SolarWinds

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This article is about the IT company. For the astronomical phenomenon, see solar wind. For other uses, see Solar wind (disambiguation).
SolarWinds Inc.
Type Public
Industry Network Management, Server Monitoring, Application Monitoring, IT Security Management and Data Storage Management
Founded 1999
Headquarters Austin, Texas, United States of America
Key people Kevin Thompson, President and Chief Executive Officer
Jason Ream, EVP and CFO
Doug G. Hibberd, EVP and President Business Operations
Paul Strelzick, EVP and President Worldwide Sales
Revenue $269 million (2012)
Employees 900+
Website www.solarwinds.com

SolarWinds Inc. (NYSESWI) develops and markets enterprise information technology (IT) infrastructure management software to IT professionals.[1] SolarWinds is headquartered in Austin, Texas, with sales and product development offices in Salt Lake City, Utah; Cork, Ireland; Brno, Czech Republic; Singapore; Chennai, India; and Brisbane, Australia.[2]

“Aiming for 80 percent of the functionality of rival offerings from IBM Corp. and Hewlett-Packard Co., the company sells its wares for one-tenth as much,” Forbes reported in October 2012.[2] SolarWinds has more than 100,000 users.[3] SolarWinds provides numerous free tools.[4] SolarWinds hosts an online community called thwack, with more than 125,000 users worldwide.

History[edit]

SolarWinds was founded in 1999 by brothers Dave and Don Yonce in Tulsa, Oklahoma.[5] It was profitable in its first year of business.[6] The company relocated to Austin, Texas, in 2006. Sales have averaged a 38 percent annual increase since the move. From 2005 to 2007, the company more than doubled its revenue, annually increasing from $27.9 million to $61.7 million.[6]

In 2007, SolarWinds raised funding from Austin Ventures, Bain Capital and Insight Venture Partners.[6][7] Following the funding, SolarWinds acquired several companies including Neon Software and ipMonitor Corp. and opened a European sales office in Ireland.[8]

SolarWinds completed its initial public offering of $112.5 million in 2009.[3] The company introduced the SolarWinds Certified Professional Program (SCP) for network management, to test professionals in five areas: network management fundamentals, network management planning, network management operation, network performance troubleshooting and Orion Network Performance Monitor (NPM) administration and service.[9]

In 2012, SolarWinds’ total revenue reached $269 million.[10] In 2013, SolarWinds announced plans to invest $50 million on an operations hub in Salt Lake City.[11]

In June 2014, the company purchased the Swedish web-monitoring company Pingdom.

Products[edit]

SolarWinds sells more than 60 products and provides free tools that address a variety of IT-management issues, including network monitoring software,[12] server and application management, virtualization management, storage management, and IT security management.

Acquisitions[edit]

  • Pingdom(2014)
  • Confio Software (2013) for $103 million in cash.
  • N-able Technologies (2013)[13]
  • RhinoSoft (2012)[14]
  • EminentWare (2012)[15]
  • RoveIT (2012)[16]
  • Hyper9, Inc. (2011)[17]
  • TriGeo Network Security (2011)[18]

References[edit]

  1. ^ Darryl K. Taft, eWeek. "IT Management: IT Admin's 'Summer Suitcase': 11 Helpful Tech Tools for Vacation." July 3, 2012. Retrieved Nov. 1, 2012.
  2. ^ a b Kurt Badenhausen, Forbes. “SolarWinds Tops List Of America's Best Small Companies.“ Nov. 17, 2012. Retrieved June 17, 2013.
  3. ^ a b Lori Hawkins, Austin American-Statesman. “SolarWinds keeps on growing.“ Nov. 20, 2011. Retrieved June 17, 2013.
  4. ^ SolarWinds Free Tools Page. “Be a Network Superhero With Our Free Tools.“ June 17, 2012. Retrieved June 17, 2013.
  5. ^ Kenson Website. “SolarWinds Products.” Retrieved on June 17, 2013.
  6. ^ a b c Austin Business Journal. “SolarWinds Raises $7.5M.” Feb. 5, 2007. Retrieved on June 17, 2013.
  7. ^ Chris Morrison, VentureBeat. “Is Network Management Growing? SolarWinds Picks up Kiwi Enterprises.” Jan. 6, 2009. Retrieved on June 17, 2013.
  8. ^ Maxwell Cooter, TechWorld. “SolarWinds Finally Blows into Europe.” October 9, 2007. Retrieved on January 6, 2009.
  9. ^ Ted Stevenson, EnterpriseNetworkingPlanet. "SolarWinds Inaugurates Network Management Certification." Aug. 14, 2009. Retrieved Aug. 20, 2009.
  10. ^ SolarWinds Website. "SolarWinds Company News." Feb. 4, 2013. Retrieved June 17, 2013.
  11. ^ Utah Business. “SolarWinds To Begin Presence in Utah.“ May 10, 2013. Retrieved June 17, 2013.
  12. ^ http://www.solarwinds.com/network-performance-monitor.aspx
  13. ^ Wall Street Journal. “SolarWinds to Buy N-able Technologies for $120 Million.“ May 21, 2013. Retrieved June 20, 2013.
  14. ^ Richard Hay, Windows Observer. “RhinoSoft Acquired by SolarWinds – FTP Voyager Now Offered as Free Tool.“ Dec. 18, 2012. Retrieved June 20, 2013.
  15. ^ Bloomberg Business Week. “Company Overview of EminentWare LLC.“ June 23, 2013. Retrieved June 23, 2013.
  16. ^ BlackBerry Cool. “Publicly Traded SolarWinds Acquires Rove Mobile Admin Technology.“ April 10, 2012. Retrieved June 23, 2013.
  17. ^ Austin Business Journal. “SolarWinds acquires Hyper9.“ July 19, 2011. Retrieved June 23, 2013.
  18. ^ Robin Wauters, TechCrunch. "SolarWinds Buys Network Security Company TriGeo For $35 Million In Cash." June 23, 2011. Retrieved June 22, 2013.

External links[edit]