 2015.
  22. ↑ Solomon, Brian (17 December 2014). "The Hottest Startups of 2014". Forbes. Retrieved 18 March 2015.
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.