Infoblox

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Infoblox, Inc.
Private
Industry Computer networking
Founded Chicago, Illinois (1999)
Founder Stuart Bailey [1]
Headquarters Santa Clara, California
Key people
Jesper Andersen (CEO)
Number of employees
600+ (2012)[2]
Parent Vista Equity Partners
Website infoblox.com

Infoblox, formally (NYSE:BLOX), is a privately held IT automation and security company based in California's Silicon Valley. The company focuses on managing and identifying devices connected to networks—specifically for the Domain Name System (DNS), Dynamic Host Configuration Protocol, and IP address management.[3] According to Gartner, by 2015 the Infoblox market share was 49.9 percent of the $533 million enterprise DDI market. No other competitor had a market share greater than 15 percent.[4]

History[edit]

Infoblox was founded in 1999 in Chicago, Illinois, by Stuart Bailey who was at the University of Illinois.[5] The company moved to Santa Clara, California, in 2003.[6]

In 2010, Infoblox acquired Netcordia which provided technologies for network task automation.[7] Later in the same year, the company integrated Infoblox IP address management technology with Netcordia's network configuration and change management technologies.[8] As virtualization and cloud computing became increasingly prevalent in data centers, automation was marketed using the term distributed virtual infrastructure.[9] The company added DNS security products,[10][11] and it also supplies hardware appliances to host its software.[12] Infoblox joined commercial and government groups,[13][14][15][16] and independent research,[17] and made generally available as open-source software.[18]

Infoblox Inc. headquarters in Santa Clara, California

Network management became increasingly crucial,[19] after a sharp rise in computer crime, especially attacks that exploit DNS servers, such as DNS spoofing and distributed denial-of-service attacks. In 2012, 7.8 million new malware threats emerged.[20] Mobile threats grew by 1,000 percent, and 865 successful breaches compromised 174 million records.[21] DNS servers in particular are vulnerable to hacking, and often used in destructive attacks such as the Syrian Electronic Army (SEA) attack that hit The New York Times and Twitter in 2013.[22][23] In December 2013, it estimated 6,000 customers,[24] which included government organizations as well as businesses.[25][16]

Infoblox received $80 million in five rounds of financing (2000, 2001, 2003, 2004 and 2005). The company's main investor was Sequoia Capital.[26] The company had their initial public offering on April 20, 2012. Shares were listed on the New York Stock Exchange under the symbol BLOX.[5] The stock price advanced 40 percent in the first day of trading.[6] After adding 250 employees that year, Infoblox moved to Santa Clara.[27] Earnings leading up through Q4 2013 showed financial as well as physical growth. Total net revenue for the fourth quarter of fiscal 2013 was $63.1 million, an increase of 40 percent on a year-over-year basis. Total net revenue for fiscal 2013 was a record $225.0 million, an increase of 33 percent compared with the total net revenue of $169.2 million in fiscal 2012.[28] First quarter results for 2014 fell short of expectations, causing a drop in share price.[29]

By 2015, the Infoblox market share in DDI jumped to 49.9 percent in 2015 from 46.7 percent in 2014, and the overall DDI market grew 18.3 percent in the same period to $533 million. No other competitor had a market share greater than 15 percent.[4]

On May 18th, 2016 founder Stuart Bailey awarded Clint Kaiser the First Customer Award at Bloxfest 2016 [30]. On September 19, 2016, Vista Equity Partners announced intent to purchase Infoblox for approximately $1.6 billion.[31] The acquisition closed in November.[32]

References[edit]

