SevOne

SevOne, A Turbonomic Company is a venture-funded network performance management software company. The SevOne Network Data Platform is a network and infrastructure management platform.

SevOne, Inc.
TypePrivate
Industry
Founded2005
Founders
  • Vess Bakalov
    Tanya Bakalov
Headquarters
Boston, MA
,
United States of America
Key people
  • Jim Melvin
  • COO
Number of employees
250+
ParentTurbonomic (2019-present)
Websitewww.SevOne.com

The company was founded in 2005 and named after the slang for the "severity one" performance problems network managers face.[1]

SevOne Network Data Platform provides monitoring and analytics for the digital infrastructure, including networks, servers, and cloud datacenters.[2]

History

The company was founded in 2005 by computer scientists from the University of Delaware who also served as network architects at leading financial institutions.[3]

In July 2007, venture capital firm Osage Ventures led a Series A Preferred placement in SevOne. In March, 2009, Osage led a second round of financing in SevOne along with several private investors.

In January 2013, SevOne announced a $150 million investment from Bain Capital.[4]

In September 2015, SevOne announced a $50 million Series C financing round led by Westfield Capital Management and Bain Capital Ventures. Brookside Capital, HarbourVest, VT Technology Ventures, and Osage Venture Partners also participated in this round.[5]

In November 2019, SevOne was acquired by Turbonomic.

References
  1. Dubie, Denise (10 June 2008). "Start-up SevOne tackles severe performance problems". Network World. Archived from the original on 13 October 2012.
  2. "SevOne Network Performance Monitoring". Retrieved 29 December 2020.
  3. SevOne - About Us
  4. "Posting Its 6th Consecutive Year of Record Revenues, SevOne Receives $150 Million Investment from Bain Capital". Retrieved 1 March 2013.
  5. "SevOne Announces $50 Million Financing Round Led by Westfield Capital Management and Bain Capital Ventures". Retrieved 23 September 2015.
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