  1. ^ "CTO transition announcement," Business Wire, retrieved 6/25/17
  2. ^ "Infoblox Profile," Yahoo Finance, retrieved 12/9/13.
  3. ^ Carolyn Duffy Marsan (November 3, 2003). "InfoBlox targets corporate IP services". Network World. Retrieved January 16, 2017. 
  4. ^ a b "Worldwide DDI Software and Appliance Market Shares, 2015". 
  5. ^ a b "Form S-1 (Ammended) Registration of Securities". US Securities and Exchange Commission. October 1, 2012. Retrieved January 16, 2017. 
  6. ^ a b Jeremy C. Owens and Peter Delevett (April 20, 2012). "Santa Clara software company Infoblox jumps higher in IPO". San Jose Mercury News. Retrieved January 13, 2017. 
  7. ^ "Infoblox Acquires Netcordia,” InformationWeek, May 5, 2010, retrieved 10/14/13.
  8. ^ "Infoblox Announces World's First Integration Between IP Address Management and Network Change and Configuration Management," Businesswire, retrieved 10/18/13.
  9. ^ Infoblox Debuts Network Infrastructure Automation Tools,” channelinsider, May 13, 2011, retrieved 10/27/13.
  10. ^ "Infoblox Expands Security Offerings to Help Protect Against DNS Security Threats and BYOD Risks,” MarketWatch, June 10, 2013, retrieved 11/27/13.URL
  11. ^ ”Infobox Introduces a New Defense Against Advanced Persistent Threats,” MarketWatch, October 30, 2013, retrieved 11/27/13.
  12. ^ “Infoblox targets corporate IP services,” NetworkWorld, November 3, 2003, retrieved 11/27/13.
  13. ^ Trusted Computing Group Members list,(contributors), retrieved 11/1/13
  14. ^ "Infoblox Joins PCI Security Standards Council as Newest Participating Organization," BusinessWire, retrieved 11/1/13.
  15. ^ Common Criteria Certified Companies list, retrieved 11/1/13.
  16. ^ a b ”Infoblox Earns Approval For $2.25 Billion Federal E-Rate Program,” CommSolutions, April 4, 2011, retrieved 11/27/13.
  17. ^ "How complex is your network?,” Fierce Enterprise Communications, November 11, 2013, retrieved 11/27/13.
  18. ^ "Infoblox’s Tapestry open-source tool sizes up network complexity,” ZDNet, September 25, 2013, retrieved 11/27/13.
  19. ^ "The Importance of Network Persistence Plays to Infoblox’s Strengths,” Motley Fool, April 15, 2013, retrieved 10/27/13.
  20. ^ ”McAfee Threats Report: Third Quarter 2012", retrieved 11/27/13.
  21. ^ ”2012 Data Breach Investigations Report," Verizon, March 2012, retrieved 11/27/13.
  22. ^ "Half of DNS servers vulnerable to attack,” ZDNet, November 20, 2007, retrieved 11/27/13.
  23. ^ "Twitter and New York Times still patchy as registrar admits SEA attack," The Guardian, August 28, 2013, retrieved 12/1/13.
  24. ^ "The Importance of Network Persistence Plays to Infoblox’s Strengths,” Motley Fool, April 15, 2013, retrieved 10/27/13.
  25. ^ ”Infoblox NetMRI diagnoses root cause of U.S. Army’s network problems,” Government Security News, April 8, 2011, retrieved 11/27/13.
  26. ^ “Infoblox targets corporate IP services,” NetworkWorld, November 3, 2003, retrieved 11/27/13.
  27. ^ "Bay Area commercial real estate boom on track for record year,” Beyond Marin, November 18, 2013, retrieved 11/27/13.
  28. ^ “Infoblox moves to profit on stronger sales," Bloomsberg BusinessWeek News, September 5, 2013, retrieved 10/27/13.
  29. ^ "Infoblox Sinks on Outlook, but No 'Smoking Gun,'"Investors.com, November 27, 2013, retrieved 12/2/13.
  30. ^ "Infoblox Honors the Company’s First Customer at Bloxfest 2016". 
  31. ^ Antoine Gara (September 19, 2016). "Hedge Funds Starboard Value And Hound Partners Score In Vista Equity's Infoblox Buyout". Forbes. Retrieved January 16, 2017. 
  32. ^ "Vista Equity Partners Successfully Completes Cash Tender Offer for Shares of Infoblox". infoblox.com. 2016-11-07. Retrieved 2016-11-07.